Courtesy of eXp Realty of California, Inc.
Property Description
Variance granted Detached. RARE OPPORTUNITY-4 NEWLY CONSTRUCTED UNITS Just 2 Blocks from the Ocean Beach Shoreline!Prime coastal investment in one of San Diego’s most desirable beach communities! With a gross annual rental income of $186,000, this is a turnkey, high-yield property ideal for savvy investors or owner-occupants looking to live the dream while earning passive income.These four beautifully built, contemporary units offer the ultimate blend of luxury, convenience, and location. Just two blocks from the iconic Ocean Beach, tenants will love being steps away from the sand, surf, dining, nightlife, and the OB Pier. PROPERTY HIGHLIGHTS:4 Newly Constructed Units – Built to modern standards with quality finishesProjected Gross Rental Income: $186,000/yearIn-Unit Washer & Dryer in all unitsCentral A/C and Heating Stainless Steel AppliancesDesignated Off-Street Parking for each unit – a premium in this beachside community!High-demand rental area with consistent occupancyExcellent long-term and short-term rental potential UNIT BREAKDOWN:Unit 1: 3 Bed / 2 Bath – Approx. 956 sq ft Unit 2: 3 Bed / 2 Bath – Approx. 956 sq ft Unit 3: 2 Bed / 1 Bath – Approx. 550 sq ft Unit 4: 1 Bed / 1 Bath – Approx. 450 sq ft This property offers tremendous versatility — ideal for a 1031 exchange, multi-generational living, or house hacking (live in one, rent out the others). With low-maintenance design and top-tier rental appeal, this is a rare investment opportunity just moments from the beach.Don’t miss your chance to own a high-performing, modern coastal asset in the heart of Ocean Beach!
Open House
Property Details and Features
-
Bathrooms
- 6 full bathrooms
- 6 total bathrooms
-
Bedrooms
- 9 bedrooms
- 9 total bedrooms
-
Second Bedroom
- 0x0 square feet
-
Third Bedroom
- 0x0 square feet
-
Fourth Bedroom
- 0x0 square feet
-
Fifth Bedroom
- 0x0 square feet
-
Building
- 3,000 estimated square feet
- Source: Builders Brochure
- Built in 2024
- 4 units in complex
- 1 story
-
Cooling
- Central Forced Air
-
Dining Room
- 0x0 square feet
-
Exterior Features
- Stucco
-
Fence
- Full
-
Family Room
- 0x0 square feet
-
Heating
- Forced Air Unit
- Natural Gas
-
Kitchen
- Kitchen is 0x0 feet
-
Laundry
- Closet Stacked
- Gas
-
Listing
- Source: SDMLS
- For Sale
- 21 days on market
- Listed on 2025-04-11
-
Location
- Community: Ocean Beach
- County: San Diego
-
Lot
- 4,000-7,499 SF
-
Living Room
- 0x0 square feet
-
Primary Bedroom
- 0x0 square feet
-
Garage
- None Known
-
Parking
- 5 non-garage parking spaces
- 5 total parking spaces
- Non-Garage Parking: Assigned
-
Property
- Exclusive use yard
-
Roof
- Composition
-
Sewer
- Sewer Connected
