Located in one of San Diego’s most supply-constrained coastal markets, this 3-unit asset presents a rare opportunity to unlock value in the heart of Point Loma and Ocean Beach. The property includes two upgraded 2BD/1BA units and one unrenovated 1BD/1BA unit—providing immediate upside through renovation and market-rate leasing. Zoned… Read More RM-2-5 and featuring an attached garage, there’s potential for ADU development or expanded living space, enhancing long-term yield. With current rents below market, investors can capitalize on repositioning through targeted improvements and optimized operations. Just blocks from the beach, this location benefits from strong tenant demand, walkable access to top-rated restaurants, retail, and schools, and proximity to Liberty Station, Point Loma, San Diego International airport, and downtown. Whether you’re looking to live in one unit and rent the others or fully lease the property for consistent income, this is a high-performing coastal hold with strategic growth potential in a tight rental corridor. Read Less
Listing Snapshot
Days Online
89
Last Updated
Property Type
Other
Lot Size
0.09 Acres
Year Built
1986
MLS Number
250029471SD
30 Days Snapshot Of 92107
$1.65M
-2%
(avg) sold price
11
-26%
homes sold
74
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1986, Levels: Two, 2 stories, 2 buildings
Cooling
WallWindowUnits
Heating
Electric, ForcedAir
Income
Net operating income: $74,711
Lot
0.0895 acres, 3,898 square feet, Size: 3,898
Pool
None
Property
Zoning: RM2-5
Roof
Composition
Spa
None
Tenant Pays
Electricity, Gas, Water
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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