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Sold$2,800,000on Nov 19, 2025
4961 Coronado, San Diego, CA 92107
South Coast Commercial, Inc.
8Beds
8Baths
3,280Sq Ft
9Parking
63Days Listed
About This Property
8 UNITS OCEAN BEACH Rare Ocean Beach Investment Opportunity - Steps from the Cliffs An extraordinary investment opportunity in one of San Diego’s most coveted coastal neighborhoods. This exceptional South Ocean Beach property sits mere steps from the cliffs, offering investors an unparalleled combination of prime location, recent upgrades, and exceptional value. Property Highlights - Single Level Property ( No SB721 Requirement) - Parking, Parking, Parking !!! - Updated Electrical, (lower insurance premiums) - Incredibly low Cost to Operate Recent Capital Improvements - New Roof - Upgraded Electrical - Newer Windows Exceptional Land Value - 7,000 square-foot lot - End Cap Alley Access-rare find in coastal San Diego - Lot orientation allows for end cap access (ideal for tuck under parking) - More than one parking space per unit - a premium amenity in Ocean Beach - Significant development potential and long-term appreciation opportunity Unbeatable Cashflow Fundamentals: $361,875.00 per door 5+CAP with one rent increase - Turnkey units ready for immediate rental income - High-demand coastal location ensures strong rental market - Minimal capital expenditure required due to recent improvements
Virtual Tour
Property Location
Map
Property Details
- Property Type
- Com-Res Income
- Bedrooms
- 8
- Bathrooms
- 8
- Building Area
- 3,280 Sqft
- Living Area
- 3,280 sqft
- Year Built
- 0
- Stories
- 1.0
- Status
- Sold
- Days on Market
- 63
- Cumulative Days on Market
- 63
- Original Price
- $2,895,000
Location & Neighborhood
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San Diego Market Snapshot
2,714
Active Listings
$849K
Median Price
34
Avg Days on Market
Last updated: Jan 14, 2026
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Kevin Hemstreet, South Coast Commercial, Inc. · 619-309-9296
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$2,895,000