4829 - 4831.5 Saratoga Ave, San Diego, CA 92107 - MLS#250025484

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$2,800,000

Est. payment - /mo

4 Beds

4 Baths

450 SqFt

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 450 sqft

Price per Sqft $6,222

Subdivision Ocean Beach

MLS Listing ID 250025484

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1953

Lot Size 6,521 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Huge Investment Opportunity in Iconic Ocean Beach! Welcome to 4829-4829 1/2 & 4831-4831 1/2 Saratoga Avenue – a rare chance to own a four-unit property in the heart of one of San Diego's most sought-after coastal communities. This unique asset features four detached 1-bedroom, 1-bath units, all situated on a level lot just blocks from the beach. Whether you're an investor or owner-occupant, this is an incredible opportunity to live in one unit and rent out the others, offsetting your mortgage with multiple income-producing rentals. The current rental rates are under market, offering immediate value-add potential. Why Ocean Beach? Ocean Beach (OB) is a vibrant, laid-back beach town known for its eclectic charm, weekly farmers market, surf-friendly waves, independent shops, and strong sense of community. It's a high-demand rental market due to its coastal location, bohemian vibe, walkability, and proximity to San Diego's best attractions. Residents love the casual lifestyle, ocean views, and easy access to Downtown San Diego, Coronado Island, Balboa Park, North & South Park, the San Diego Navy Base, airport, and bay – all within a 10-minute drive. OB's unique mix of beach culture, historic charm, and investment upside makes this a property you don't want to miss. Don't miss this chance to own a slice of OB paradise – with income potential to match.

Location

State CA

County San Diego

Community Ocean Beach

Area Ocean Beach (92107)

Building/Complex Name Saratoga Ave Fourplex

Zoning R-4:MULTIP

Interior

Heating Natural Gas

Appliance Wall/Gravity

Exterior

Exterior Feature Stucco

Fence Full

Roof Type Composition

Building

Lot Description Alley Access, Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Water Available, Meter on Property

Level or Stories 1 Story

Schools

Elementary Schools San Diego Unified School District

Middle Schools San Diego Unified School District

High Schools San Diego Unified School District

Others

Acceptable Financing Cash, Conventional, FHA, VA

Space Rent $2,350

Listing Terms Cash, Conventional, FHA, VA

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Listed by Nicole H Mayo • Three Guys Properties, Inc.

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

4829 - 4831.5 Saratoga Ave San Diego, CA 92107

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Schools

Others

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