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Arash Rokni

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

$1,898,000

Est. payment - /mo

3 Beds

3 Baths

6,290 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID ND26196655

Bedrooms 3

Lot Size 6,290 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

FIRST TIME ON THE MARKET SINCE 1986 | DEL MONTE COTTAGES | OCEAN BEACH | WALK TO SUNSET CLIFFS | 6,290 SF LOT | Three one-bedroom cottages on quiet Del Monte Ave, South OB. Walking distance to Sunset Cliffs Natural Park and Little Lion, with Newport Avenues arts, nightlife, and beach scene just the other way. One of the last stretches of coastal San Diego where original cottages still sit intact on a large multifamily-zoned lot with alley access, offering incredible development potential within OB's coastal height limits. Boasting an 89 Walk Score, its a walkers paradise from the OB Pier to the tide pools and Dog Beach. Bike to Target, OB Peoples Food Co-op, and the Wednesday Farmers Market. OBs flat street grid connects the boardwalk to Newport Avenues antique shops, murals, and eclectic eateries, plus a lively brewery scene (Sunshine Company Saloon, Kilowatt Brewing, Mike Hess Brewing, Pizza Port) within walking distance. Built in 1937 and held by one family for four decades, the single-story cottages sit front to back, each with its own entrance, private yard, in-unit laundry, and on-site parking. A two-car garage between the front and middle cottages brings total structural square footage to 2,126 SF. At $302/land SF, this property sits roughly 31% below the comparable median, offering a prime value-add opportunity to renovate or maximize cash flow by adding units under the City's favorable multi-family ADU regulations. See Affordability Toolkit | City of San Diego website.

Location

State CA

County San Diego

Zoning Public Rec

Direction Between Bacon St and Cable St on Del Monte - 4918 front cottage of three (4920 + 4920 1/2)

Interior

Fireplace No

Exterior

Fence Partial

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 4481721000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Kathleen Fitzgerald, DRE#00930125 Wholly Creation Inc

Nearby School & Business

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Arash Rokni

REALTOR® CADRE#02005305

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

San Diego Communities

4918-4920 Del Monte Avenue San Diego, CA 92107

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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