4829 31 Saratoga Ave
San Diego, CA 92107
Listing provided courtesy of: Three Guys Properties, Inc.
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.
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Features:
Electric Water Heater Composition
| Price: | $2,800,000 |
| Interior (SQFT): | 6,521 |
| Lot Size (SQFT): | 6,521 |
| Property Type: | Residential Income |
| Year Built: | 1953 |
| Subdivision: | Ocean Beach |
Listing provided courtesy of: Three Guys Properties, Inc.. 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. Based on information from California Regional MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. © 2025 by California Regional MLS. All rights reserved. Listing last updated on 04/29/2025 21:14:35
