4829 - 4831.5 Saratoga Ave Active Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92107
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