Property Details

  • Sale Price: $2,895,000
  • Year Built: 1955
  • Property Type: Residential
  • Building Size: 7,000ft
  • Lot Size: 7,000 SF

8-Unit Ocean Beach Asset Just Steps from the Sand with Off-Street Parking

South Coast Commercial is pleased to present 4961-67 Coronado Avenue, an 8-unit multifamily investment located in the heart of Ocean Beach, one of San Diego’s most vibrant coastal neighborhoods. The property offers a highly coveted coastal location just 1.5 blocks from the beach and features nine (9) off-street parking spaces – a rare commodity in this submarket.

Comprised of eight (8) one-bedroom/one-bathroom units totaling approximately 3,280 SF of rentable building area, the property has undergone numerous recent upgrades, including electrical and roof improvements, dual-pane vinyl windows, and select unit renovations. Current in-place rents are strong, with further upside potential through additional upgrades or a strategic shift to short-term rental operations.

This turnkey property is an ideal opportunity for investors seeking long-term appreciation and reliable coastal income in one of San Diego’s highest-demand rental corridors.