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4927-29 Ocean Blvd - North PB Oceanfront Duplex For Sale 2 Unit Apartment Building Offered For Sale San Diego, CA 92109
Investment Highlights
- Prime Oceanfront Duplex For Sale! Two 1bed/1bath Units
- Building Size 1,494 SF (Not Including Garage) /// Lot Size 4,644 SF
- Located in North Pacific Beach within La Jolla School District
- We Also Have the Neighbor Duplex Listed Exclusively For Sale, Combined Lot Size of 9,333 SF of Oceanfront Land
- Detached 440 SF Garage Could Potentially Be Converted into an ADU
- First Time on the Market in Decades
Executive Summary
The Franco Realty Group is proud to exclusively present a 2-unit multifamily complex for sale located at 4927-29 Ocean Blvd San Diego, CA 92109. This is the first time the property has been on the market in decades. There are two residential units totaling ±1,494 square feet, situated on a ±4,644 square foot lot, each unit consists of one bed and one bath. Please note that this does not include the 440 SF detached garage that could potentially be converted into an ADU. This provides a rare opportunity to own multifamily real estate just steps from the Pacific Ocean. The asset benefits from strong and consistent rental demand due to its premier oceanfront location and the limited availability of oceanfront properties in the market. We also have the neighbor located at 4933-35 Ocean Blvd exclusively for sale with the same seller. You can combine the two parcels for a total of 9,333 SF of fee simple, oceanfront land.
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 2 | Year Built | 1949 |
| Property Type | Multifamily | Parking Ratio | 2.68/1,000 SF |
| Building Size | 1,494 SF | Cross Streets | Crystal Dr |
| Zoning | RM-1-1 | ||
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 1,494 SF |
| No. Stories | 1 |
| Year Built | 1949 |
| Parking Ratio | 2.68/1,000 SF |
| Cross Streets | Crystal Dr |
| Zoning | RM-1-1 |
Amenities
Site Amenities
- Waterfront
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 705 - 788 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
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4927-29 Ocean Blvd - North PB Oceanfront Duplex For Sale
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