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Investment Highlights

  • Oceanfront Duplex Available For Sale in North Pacific Beach
  • One 2Bed/1Bath and 1Bed/1Bath
  • Rare Land Assemblage Opportunity
  • Potential to Convert Garage into ADU
  • Located within La Jolla School Disctrict
  • 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 4933-35 Ocean Blvd San Diego, CA 92109. Built in 1949, the property consists of two residential units with ±1,594 square feet of total living space situated on a ±4,695 square foot lot. Please note that the SF does not include the attached 400 SF garage that could potentially be converted into an ADU. This exclusive property offers a rare opportunity to own income-producing real estate in a premier oceanfront corridor. We also have the neighbor located at 4927-29 Ocean Blvd, 721-23 Law Street, and 4980-82 La Jolla Blvd listed exclusively for sale with the
same seller. All 4 properties are located within the La Jolla School District.
Located in Pacific Beach, one of San Diego’s most desirable coastal neighborhoods, the property sits overlooking the famous Law Street Beach, notorious for surfing,
watching sunsets and morning yoga. This exclusive location is a short walk to restaurants, cafés, nightlife, and the beach boardwalk, making it highly attractive to renters and vacation visitors. With strong demand for coastal housing and limited supply near the shoreline, Pacific Beach continues to be one of San Diego’s most active rental and investment markets.

Property Facts

Sale Type Investment
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.11 AC
Building Size 1,594 SF
No. Stories 1
Year Built 1950
Parking Ratio 2.51/1,000 SF
Zoning RM-1-1

Amenities

Unit Amenities

  • Refrigerator
  • Patio
  • Porch

Site Amenities

  • Waterfront
  • Walking/Biking Trails
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 - 853
1+1 1 - 741
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 39892578

  • Date on Market: 3/24/2026

  • Last Updated:

  • Address: 4933 Ocean Blvd, San Diego, CA 92109

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