Ocean Beach Real Estate Search

Ocean Beach Multi-Family Properties for Sale

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Newest Ocean Beach Multi-Family Homes for Sale

$1,898,000
3 Beds 3 Baths ND26196655 MLS ACTIVE Status
FIRST TIME ON THE MARKET SINCE 1986 | DEL MONTE COTTAGES | OCEAN BEACH | WALK TO SUNSET CLIFFS | 6,290 SF LOT | Three one-bedroom cottages on quiet Del Monte Ave, South OB. Walking distance to Sunset Cliffs Natural Park and Little Lion, with Newport Avenues arts, nightlife, and beach scene just the other way. One of the last stretches of coastal San Diego where original cottages still sit intact on a large multifamily-zoned lot with alley access, offering incredible development potential within OB's coastal height limits. Boasting an 89 Walk Score, its a walkers paradise from the OB Pier to the tide pools and Dog Beach. Bike to Target, OB Peoples Food Co-op, and the Wednesday Farmers Market. OBs flat street grid connects the boardwalk to Newport Avenues antique shops, murals, and eclectic eateries, plus a lively brewery scene (Sunshine Company Saloon, Kilowatt Brewing, Mike Hess Brewing, Pizza Port) within walking distance. Built in 1937 and held by one family for four decades, the single-story cottages sit front to back, each with its own entrance, private yard, in-unit laundry, and on-site parking. A two-car garage between the front and middle cottages brings total structural square footage to 2,126 SF. At $302/land SF, this property sits roughly 31% below the comparable median, offering a prime value-add opportunity to renovate or maximize cash flow by adding units under the City's favorable multi-family ADU regulations. See Affordability Toolkit | City of San Diego website. FIRST TIME ON THE MARKET SINCE 1986 | DEL MONTE COTTAGES | OCEAN BEACH | WALK TO SUNSET CLIFFS | 6,290 SF LOT | Three one-bedroom cottages on quiet Del Monte Ave, South OB. Walking distance to Sunset Cliffs Natural Park and Little Lion, with Newport Avenues arts, nightlife, and beach scene just the other way. One of the last stretches of coastal San Diego where original cottages still sit intact on a large multifamily-zoned lot with alley access, offering incredible development potential within OB's coastal height limits. Boasting an 89 Walk Score, its a walkers paradise from the OB Pier to the tide pools and Dog Beach. Bike to Target, OB Peoples Food Co-op, and the Wednesday Farmers Market. OBs flat street grid connects the boardwalk to Newport Avenues antique shops, murals, and eclectic eateries, plus a lively brewery scene (Sunshine Company Saloon, Kilowatt Brewing, Mike Hess Brewing, Pizza Port) within walking distance. Built in 1937 and held by one family for four decades, the single-story cottages sit front to back, each with its own entrance, private yard, in-unit laundry, and on-site parking. A two-car garage between the front and middle cottages brings total structural square footage to 2,126 SF. At $302/land SF, this property sits roughly 31% below the comparable median, offering a prime value-add opportunity to renovate or maximize cash flow by adding units under the City's favorable multi-family ADU regulations. See Affordability Toolkit | City of San Diego website.

4918-4920 Del Monte Ave, Ocean Beach (OB)

$1,499,000
3 Beds 2 Baths 260022053 MLS ACTIVE Status
Just one-half block from the beach and directly across from Ocean Beach Dog Beach, 5157-59 Muir Avenue presents a rare opportunity to own a versatile coastal duplex in one of San Diego’s most iconic neighborhoods. Whether you're seeking a strong rental asset, an owner-occupied property with income from the second unit, or a future development opportunity, this property offers multiple paths to maximize its value. Positioned on an RM-2-4 zoned lot, the property offers the potential to build up and capture sweeping Pacific Ocean views, creating the opportunity for an exceptional ocean-view coastal retreat. The existing two-unit configuration provides immediate flexibility and long-term upside for the savvy buyer. The front 1 bedroom, 1 bath cottage is currently operating as a sought-after vacation rental and features a modern kitchen, quartz countertops, stainless appliances, mini-split AC, built-in bedroom storage, and approximately 375 SF of additional front patio space for entertaining, dining al fresco, or an outdoor garden. The rear 2 bedroom, 1 bath residence features an updated kitchen, spacious backyard, and a private view deck with approximately 250 SF outdoor entertaining space and beautiful ocean views. Adding even more value are 2 dedicated parking spaces directly in front of the property, and laundry, a rare convenience in Ocean Beach. From the sand and surf to Newport Avenue’s eclectic shops, restaurants and bars, Voltaire Street, and the beloved Ocean Beach farmers market, the location puts the best of the neighborhood right outside your door.

5157-59 Muir Ave, Ocean Beach (OB)

$2,495,000
5 Beds 4 Baths PTP2606659 MLS ACTIVE Status
Property is a 2 unit with a 3rd that is non non-forming . Perched to capture sweeping northwest ocean views over Pacific Beach and Mission Bay, this extensively reimagined home blends designer style with everyday function in one of San Diego's most coveted coastal neighborhoods. Taken down to the studs and rebuilt with all-new systems, it offers the rare combination of turnkey finishes, flexible living space, and a setting that's hard to replicate. The main living level lives like a single-story retreat bright, open, and made for entertaining. A reimagined floor plan creates a seamless great room anchored by a chef's kitchen: a 48" Forno eight-burner dual range, Fisher & Paykel 36" panel-ready refrigerator, farmhouse sink, custom white oak cabinetry, and quartz countertops. Wide-plank luxury vinyl flooring, designer lighting and pendants, and crisp Santa Barbara-style stucco set a clean, modern-coastal tone. Step through the bifold door to a brand-new view deck with a fire pit ready gas line, and LED accent lighting the perfect perch for sunsets, ocean breezes, and front-row seats to the SeaWorld drone and firework shows. The primary suite features an expanded walk-in closet, and every bath is finished with new vanities, tile, and fixtures. A downstairs junior ADU with its own kitchen and full bath offers excellent flexibility for guests, extended family, or a private home office. Additional Workshop not included in the Square footage. Behind the walls, the home has been comprehensively updated with a new electrical system and panel, new plumbing and sewer line, mini-spli Property is a 2 unit with a 3rd that is non non-forming . Perched to capture sweeping northwest ocean views over Pacific Beach and Mission Bay, this extensively reimagined home blends designer style with everyday function in one of San Diego's most coveted coastal neighborhoods. Taken down to the studs and rebuilt with all-new systems, it offers the rare combination of turnkey finishes, flexible living space, and a setting that's hard to replicate. The main living level lives like a single-story retreat bright, open, and made for entertaining. A reimagined floor plan creates a seamless great room anchored by a chef's kitchen: a 48" Forno eight-burner dual range, Fisher & Paykel 36" panel-ready refrigerator, farmhouse sink, custom white oak cabinetry, and quartz countertops. Wide-plank luxury vinyl flooring, designer lighting and pendants, and crisp Santa Barbara-style stucco set a clean, modern-coastal tone. Step through the bifold door to a brand-new view deck with a fire pit ready gas line, and LED accent lighting the perfect perch for sunsets, ocean breezes, and front-row seats to the SeaWorld drone and firework shows. The primary suite features an expanded walk-in closet, and every bath is finished with new vanities, tile, and fixtures. A downstairs junior ADU with its own kitchen and full bath offers excellent flexibility for guests, extended family, or a private home office. Additional Workshop not included in the Square footage. Behind the walls, the home has been comprehensively updated with a new electrical system and panel, new plumbing and sewer line, mini-split A/C, dual tankless water heaters, new windows, fencing, and hardscape. Rare four-car carport parking completes this one-of-a-kind coastal offering.

4474 Cape May Ave, Ocean Beach (OB)

$3,000,000
4 Beds 3 Baths 260021100 MLS ACTIVE Status No BLDG.
Architecturally distinctive and thoughtfully designed by architect Bruce Peeling, this exceptional Mid-Century Modern compound offers a rare blend of timeless design, exceptional craftsmanship, and effortless coastal living. Ideally situated just three blocks from the beach and one block from the shops, restaurants, cafés and neighborhood favorites along Newport Avenue. The property includes a beautifully designed single-level main residence with two bedrooms and a dedicated office (or optional third bedroom), and a detached two-bedroom second residence with its own address, designed as a true home, ideal for a family, guests, extended family, or rental income. The main residence has a two-car garage; the second residence has a private garage with alley access. Designed to embrace Southern California's indoor-outdoor lifestyle, the main residence unfolds around a private courtyard where expansive sliding glass doors connect indoor and outdoor living. Tongue-and-groove cedar ceilings and exposed beams, custom yellow cedar walls, oak flooring, Santa Barbara smooth stucco, and oversized windows fill the home with warmth, natural light, and architectural character. The open-concept kitchen features Neolith countertops and island, a Wolf range, Bosch dishwasher and has direct access to the courtyard for effortless entertaining. Radiant heated floors, automatic blinds, custom built-ins, and abundant storage further enhance the home's design. The primary suite features corner windows creating a peaceful retreat. See supplement. Throughout the home, Heath Ceramics tile and carefully selected materials reflect a timeless architectural aesthetic. The courtyard serves as the heart of the property, complete with a tranquil koi pond, outdoor fireplace, outdoor shower, outdoor sink, mature palms, decomposed granite, and beautifully landscaped gathering spaces designed to enjoy Ocean Beach's year-round climate. Adding exceptional flexibility, the detached two-bedroom second residence at 4769 Newport Avenue has its own address, separate utility meters, and offers an open-concept floor plan, abundant natural light, generous kitchen, private laundry, ample storage, automatic blinds, and peek Ocean Beach views. Whether utilized for a family, multigenerational living, guests, or income potential, it provides remarkable versatility. Completed in 2020, the main residence was comprehensively rebuilt with new electrical, plumbing, heating, foundation, windows, and roof. The detached second residence and garage were also structurally updated with new major systems, offering the peace of mind of modern construction while preserving the property's exceptional architectural integrity. A truly one-of-a-kind coastal compound, this property offers inspired architecture, exceptional craftsmanship, and an unbeatable walkable location just moments from the beach, Ocean Beach Pier, and everything Newport Avenue has to offer. Perfect 1031 exchange property!

4771-69 Newport Ave, Ocean Beach (OB)

$1,400,000
3 Beds 2 Baths OC26183188 MLS ACTIVE Status
Prime Ocean Beach duplex opportunity at 5161 W Point Loma Blvd! This well-located property is completely vacant, offering a rare chance for a new owner to curate the perfect investment. Choose to lease both units at full market rents, live in one and rent the other, or create your ideal configuration. The 1 bedroom / 1 bathroom unit features a private backyard, while the 2 bedroom / 1 bathroom unit provides flexible living space. Enjoy the convenience of 2 parking spaces. Ideally situated in the heart of Ocean Beach, just moments from the sand, Dog Beach, Robb Field, local shops, restaurants, and the iconic OB lifestyle. A unique opportunity to own and shape a property in one of San Diegos most sought-after coastal communities! Prime Ocean Beach duplex opportunity at 5161 W Point Loma Blvd! This well-located property is completely vacant, offering a rare chance for a new owner to curate the perfect investment. Choose to lease both units at full market rents, live in one and rent the other, or create your ideal configuration. The 1 bedroom / 1 bathroom unit features a private backyard, while the 2 bedroom / 1 bathroom unit provides flexible living space. Enjoy the convenience of 2 parking spaces. Ideally situated in the heart of Ocean Beach, just moments from the sand, Dog Beach, Robb Field, local shops, restaurants, and the iconic OB lifestyle. A unique opportunity to own and shape a property in one of San Diegos most sought-after coastal communities!

5161 W Point Loma Blvd, Ocean Beach (OB)

$1,750,000
5 Beds 5 Baths 260020066 MLS ACTIVE Status
Located just 1.5 blocks from the beach in Ocean Beach, within walking distance to restaurants and shops, 5050-54 Brighton Avenue, San Diego, CA 92107 (“Property”) is a five (5) unit multifamily investment property that is comprised of all one-bedroom/one-bathroom units, and has three (3) tandem off-street parking spaces. OB Surf/beach cottage vibes! The units are spread across three separate buildings, including essentially mirror-image two-story duplexes in front, with one unit above the other, each with a private front and rear patios/balconies, and one single-story detached cottage unit that has been renovated inside. Built of wood-frame construction on concrete on grade foundations upon a ±3,837 SF lot, all buildings have pitched composition shingle roofs and wood siding. Units are separately metered for gas and electricity, and the property is on city trash. With very little landscaping at the property, related landscape maintenance, among other operational costs, are minimal. This rare beach-proximate 5-unit property has great flexibility in terms of ways to maximize value, such as a possible increase to rentable building area and/or density via added ADU construction, possibly with a 30 foot high Ocean View ADU over central courtyard and rear parking area. 5050-54 Brighton Avenue boasts close proximity to: the beach(es); Robb Athletic Fields; OB Noodle House; the OB Pier; and best area retail along Newport Avenue, making this a prime property for partial or full short term (vacation) rental operations, for anyone wanting to accelerate revenue growth.

5050-54 Brighton, Ocean Beach (OB)

$3,950,000
260009669 MLS ACTIVE Status
Introducing Voltaire Villas, a standout mixed-use investment opportunity in San Diego’s highly sought-after Ocean Beach neighborhood. The property consists of eight total units, including two commercial suites and six residential units, offering a rare blend of diversified income, operational efficiency, and long-term upside in a premier coastal infill location. The residential unit mix is both functional and demand-driven, featuring four 1-bedroom/1-bath units and two studios, including two newly constructed units (one 1-bedroom/1-bath and one studio), all of which have been fully renovated and equipped with in-unit washer/dryer and air conditioning (select units) —an increasingly essential amenity for today’s renters. Completed in 2025, the extensive renovation program delivers a truly turnkey asset with significant capital improvements already in place. Both the interior and exterior have been fully modernized, including upgraded systems, new finishes, enhanced curb appeal with fresh paint, lighting, and signage, and minimal ongoing maintenance requirements—further supported by little to no landscape upkeep. The residential interiors feature bright, contemporary designs with wide-plank flooring, recessed lighting, modern kitchens with shaker cabinetry, quartz-style countertops, stainless steel appliances, and updated bathrooms, positioning the property to achieve and sustain premium rents.

4843-4845 Voltaire St, Ocean Beach (OB)

$3,699,000
6 Beds 6 Baths PTP2602227 MLS ACTIVE Status
Step into an extraordinary coastal investment opportunity just steps from the sand in the heart of iconic Ocean Beach. This rare two-on-one property offers the ultimate beachside compound lifestyle, combining versatility, scale, and breathtaking whitewater ocean and bay views. Set on an expansive 6,165 sq ft lot with an additional approximate 3,000 sq ft easement, this exceptional property delivers both space and potentialan increasingly rare find this close to the shoreline. The front residence is a beautifully preserved Craftsman-style home featuring 3 bedrooms and 2 bathrooms, rich wood flooring, elegant quartzite countertops, and a spacious finished attic ideal for a bonus room, office, or creative retreat. The fully gated front yard creates a private oasis with lush turf, a welcoming covered porch, and curated outdoor lounge areas perfect for relaxed coastal living. 2 parking spaces. Privately positioned at the rear, the detached townhome offers 3 bedrooms and 3.5 bathrooms, elevated above an impressive parking configuration including a 3-car garage, additional 1-car garage, and covered carport plus parking for 4 other cars. From this vantage point, enjoy sweeping water viewsboats gliding through the Mission Bay Channel, rolling waves, and unforgettable sunset skies. Additional highlights include owned solar, a powered vehicle gate, outdoor shower for post-beach living, and ample off-street parkingan absolute luxury in this coveted neighborhood. Whether youre seeking a legacy property, multi-generational retreat, or high-performing coastal investment, this is a truly r Step into an extraordinary coastal investment opportunity just steps from the sand in the heart of iconic Ocean Beach. This rare two-on-one property offers the ultimate beachside compound lifestyle, combining versatility, scale, and breathtaking whitewater ocean and bay views. Set on an expansive 6,165 sq ft lot with an additional approximate 3,000 sq ft easement, this exceptional property delivers both space and potentialan increasingly rare find this close to the shoreline. The front residence is a beautifully preserved Craftsman-style home featuring 3 bedrooms and 2 bathrooms, rich wood flooring, elegant quartzite countertops, and a spacious finished attic ideal for a bonus room, office, or creative retreat. The fully gated front yard creates a private oasis with lush turf, a welcoming covered porch, and curated outdoor lounge areas perfect for relaxed coastal living. 2 parking spaces. Privately positioned at the rear, the detached townhome offers 3 bedrooms and 3.5 bathrooms, elevated above an impressive parking configuration including a 3-car garage, additional 1-car garage, and covered carport plus parking for 4 other cars. From this vantage point, enjoy sweeping water viewsboats gliding through the Mission Bay Channel, rolling waves, and unforgettable sunset skies. Additional highlights include owned solar, a powered vehicle gate, outdoor shower for post-beach living, and ample off-street parkingan absolute luxury in this coveted neighborhood. Whether youre seeking a legacy property, multi-generational retreat, or high-performing coastal investment, this is a truly rare offering just moments from Ocean Beachs vibrant shops, dining, and laid-back charm.The

5153-55 Muir Ave, Ocean Beach (OB)

$1,499,999
4 Beds 3 Baths OC25186315 MLS ACTIVE Status
Existing duplex or development opportunity in the heart of Point Loma Heights! Can be sold together with the next door listing at 4375-4377 Temecula St. which is also an existing duplex with two detached units. Combined, these two multi-family properties at Temecula St offer an exceptional investment opportunity with 14,380 SF of lot area, with 115' of street and alley frontage and 125' lot depth. Currently, each lot features two single-family homes, for a total of four units. Each unit has undergone recent upgrades and placed with quality tenants. The unit mix is (4365) 2BR/2BA unit (approx. 900 sf) and (4363) 2BR/1BA unit (approx. 963 sf) above a 3-car garage. The neighboring listing's unit mix is (4377) 2BR/1BA unit (approx. 1,200 sf) and (4375) 2BR/1BA unit (approx. 785 sf) above a 3-car garage. Nestled in a quiet, desirable neighborhood, just minutes from Ocean Beach, Mission Bay, and Pacific Beach, with easy access to top restaurants, shopping, and the stunning San Diego coastline. Potential development, to be confirmed with the City, includes the development of up to 12 homes plus ADUs or up to 30 micro units, when combined with the next door listing at 4375-4377 Temecula. Existing duplex or development opportunity in the heart of Point Loma Heights! Can be sold together with the next door listing at 4375-4377 Temecula St. which is also an existing duplex with two detached units. Combined, these two multi-family properties at Temecula St offer an exceptional investment opportunity with 14,380 SF of lot area, with 115' of street and alley frontage and 125' lot depth. Currently, each lot features two single-family homes, for a total of four units. Each unit has undergone recent upgrades and placed with quality tenants. The unit mix is (4365) 2BR/2BA unit (approx. 900 sf) and (4363) 2BR/1BA unit (approx. 963 sf) above a 3-car garage. The neighboring listing's unit mix is (4377) 2BR/1BA unit (approx. 1,200 sf) and (4375) 2BR/1BA unit (approx. 785 sf) above a 3-car garage. Nestled in a quiet, desirable neighborhood, just minutes from Ocean Beach, Mission Bay, and Pacific Beach, with easy access to top restaurants, shopping, and the stunning San Diego coastline. Potential development, to be confirmed with the City, includes the development of up to 12 homes plus ADUs or up to 30 micro units, when combined with the next door listing at 4375-4377 Temecula.

4363 Temecula St, Ocean Beach (OB)

$1,599,999
4 Beds 2 Baths OC25186368 MLS ACTIVE Status
Existing duplex or development opportunity in the heart of Point Loma Heights! Can be sold together with the next door listing at 4363-4365 Temecula St. which is also an existing duplex with two detached units. Combined, these two multi-family properties at Temecula St offer an exceptional investment opportunity with 14,380 SF of lot area, with 115' of street and alley frontage and 125' lot depth. Currently, each lot features two single-family homes, for a total of four units. Each unit has undergone recent upgrades and placed with quality tenants. The unit mix is (4377) 2BR/2BA unit (approx. 1,200 sf) and (4375) 2BR/2BA unit (approx. 785 sf) above a 3-car garage. The neighboring listings unit mix is (4365) 2BR/2BA unit (approx. 900 sf) and (4363) 2BR/1BA unit (approx. 963 sf) above a 3-car garage. Nestled in a quiet, desirable neighborhood, just minutes from Ocean Beach, Mission Bay, and Pacific Beach, with easy access to top restaurants, shopping, and the stunning San Diego coastline. Potential development, to be confirmed with the City, includes the development of up to 12 homes plus ADUs or up to 30 micro units, when combined with the next door listing at 4363-4365 Temecula. Existing duplex or development opportunity in the heart of Point Loma Heights! Can be sold together with the next door listing at 4363-4365 Temecula St. which is also an existing duplex with two detached units. Combined, these two multi-family properties at Temecula St offer an exceptional investment opportunity with 14,380 SF of lot area, with 115' of street and alley frontage and 125' lot depth. Currently, each lot features two single-family homes, for a total of four units. Each unit has undergone recent upgrades and placed with quality tenants. The unit mix is (4377) 2BR/2BA unit (approx. 1,200 sf) and (4375) 2BR/2BA unit (approx. 785 sf) above a 3-car garage. The neighboring listings unit mix is (4365) 2BR/2BA unit (approx. 900 sf) and (4363) 2BR/1BA unit (approx. 963 sf) above a 3-car garage. Nestled in a quiet, desirable neighborhood, just minutes from Ocean Beach, Mission Bay, and Pacific Beach, with easy access to top restaurants, shopping, and the stunning San Diego coastline. Potential development, to be confirmed with the City, includes the development of up to 12 homes plus ADUs or up to 30 micro units, when combined with the next door listing at 4363-4365 Temecula.

4375 Temecula St, Ocean Beach (OB)

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