Ocean Beach Real Estate Search

Ocean Beach Multi-Family Properties for Sale

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Newest Ocean Beach Multi-Family Homes for Sale

$3,300,000
2 Beds 10 Baths 260017182 MLS ACTIVE Status
We are pleased to present 5137-41 Muir Avenue, a 10-unit multifamily property ideally located in the heart of Ocean Beach, one of San Diego’s most desirable and supply-constrained coastal neighborhoods. Originally constructed in 1949, the property offers investors the opportunity to acquire a well-located asset with strong in-place rental demand, desirable smaller-unit floor plans, and long-term appreciation potential driven by Ocean Beach’s irreplaceable coastal location. The property consists of eight (8) studio / one-bath units and two (2) onebedroom / one-bath units, providing an efficient unit mix that appeals to a broad renter demographic seeking attainable coastal housing. Select units have been renovated with updated interiors, while the property offers attractive outdoor amenities including a shared BBQ area, outdoor fireplace, landscaped common areas, and ample off-street parking. Positioned just a short walk from Ocean Beach, Newport Avenue’s vibrant collection of restaurants, cafés, breweries, and nighborhood retail, the property offers an exceptional walkable coastal lifestyle. The asset benefits from an estimated Walk Score® of approximately 87 (“Very Walkable”), allowing residents to complete most daily errands without a vehicle while enjoying immediate access to beaches, parks, and public transit. Ocean Beach continues to experience exceptionally strong rental demand due to limited new development, restrictive coastal zoning, and its unique blend of neighborhood character and beachfront amenities. These market fundamentals position 5137-41 Muir Avenue as a The asset benefits from an estimated Walk Score® of approximately 87 (“Very Walkable”), allowing residents to complete most daily errands without a vehicle while enjoying immediate access to beaches, parks, and public transit. Ocean Beach continues to experience exceptionally strong rental demand due to limited new development, restrictive coastal zoning, and its unique blend of neighborhood character and beachfront amenities. These market fundamentals position 5137-41 Muir Avenue as a compelling coastal investment opportunity offering stable cash flow, long-term value appreciation, and future upside within one of San Diego’s most tightly held rental markets.

5137 Muir Ave, Ocean Beach (OB)

$5,700,000
260011618 MLS ACTIVE Status
Pleased to present a rare opportunity to acquire two adjacent assets in the heart of Point Loma, one of San Diego’s most supply-constrained and desirable coastal submarkets. Located along Udall Street, these properties may be purchased individually or together, offering investors flexibility to target stable income, long-term appreciation, or a blended portfolio strategy. 3790 Udall Street | True NNN Hostel Investment 3790 Udall Street is a ±5,032 SF hostel property situated on 4,825 SF of land, offering true NNN income with minimal landlord responsibility. The property is master-leased through 2032, providing long-term, predictable cash flow. The tenant pays all operating expenses, including taxes, insurance, and maintenance, resulting in rent equal to NOI. 3778–3880 Udall Street | Renovated Duplex with Long-Term Upside 3778–3880 Udall Street is a fully renovated duplex totaling approximately 1,896 SF on 5,114 SF of land, featuring a desirable unit mix of one 3-bedroom/2-bath unit and one 2-bedroom/2-bath unit, both with modern finishes and garage parking. The property is leased through June 2028 at $6,500 per month, with 3% annual rent increases built into the lease structure. This asset offers investors stable tenancy today with embedded rent growth and long-term value upside, particularly given the property’s coastal location, renovation quality, and limited supply of duplex housing in Point Loma.

3778-90 Udall St, Ocean Beach (OB)

$9,500,000
11 Beds 7 Baths 260010607 MLS ACTIVE Status
pleased to present Beachcliff Villas, a truly rare cliff-top, six-unit vacation rental community perched directly above the Pacific Ocean on an expansive 17,259 SF parcel. Offering irreplaceable panoramic ocean views, Beachcliff Villas provides exceptional flexibility—whether continuing operations as a high-performing vacation rental property or pursuing redevelopment opportunities. According to local architectural review, the site may allow approximately 12,000 SF of buildable area, with conceptual renderings prepared for five ultra-luxury three-bedroom townhomes. Additional architectural renderings illustrate what a comprehensive remodel of the existing structure could look like, including potential for reinforcing the footings and adding a third floor of approximately 3,000 SF, further enhancing long-term value. Nestled quietly at the intersection of Ocean Beach and Point Loma, the property sits within one of San Diego’s most coveted coastal enclaves—an area defined by its residential character, scenic bluffs, and proximity to the best of Southern California’s coastal lifestyle. The existing building totals 5,084 SF, consisting of one 2-bedroom/1.5- bath unit (900 SF), four 2-bedroom/1-bath units (870 SF each), and one 1-bedroom/1-bath unit (704 SF). The property includes four single-car garages, six off-street parking spaces, and approximately 950 SF of shared space including a lobby/storage area and conference room. Each unit features hardwood floors, granite countertops, and fully furnished kitchens and living areas—ideal for short- or long-term occupancy.

1352-62 Sunset Cliffs Blvd, 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)

$1,695,000
4 Beds 2 Baths 260007577 MLS ACTIVE Status Ocean Beach Robb Field BLDG.
Own a Piece of Ocean Beach — Iconic Cottage Lifestyle, Turnkey Income, Steps to the Sand 4 BD / 2 BA / 2 Kitchens | 1,368 Sq Ft | R-4 Lot | No HOA · No Mello Roos · No CCR’s. This is Ocean Beach at its most authentic. Sun-bleached sidewalks, salt air, surf culture, and the kind of tight-knit neighborhood energy that San Diego built its legend on. 4825 W. Point Loma Blvd sits right in the middle of it all — a charming coastal duplex that embodies the iconic OB cottage lifestyle while delivering a fully operational, dual-income investment from day one. Both units carry that irresistible beachy-cottage character that draws visitors and long-term renters to Ocean Beach year after year. And both are completely furnished and turnkey — no staging, no shopping, no waiting. Walk in, hand over the keys, and start collecting. Unit Two is home to a steady full-time tenant, providing the kind of reliable monthly income that anchors any investment. Unit One is an actively producing Airbnb, already tapped into the endless wave of guests who flock to OB for Dog Beach, Robb Field, Sunset Cliffs, the Newport Avenue antique strip, and the best fish tacos in San Diego. Each unit has its own private entrance — One off W. Point Loma Blvd, the other off Locust — giving every occupant their own sense of home. This is the rare asset that lets you have it all: a piece of one of California’s most beloved coastal communities, a property with genuine soul and character, and an income engine that runs itself. This is Ocean Beach at its most authentic. Sun-bleached sidewalks, salt air, surf culture, and the kind of tight-knit neighborhood energy that San Diego built its legend on. 4825 W. Point Loma Blvd sits right in the middle of it all — a charming coastal duplex that embodies the iconic OB cottage lifestyle while delivering a fully operational, dual-income investment from day one. Both units carry that irresistible beachy-cottage character that draws visitors and long-term renters to Ocean Beach year after year. And both are completely furnished and turnkey — no staging, no shopping, no waiting. Walk in, hand over the keys, and start collecting. Unit one is home to a steady full-time tenant, providing the kind of reliable monthly income that anchors any investment. Unit two is an actively producing Airbnb, already tapped into the endless wave of guests who flock to OB for Dog Beach, Robb Field, Sunset Cliffs, the Newport Avenue antique strip, and the best fish tacos in San Diego. Each unit has its own private entrance — one off W. Point Loma Blvd, the other off Locust — giving every occupant their own sense of home. This is the rare asset that lets you have it all: a piece of one of California’s most beloved coastal communities, a property with genuine soul and character, and an income engine that runs itself.

4825 W Point Loma, 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)

$6,600,000
8 Beds 4 Baths 250044862 MLS ACTIVE Status Pescadero Drive BLDG.
Rare true oceanfront income property in Sunset Cliffs with sweeping ~280° sit-down ocean views, exceptional privacy, and beautifully renovated, turn-key interiors. Includes four upgraded 2BR residences plus two well-finished bonus studio units, offering excellent flexibility and income potential. Renovations from 2020–2025 include quartz counters, stainless appliances, LVP flooring, updated baths, dual-pane windows, and cohesive coastal-modern finishes. Three residences perform strongly as VRBO short-term rentals, while the remaining units are month-to-month long-term rentals with significant upside. Additional highlights: rare 4-car garage, new garage doors, new staircases, and multiple ocean-facing decks/patios. The renovation included major permitted improvements, expanded living areas, and comprehensive upgrades to core systems including HVAC with central air conditioning, plumbing, and electrical, along with a newly rebuilt garage and additional finished living space above. Multiple outdoor decks were created to maximize panoramic views, including decks off the primary suite, living area, and the library/bedroom suite above the garage. The kitchen is appointed with a full Thermador suite including refrigerator/freezer columns, wine refrigerator, double ovens, and a 6-burner range with griddle and pot filler, plus a large granite waterfall island with seating for five. Decking is Trex with updated iron railings, and the patio is plumbed for gas for a future fire feature. The primary suite features Italian Carrara marble finishes, dual sinks, separate water closet, walk-in closet and additional closet storage, and the primary bath and powder room are equipped with bidets. The lower level functions as a true guest suite with a spacious family room, full kitchenette, separate entry, laundry, large closets, plus a private bedroom and full bath.

1476-80 Pescadero Dr, Ocean Beach (OB)

$1,494,999
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)

$1,794,999
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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