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3845 Ocean View Boulevard, San Diego, California 92113, San Diego, 92113 - 5 bed, 3 bath

3845 Ocean View Boulevard, San Diego, California 92113 home-pic-0
ACTIVE$1,190,000
3845 Ocean View Boulevard, San Diego, California 92113
5Beds
3Baths
1,420Sqft
6,800Lot
Year Built
1952
Close
-
List price
$1.19M
Original List price
$1.19M
Price/Sqft
$838
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2510707
Home ConditionExcellent
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

We found 5 Cons,5 Pros. Rank: price - $1.19M(88th), sqft - 1420(25th), beds - 5(50th), baths - 3(50th).

This versatile property features two separate homes on one lot! 3845 Ocean View Blvd and 3845 ½ Ocean View Blvd are both beautifully remodeled with new roofs, private entrances, and dedicated parking for each unit. The front home offers 3 bedrooms, 2 bathrooms, plus 2 bonus rooms perfect for an office, gym, or guest space. The back home includes 2 bedrooms and 1 bathroom, currently tenant-occupied through April 2026, providing steady rental income from day one. Each home enjoys its own private, fenced yard, and both are separately metered for gas and electricity. Conveniently located near downtown San Diego, major freeways, shopping, and dining. This property is ideal for multi-generational living, rental income, or investment. Live in one and rent the other. A rare turnkey opportunity with flexibility and income potential!

Price History

Date
Event
Price
11/09/25
Listing
$1,190,000
11/15/24
Sold
$650,000
09/30/09
Sold
$155,000
Condition Rating
Excellent
Despite being built in 1952, the property has undergone an extensive and high-quality renovation, as explicitly stated in the description ('beautifully remodeled with new roofs') and clearly visible in the images. The kitchens feature new white shaker cabinets, quartz countertops, and new stainless steel appliances (some still with protective film). Bathrooms are modern with new vanities, fixtures, and subway tile. Flooring is new wood-look and marble-look tile throughout. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, making it a turnkey property.
Pros & Cons

Pros

Income & Investment Potential: Features two separate homes on one lot, with one unit tenant-occupied through April 2026, providing immediate and steady rental income. Ideal for multi-generational living, rental income, or investment.
Extensive Remodel & Turnkey Condition: Both units are beautifully remodeled with new roofs, offering a rare turnkey opportunity that minimizes immediate renovation needs for the buyer.
Independent Living & Privacy: Each home boasts private entrances, dedicated parking, separate fenced yards, and individual metering for gas and electricity, ensuring autonomy and privacy for occupants.
Desirable Location: Conveniently located near downtown San Diego, major freeways, shopping, and dining, offering excellent accessibility and a vibrant urban lifestyle.
Flexible Space: The front home includes two bonus rooms, providing versatile space perfect for an office, gym, or guest accommodations, adding significant utility and value.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Recently Sold Property: The property was recently sold within the past year on 2024-11-15. The sold price is $650,000.00.
Older Construction: Built in 1952, despite recent remodels, the underlying structure is older, which could potentially lead to unforeseen maintenance or infrastructure issues typical of properties from that era.
Long-Term Tenant Lease: The back unit is tenant-occupied until April 2026, which limits immediate owner-occupancy or the ability to make significant changes to that unit for an extended period.
Compact Unit Sizes: With a total of 1420 sqft for 5 bedrooms and 3 bathrooms across two units, the individual living spaces may be relatively compact, potentially limiting appeal for buyers seeking more spacious accommodations.

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