4563 Narragansett Avenue, San Diego, California 92107, San Diego, 92107 - 2 bed, 2 bath
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4563 Narragansett Avenue
San Diego, California 92107
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,168Sq Ft
0Lot Size
Property Price
LIST PRICE$1,395,000
EST. MARKET VALUE
$1,497,964
6% BelowMARKET VALUE
SUMMARY
This Charming Coastal Residence represents a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,482,329 Fair Market Value by 5%. This valuation gap provides $87,329 in Instant Equity for the buyer. With a Condition Rating of 3, the home features vaulted wood-beamed ceilings and an expansive rooftop deck with panoramic ocean views. Located near the 10/10 rated Ocean Beach Elementary, this property is an ideal acquisition for Owner-Occupants or lifestyle-focused buyers seeking a move-in ready home in a prime beach community.
Estimated Market Value
$1,497,964+$102,964 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4563 Narragansett Avenue Subject | $1,395,000* List Price | 2 | 2 | 1,168 | $1,283 | - |
A 4375 Del Monte Sold | $1,799,000 | 3 | 2 | 1,368 | $1,315 | 0.2 mi |
B 1880 Catalina Blvd Sold | $1,225,000 | 3 | 2 | 1,062 | $1,153 | 0.5 mi |
C 4325 Long Branch Sold | $1,295,000 | 2 | 1 | 1,198 | $1,081 | 0.5 mi |
D 4437 Long Branch Ave Sold | $1,687,500 | 2 | 2 | 1,193 | $1,415 | 0.5 mi |
E 1905 Catalina Boulevard Sold | $1,300,000 | 3 | 2 | 1,139 | $1,141 | 0.5 mi |
F 4642 Muir Avenue Sold | $1,264,000 | 2 | 2 | 820 | $1,541 | 0.6 mi |
G 4351 Voltaire St Sold | $1,195,000 | 3 | 2 | 1,160 | $1,030 | 0.6 mi |
H 1855 Chatsworth Sold | $1,170,000 | 2 | 2 | 945 | $1,238 | 0.8 mi |
I 1467 Froude Pending | $1,499,000 List Price | 2 | 2 | 1,320 | $1,136 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1964 but well-maintained with clear evidence of renovations within the 5-15 year range. Features updated stainless steel appliances, recessed lighting, and modern stackable laundry. While the kitchen cabinetry and bathroom tile work appear slightly dated, the home is move-in ready with functional systems and high-quality outdoor living improvements.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ocean Beach Elementary School (10/10).
- Prime Coastal Location
Situated in the heart of Ocean Beach, the property offers exceptional walkability to Newport Avenue, local beaches, and the Farmers Market, epitomizing the highly sought-after Southern California coastal lifestyle.
- Panoramic Ocean Views
The expansive rooftop deck provides stunning views of the Pacific Ocean, coastline, and city lights, serving as a premium outdoor extension for entertaining and capturing unforgettable sunsets.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
With only 1,168 square feet of living space, the property may feel restrictive for buyers requiring more interior room or storage, especially given the $1.395M price point.
- Vintage Infrastructure
Built in 1964, the home may require significant updates to its original systems or structural components to meet modern energy efficiency and building standards.
About 4563 Narragansett Avenue
Perched above OB, this charming 2BR/2BA home captures ocean views, unforgettable sunsets & the easygoing lifestyle that makes this neighborhood so popular. Original HW floors, vaulted wood-beamed ceilings, open floor plan & a cozy fireplace create an inviting atmosphere. The expansive rooftop deck becomes an extension of your home. Perfect for morning coffee, sunset dinners & evenings under the stars. Just blocks from Newport Avenue, the beach, local cafés, restaurants, the Farmers Market & Dog Beach. Walk more, drive less, & embrace the traditions that make OB feel like home. That's what Ocean Beach does. It turns neighbors into friends & routines into traditions. You may never want to leave!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Ocean Beach Elementary School
Grades K-4 • 0.3 mi
10/10
Silver Gate Elementary School
Grades K-4 • 0.5 mi
9/10
Sunset View Elementary School
Grades K-4 • 1.1 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,168 | 1,777.941 |
| Lot Size | - | 6,474.445 |
| Price | $1.40M | $1.27M |
| Price per sq ft | $1.2K | $741 |
| Built year | 1964 | 1971 |
| HOA | $0 | $184 |
| Days on market | 39 | 40 |
Pricing History
Listed for Sale
Aug 1, 2026
$1,395,000
Initial Listing
Sold
Sep 7, 2012
$585,000
Public Record
Sold
Apr 5, 1999
$300,000
Public Record