4620 Narragansett, San Diego, California 92107, San Diego, 92107 - bed, bath

4620 Narragansett
San Diego, California 92107
Property Price
SUMMARY
Analysis of 4620 Narragansett, San Diego, California 92107 is currently available with a list price of $4,399,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 2003, this property has undergone extensive and very recent renovations, with the second home's bathroom remodeled in 2025 and kitchen refreshed in 2024. The main home's kitchen features high-end appliances (Viking, GE Profile, Fisher & Paykel), marble countertops, and custom cabinetry, appearing virtually new. The primary bathroom is also luxuriously updated with a freestanding tub, steam shower, and modern fixtures. Recent upgrades include a 2025 water heater, whole-home water filtration, and 2024 pool drainage, indicating all major components are new or virtually new and meet current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ocean Beach Elementary School (10/10).
- Ocean Views & Coastal Location
The property is perched overlooking the Pacific Ocean, offering stunning views and an ocean-view deck, situated in the highly desirable Ocean Beach area.
- Dual Homes & Significant Income Potential
Features two distinct homes, with the separate two-bedroom, one-bath second home currently generating substantial rental income of $4,395/month, providing excellent investment or multi-generational living opportunities.
CONSRISKS & DEFICIENCIES
- Solar PPA Terms
The solar panels operate under a Power Purchase Agreement (PPA) at approximately $0.20/kWh, which, while transferrable, may represent a fixed energy cost that some buyers might find less flexible or potentially higher than alternative energy solutions.
- Second Unit Alley Location
The separate second home is located at the rear of the property, accessed via an alley, which could be perceived as less private or desirable compared to a street-facing unit, potentially impacting its long-term appeal or tenant preferences.
- Absence of Central Air Conditioning
Despite numerous luxury features and recent upgrades, the property description does not mention a central air conditioning system, which could be a notable omission for buyers expecting comprehensive climate control in a high-end coastal residence.
About 4620 Narragansett
Experience coastal luxury perched overlooking the Pacific Ocean from your two beautifully designed homes. The front home features approximately 2,358 sq. ft., boasting four bedrooms and three bathrooms with a flexible floor plan ideal for multi-generational living or work-from-home flexibility. Upstairs, the expansive primary suite offers serenity and refined comfort, complete with a soaking tub, steam shower, dual sinks, abundant bespoked storage abounds, two primary closets, a dedicated shoe closet, and additional cabinetry. A bonus office/bedroom sits nearby, creating the perfect retreat for relaxation or productivity and more custom built-ins. The main level highlights two bedrooms and two baths, a spacious great room, and a chef’s kitchen equipped with a GE Profile column refrigerator and freezer, Viking range and hood, marble countertops, double-drawer Fisher & Paykel dishwasher, and 25-lb. ice maker. Meticulous craftsmanship is evident throughout — from the true inset cabinetry and hidden drawers to the thoughtful appliance garages and designer finishes. Luxury continues outdoors with a saltwater pool and spa surrounded by new turf and 2024 drainage upgrades. A dry bar with dual beverage refrigerators in the great room and a full laundry room open directly to this resort-style space. Three gas fireplaces—including one at the foot of the primary bed—add warmth and ambiance throughout the home. The front home is powered by 40 solar panels (PPA approx. $0.20/kWh, transferrable) and this home is served by private parking in a two-car garage, plus an additional one-car garage. At the rear of the property, on the alley, is a separate two-bedroom, one-bath second home (approx. 899 sq. ft.) above a three-car garage, currently leased for $4,395/month. This second home features a newly remodeled bathroom (2025) and refreshed kitchen (2024) with new counters, sink and more. Updated garages include brand-new epoxy floors, slat walls, stainless sinks, and custom storage, with an EV charger serving the main residence. Additional highlights include a movie/playroom beneath the main home, ideal for guests or family entertainment, and an ocean-view deck above the front garage showcasing stunning sunsets. Recent upgrades include a 2025 water heater with recirculating system, as well as a whole-home water softener and filtration system. This exceptional dual-home property combines craftsmanship, design, and effortless coastal living — a rare opportunity in Ocean Beach.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 2003
- Lot Size
- 7,000 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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
Silver Gate Elementary School
Grades K-4 • 0.6 mi
Sunset View Elementary School
Grades K-4 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,437 | 2,557.5 | 75% |
| Lot Size | 7,000 | 4,964 | 75% |
| Price | $4.40M | $1.73M | 75% |
| Price per sq ft | $1.3K | $797 | 75% |
| Built year | 2003 | 1965 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 189 | 25% |
Pricing History
Listed for Sale
Jan 1, 2026
$4,399,000
Initial Listing
Price Change
Dec 31, 2025
$4,499,422
Initial Listing
Sold
Dec 29, 1999
$374,000
Public Record
Sold
Nov 15, 1994
$226,000
Public Record










































































