
San Diego, California 92107
This Coastal Hybrid Property is a High-Potential Investment Opportunity, listed at $1,325,000. While slightly above the $1,299,511 Fair Market Value, the property offers significant long-term upside through its 5,000 sq. ft. lot and ADU potential. Featuring a Condition Rating of 2, the home includes a modernized kitchen, solar panels, and central AC. Located near the 10/10 rated Ocean Beach Elementary, this versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle with expansion capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4622 Lotus Street Subject 3 bd · 1 ba · 1,000 sqft · $1,300 | $1,325,000* List Price | 3 | 1 | 1,000 | $1,300 | - |
A 4325 Long Branch Sold 2 bd · 1 ba · 1,198 sqft · $1,081 · 0.4 mi | $1,295,000 | 2 | 1 | 1,198 | $1,081 | 0.4 mi |
B 4437 Long Branch Ave Sold 2 bd · 2 ba · 1,193 sqft · $1,415 · 0.3 mi | $1,687,500 | 2 | 2 | 1,193 | $1,415 | 0.3 mi |
C 1905 Catalina Boulevard Sold 3 bd · 2 ba · 1,139 sqft · $1,141 · 0.7 mi | $1,300,000 | 3 | 2 | 1,139 | $1,141 | 0.7 mi |
D 4390 Niagara Ave Sold 3 bd · 2 ba · 1,029 sqft · $1,631 · 0.6 mi | $1,678,000 | 3 | 2 | 1,029 | $1,631 | 0.6 mi |
E 4540 Volatire St Sold 3 bd · 1 ba · 1,331 sqft · $962 · 0.1 mi | $1,280,078 | 3 | 1 | 1,331 | $962 | 0.1 mi |
F 4755 Del Monte Avenue Sold 0 bd · 0 ba · 1,311 sqft · $937 · 1.0 mi | $1,228,000 | 0 | 0 | 1,311 | $937 | 1.0 mi |
G 4563 Narragansett Avenue Pending 2 bd · 2 ba · 1,168 sqft · $1,113 · 0.7 mi | $1,299,500 List Price | 2 | 2 | 1,168 | $1,113 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite its 1929 origin, the property has undergone extensive recent renovations including a modern kitchen with gemstone countertops and stainless appliances. Major systems are updated with a newer roof, solar panels, central AC, and upgraded electrical and plumbing, meeting the criteria for a high-quality renovation.
Elementary School: Ocean Beach Elementary School (10/10).
The generous 5,000 sq. ft. lot and detached garage provide significant opportunities for ADU conversion or property expansion in a high-demand coastal market.
The property is equipped with valuable upgrades including solar panels, central air conditioning, a newer roof, and updated electrical and plumbing systems, minimizing immediate maintenance costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 884.
With three bedrooms but only one bathroom, the home's layout may be less functional for families or modern buyer expectations.
The 1,000 sq. ft. living area for a three-bedroom residence suggests smaller room dimensions, which may feel restrictive for some residents.
Coastal Charm and Endless Possibilities in Ocean Beach! This charming bungalow sits on a generous 5,000 sq. ft. lot just six blocks from the ocean, offering classic California character and exciting investment potential in one of San Diego’s most beloved beach communities. Inside, distinctive Talavera arches connect the living room to the kitchen, hallway, and rear bedrooms, complemented by hardwood floors. The kitchen features gemstone countertops and stainless steel appliances, while the bathroom offers a full-size soaking tub. Enjoy central air conditioning, gas heating, energy-efficient windows, and solar. Improvements include an upgraded electrical panel and wiring, upgraded plumbing, a newer roof, and a newer water heater. Mature Birds of Paradise, plumeria, and tangerine trees enhance the outdoor setting. The detached garage offers potential for an ADU, guest quarters, workshop, or home office, subject to approvals. A 10' x 12' Tuff Shed with electricity and lighting provides additional storage or workspace. A full walk-in cellar beneath the house offers convenient access and workspace, plus attic access from the kitchen. The spacious lot offers potential for expansion, including a second unit and/or additional ADUs, subject to verification with the City of San Diego. Close to Ocean Beach restaurants, cafés, shops, and sandy beaches, this versatile property is ideal as a primary residence, coastal retreat, or investment opportunity. Enjoy the relaxed beach lifestyle that makes Ocean Beach so special!
No exterior & parking available.
Grades K-4 • 0.5 mi
Grades K-4 • 1.1 mi
Grades K-4 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 1.0 | 2.2 |
| Square foot | 1,000 | 1,752.269 |
| Lot Size | 5,000 | 6,446.159 |
| Price | $1.32M | $1.27M |
| Price per sq ft | $1.3K | $736 |
| Built year | 1929 | 1971 |
| HOA | $0 | $186 |
| Days on market | 3 | 41 |
Oct 22, 2026
$1,325,000
Initial Listing