
San Diego, California 92107
This Dual-Unit Coastal Property is a High-Potential Investment Opportunity, listed at $1,790,000—positioned above the $1,684,704 Fair Market Value. Despite the premium, the property offers exceptional versatility with two fully renovated, detached homes on one lot, boasting a Mint Condition Rating. Featuring Peak Ocean Views and Zoning R2 potential for up to 8 units, this asset provides significant long-term development upside. Located near Ocean Beach Elementary (10/10), it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4755 Del Monte Avenue Subject | $1,790,000* List Price | 0 | 0 | 1,311 | $1,285 | - |
A 4643 Narragansett Ave Sold | $1,500,000 | 2 | 3 | 1,554 | $965 | 0.3 mi |
B 4437 Long Branch Ave Sold | $1,687,500 | 2 | 2 | 1,193 | $1,415 | 0.9 mi |
C 2064 Venice Street Sold | $1,720,000 | 3 | 3 | 1,720 | $1,000 | 0.8 mi |
D 4540 Volatire St Sold | $1,280,078 | 3 | 1 | 1,331 | $962 | 0.9 mi |
E 4963 Long Branch Ave Sold | $1,625,000 | 3 | 2 | 1,034 | $1,572 | 0.8 mi |
F 4685 Long Branch Ave Sold | $1,600,000 | 2 | 3 | 1,443 | $1,109 | 0.8 mi |
G 4642 Muir Avenue Active | $1,299,000 List Price | 2 | 2 | 820 | $1,584 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1955, the property has undergone an extensive full renovation within the last 5 years. It features brand-new roofs, modern kitchens, stylish bathrooms, new drywall, and all-new appliances. The homes are in mint, move-in ready condition with no immediate maintenance required.
Elementary School: Ocean Beach Elementary School (10/10).
The property features two fully renovated, detached homes with separate utility meters, offering an ideal setup for rental income, multi-generational living, or a co-purchase opportunity.
Zoning potential for up to 8 residential units and a 30-foot height limit provides a rare opportunity to significantly increase density or build up for panoramic ocean views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4000, other record lot size in square feet = 3500. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1311, other record living area = 1805.
With a total of only 1,311 square feet split between two detached residences, the individual living spaces are relatively small and may feel cramped for larger households.
The property currently lacks covered parking or garages, which is a notable drawback in a high-density beach community where off-street parking is at a premium.
4753 & 4755 Del Monte Ave | Ocean Beach, CA Two Beautiful Homes each with 2 bedrooms (4 total) offering one Incredible Opportunity. Rarely does a property like this become available in the heart of Ocean Beach. 4753 & 4755 Del Monte Ave offers two fully renovated, detached homes both houses with 2 bedrooms on one multi-family lot—each with its own address and separate utility meters—creating endless possibilities for homeowners, investors, and developers alike. Both homes have been extensively updated with brand-new roofs, drywall, modern kitchens, stylish bathrooms, fresh interior and exterior paint, and all new appliances, making them truly move-in ready. Enjoy peak ocean views today, with even greater panoramic views possible by building up to the property’s 30-foot height limit. Property Highlights Two separate homes with individual addresses Separate utility meters for each residence Fully renovated throughout Brand-new roofs New kitchens, bathrooms, paint, and appliances Peak ocean views Multi-family lot with exceptional flexibility Just a few blocks from the beach Short distance to Newport Avenue’s restaurants, coffee shops, boutiques, and nightlife Easy access to the iconic Sunset Cliffs Endless Potential Whether you’re looking for a dream coastal home, an income-producing investment, or a premier development opportunity, this property delivers. Potential options include: Live in one home and rent the other. Purchase with friends—effectively owning a home for approximately $895,000 each. Explore a potential 50/50 lot split. Add garages or additional improvements. Redevelop the property with zoning that may allow up to 8 residential units. Build up to 30 feet to maximize breathtaking ocean views. This is a unique opportunity to own a versatile coastal property in one of San Diego’s most desirable beach communities, combining move-in-ready living with outstanding long-term upside. Don’t miss your chance to own two exceptional homes on one of Ocean Beach’s most exciting properties.
No exterior & parking available.
Grades K-4 • 0.5 mi
Grades K-4 • 0.6 mi
Grades K-4 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,311 | 1,777 |
| Lot Size | 4,000 | 6,600 |
| Price | $1.79M | $1.24M |
| Price per sq ft | $1.4K | $743 |
| Built year | 1955 | 1972 |
| HOA | $0 | $200 |
| Days on market | 11 | 39 |
Jul 11, 2026
$1,790,000
Initial Listing
Nov 15, 2024
$2,010,000
Public Record
Apr 11, 2017
$699,000
Public Record
Mar 7, 2001
$279,000
Public Record