4767 Ocean Boulevard 203, San Diego, California 92109, San Diego, 92109 - 2 bed, 2 bath
4767 Ocean Boulevard 203
San Diego, California 92109
Property Price
SUMMARY
Analysis of 4767 Ocean Boulevard 203, San Diego, California 92109 is currently available with a list price of $1,695,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property was built in 1971, making it over 50 years old. While the unit appears clean and well-maintained, the kitchen features dated white appliances, a basic electric range, and an older granite countertop style. The bathrooms also exhibit outdated tile work and vanity styles, suggesting the last significant renovation occurred approximately 15-30 years ago. The diagonal tile flooring throughout is functional but contributes to an aged aesthetic. The property is move-in ready but would benefit from minor updates to modernize the kitchen and bathrooms.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Bird Rock Elementary School (10/10).
- Unparalleled Oceanfront Location & Views
The property boasts a direct oceanfront location with breathtaking sit-down water views, panoramic ocean vistas from nearly every angle, and spectacular sunsets, offering an exceptional coastal experience.
- Income-Generating Potential
The building allows short-term vacation rentals, and the unit is currently an active income-producing property, providing flexibility for personal use and investment returns.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fee
The property carries a significant monthly association fee of $1354.0, which could impact the overall cost of ownership and affordability.
- Age of Building
Built in 1971, the building is over 50 years old, which may suggest potential for older infrastructure or the need for future capital improvements, despite existing amenities.
- Potential for High Occupancy/Noise
As an active short-term rental property within a resort-style building, there may be higher turnover of occupants and potential for increased noise levels compared to a purely residential complex.
About 4767 Ocean Boulevard 203
Rare opportunity to own an oceanfront condo with breathtaking sit-down water views. This light and bright two-bedroom, two-bath residence offers an exceptional coastal lifestyle with panoramic ocean vistas from nearly every angle. Located in the highly sought-after Capri by the Sea, residents enjoy true resort living with a pool/spa, concierge service, and an elegant, welcoming lobby. Watch spectacular sunsets from your front-row seat and fall asleep to the sound of the waves. The building allows short-term vacation rentals, and this home is currently an active income-producing property—use it when you want and let your investment work for you the rest of the year.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 46,406 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1354.0 / Month
Neighborhood Insights
San Diego Unified Schools
Pacific Beach Elementary School
Grades K-5 • 0.7 mi
Bird Rock Elementary School
Grades K-5 • 0.8 mi
Crown Point Jr Music Academy
Grades K-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,191 | 940.5 | 72% |
| Lot Size | 46,406 | 3,932.5 | 90% |
| Price | $1.70M | $890.0K | 90% |
| Price per sq ft | $1.4K | $897 | 89% |
| Built year | 1971 | 1975 | 10% |
| HOA | $1354.0 | $472 | 96% |
| Days on market | 47 | 153 | 8% |
Pricing History
Listed for Sale
Jan 19, 2026
$1,695,000
Initial Listing
Sold
Nov 18, 2002
$690,000
Public Record
Sold
Jan 8, 2002
$585,000
Public Record
Sold
Nov 2, 1999
$424,000
Public Record