4844 Del Mar Ave., San Diego, California 92107, San Diego, 92107 - 3 bed, 2 bath
Loading property details...
San Diego, California 92107
This property presents a High-Potential Investment Opportunity with a List Price of $2,195,000—positioned well below the $1,812,485 Fair Market Value by -21%. While the home carries a Condition Rating of 5, the expansive 7,000 sq. ft. lot and prime coastal location offer significant upside for forced appreciation. Located near top-rated schools like Ocean Beach Elementary (10/10), this asset is ideal for Fix-and-Flip Investors or Contractors looking to modernize a rare coastal footprint with ample parking and storage.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4844 Del Mar Ave. Subject | $1,990,000* List Price | 3 | 2 | 1,332 | $1,307 | - |
A 4461 Adair St. Sold | $1,867,500 | 3 | 2 | 1,466 | $1,274 | 0.6 mi |
B 4692 Niagara Ave Sold | $1,600,000 | 3 | 2 | 1,464 | $1,093 | 0.4 mi |
C 4912 Coronado Ave Sold | $1,715,000 | 2 | 1 | 1,041 | $1,647 | 0.1 mi |
D 1060 Alexandria Dr Sold | $2,200,000 | 3 | 3 | 1,666 | $1,321 | 1.0 mi |
E 4453 Narragansett Sold | $1,400,000 | 2 | 1 | 948 | $1,477 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941, the property is over 80 years old and shows significant signs of being dated. The bathroom features 1940s/50s style tiling and fixtures that appear to be 30-50+ years old. The listing description focuses heavily on 'potential' and 'lot size' rather than interior finishes, suggesting the home requires a full rehab to address aged systems and outdated living spaces.
Elementary School: Ocean Beach Elementary School (10/10).
Situated just one block from the ocean and within walking distance to Sunset Cliffs and the Ocean Beach Pier, this property offers an elite coastal lifestyle in a highly walkable neighborhood.
The expansive 7,000 sq. ft. lot is a rare find for this area, featuring a garage, four off-street parking spaces, and dedicated gated storage for an RV or boat.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At a list price of $2,195,000 for 1,332 sq. ft., the property commands a premium price point that reflects land value and potential rather than the current size of the living space.
Built in 1941, the home likely requires substantial modernization or a full remodel to meet the expectations of buyers looking for a contemporary luxury coastal retreat.
Discover this charming Ocean Beach gem just one block from the ocean! Situated on an expansive 7,000 sq. ft. lot, this 3-bedroom, 2-bath home offers incredible space, versatility, and potential. The property features four off-street parking spaces, a garage, and a gated area perfect for RV or boat storage—an uncommon find this close to the coast. Enjoy a spacious backyard, additional storage shed, and a low-maintenance xeriscaped front yard. With its generous lot size, the possibilities are endless—expand, customize, or create your ideal coastal retreat. Ideally located just minutes from the beach, downtown Ocean Beach, local restaurants, the pier, Sunset Cliffs, and shopping. Don’t miss this rare opportunity to own a slice of coastal living in one of San Diego’s most sought-after neighborhoods.
No exterior & parking available.
Grades K-4 • 0.5 mi
Grades K-4 • 0.7 mi
Grades K-4 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,332 | 1,861 | 31% |
| Lot Size | - | 6,900 | 14% |
| Price | $1.99M | $2.04M | 48% |
| Price per sq ft | $1.5K | $1.1K | 80% |
| Built year | 1941 | 1956 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 116 | 12% |
May 21, 2026
$1,990,000
$2,195,000
-9% Price Drop
Initial Listing
May 12, 2026
$2,195,000
Initial Listing