4846 Long Branch Ave, San Diego, California 92107, San Diego, 92107 - 4 bed, 1 bath
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San Diego, California 92107
This property presents a Strong Value Opportunity with a List Price of $1,295,000—positioned well below the $1,352,864 Fair Market Value by 4%. This valuation gap offers $57,864 in Instant Equity for buyers. Featuring a Condition Rating of 5, the home requires significant renovation, yet its R-4 Multiple Residential zoning and rare 2-car carport provide immense upside. Located just blocks from the beach and near the 10/10 rated Ocean Beach Elementary, this is a prime acquisition for Buy-and-Hold Investors or Contractors seeking a high-potential coastal project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4846 Long Branch Ave Subject | $1,295,000* List Price | 4 | 1 | 1,120 | $1,208 | - |
A 4453 Narragansett Sold | $1,400,000 | 2 | 1 | 948 | $1,477 | 0.7 mi |
B 4546 Muir Ave Active | $1,240,000 List Price | 2 | 1 | 858 | $1,445 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1929, this property is nearly 100 years old and lacks modern updates. The kitchen features dated tile countertops and cabinetry from several decades ago, and the home relies on an old wall-mounted heater rather than a modern HVAC system. The listing description explicitly suggests a full renovation or rebuild, categorizing it as a rehab project.
Elementary School: Ocean Beach Elementary School (10/10).
Situated just three blocks from the sand in the heart of Ocean Beach, this property offers an unbeatable walkable lifestyle near Dog Beach, Newport Avenue hotspots, and trendy cafes.
The R-4 Multiple Residential zoning provides significant investment upside, allowing for the potential to add units, expand the existing footprint, or completely redevelop the site.
The current configuration of four bedrooms and only one bathroom is functionally obsolete for modern buyer expectations and will likely require a costly layout reconfiguration.
Built in 1929 and marketed as a 'renovate or rebuild' opportunity, the property likely requires substantial capital expenditure to modernize aging systems and structural elements.
Live the ultimate Ocean Beach lifestyle just 3 blocks from the sand on quiet and coveted Long Branch Ave! This 4-bed, 1-bath, 1120 s.f. home is packed with opportunity — renovate, reimagine, expand, or build your dream coastal home in one of San Diego’s most iconic beach communities. Zoned R-4 Multiple Residential, the property offers exciting potential for additional units and future value. Inside, original hardwood floors and fresh interior paint create the perfect starting point, while the rare Secured 2-car carport with alley access adds hard-to-find convenience near the coast. Walk or cruise to Dog Beach, Newport Ave hotspots, trendy cafes, local restaurants, nightlife, and everything that makes OB one of Southern California’s most vibrant beach scenes. Rare opportunity in an unbeatable Ocean Beach location!
No exterior & parking available.
Grades K-4 • 0.3 mi
Grades K-4 • 1.1 mi
Grades K-4 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 1.0 | 3.0 | 19% |
| Square foot | 1,120 | 1,866.5 | 22% |
| Lot Size | - | 6,950 | 14% |
| Price | $1.29M | $2.07M | 14% |
| Price per sq ft | $1.2K | $1.1K | 63% |
| Built year | 1929 | 1957 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 118 | 9% |
May 29, 2026
$1,295,000
Initial Listing