4849 W Point Loma Blvd, San Diego, California 92107, San Diego, 92107 - 2 bed, 1 bath
4849 W Point Loma Blvd
San Diego, California 92107
Property Price
SUMMARY
Analysis of 4849 W Point Loma Blvd, San Diego, California 92107 reveals a property with a current list price of $1,599,000, which is 7% above the estimated $1,480,775 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4849 W Point Loma Blvd Subject | $1,599,000* List Price | 2 | 1 | 1,064 | $1,392 | - |
A 4725 Saratoga Avenue Sold | $1,400,000 | 3 | 2 | 1,176 | $1,190 | 0.4 mi |
B 4963 Long Branch Ave Active | $1,695,000 List Price | 3 | 2 | 1,034 | $1,639 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1927 Spanish-style residence is exceptionally well-maintained, preserving its historic integrity with original hardwood floors, warm wood finishes, and a classic fireplace. While the property is nearly a century old and lacks a full contemporary renovation, it is move-in ready with high curb appeal and functional spaces, including a large eat-in kitchen and a well-kept central courtyard.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ocean Beach Elementary School (10/10).
- Dual-Street Compound Configuration
This rare through-lot property features two separate residences with independent street entrances on W Point Loma Blvd and Lotus Street, providing maximum privacy and versatility for multi-generational living or high-yield rental income.
- Prime Coastal Location
Ideally situated in the heart of Ocean Beach, the property offers immediate proximity to the beach and Sunset Cliffs, and sits directly across from the 68-acre Robb Field recreation complex.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With a total of 2 bedrooms and 1 bathroom across 1,064 square feet, the interior living area is relatively small for the $1.699M price point, which may challenge larger households.
- Vintage Infrastructure Maintenance
As a century-old property built in 1927, buyers should expect the ongoing maintenance and potential modernization requirements typical of historic homes to ensure systems meet contemporary standards.
About 4849 W Point Loma Blvd
Variance granted Detached. This rare through-lot compound offers the ultimate Ocean Beach lifestyle with two homes on one lot spanning from W Point Loma Blvd to Lotus Street. The premier location puts the best of OB at your doorstep, with immediate proximity to the beach, Sunset Cliffs, and People's Organic Food Market. You are directly across from Robb Field's 68 acres of sports fields, tennis courts, and world-class skate park, with the vibrant dining and entertainment of Newport Ave just minutes away. The dual-street frontage is a rarity in the neighborhood, ensuring maximum privacy for both residences and providing the perfect setup for a multi-generational compound or high-yield investment. 4849 W Point Loma Blvd is a stunning example of classic Spanish architecture, with the original home built 1927-1930. The interior features exceptional curb appeal, warm wood finishes, original hardwood floors, a cozy fireplace, and a formal dining room. A large eat-in kitchen provides ample space for gatherings. 4846 Lotus Street features its own private street entrance and is perfect for a guest house or long-term rental, with a stable tenant of 24 years. Both homes wrap around a large, sun-drenched central courtyard. This is a unique opportunity to own a piece of Ocean Beach history with endless possibilities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 4,845 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Ocean Beach Elementary School
Grades K-4 • 0.4 mi
Silver Gate Elementary School
Grades K-4 • 1.2 mi
Sunset View Elementary School
Grades K-4 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 10% |
| Baths | 1.0 | 3.0 | 8% |
| Square foot | 1,064 | 2,084 | 10% |
| Lot Size | 4,845 | 7,000 | 24% |
| Price | $1.60M | $2.00M | 24% |
| Price per sq ft | $1.5K | $1.0K | 93% |
| Built year | 1927 | 1953 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 161 | 7% |
Pricing History
Listed for Sale
Mar 4, 2026
$1,599,000
$1,699,000
-6% Price Drop
Initial Listing
Price Change
Feb 26, 2026
$1,699,000
Initial Listing