5119 Lotus St, San Diego, California 92107, San Diego, 92107 - 1 bed, 1 bath
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San Diego, California 92107
This Turnkey Coastal Cottage is listed at $1,050,000, reflecting a market premium for its superior location and Condition Rating of 2. While the Fair Market Value is $970,792, the property features a complete high-end remodel, designer kitchen with quartz countertops, and a private patio with artificial turf. Located just blocks from the beach and the 10/10 rated Ocean Beach Elementary School, this home offers a rare blend of coastal charm and modern efficiency. It is perfectly suited for Coastal Lifestyle Seekers or Short-Term Rental Investors seeking a high-quality coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5119 Lotus St Subject | $1,050,000* List Price | 1 | 1 | 384 | $2,528 | - |
A 2009 Bacon Street Active | $925,000 List Price | 1 | 1 | 470 | $1,968 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1939 cottage has been completely and extensively remodeled to modern standards. The interior features high-quality wood-look flooring, a contemporary kitchen with quartz countertops, stainless steel appliances, and a designer tile backsplash. The bathroom is fully updated with a modern vanity and mosaic tiling. Additional high-end features include a new mini-split HVAC system, updated light fixtures, and a professionally landscaped yard with artificial turf and a new accessory shed, leaving no evidence of deferred maintenance.
Elementary School: Ocean Beach Elementary School (10/10).
Situated in the heart of Ocean Beach, this property offers exceptional walkability to Newport Avenue's vibrant dining scene, local surf breaks, and the beach, epitomizing the Southern California lifestyle.
The 1939 cottage has been completely remodeled and upgraded, providing a modern and stylish interior that allows for immediate move-in or rental without the need for additional capital improvements.
At only 384 square feet, the interior footprint is exceptionally small, which may restrict the buyer pool to single occupants or short-term travelers and limit long-term functionality.
The list price of $1.05 million represents a significant premium for the actual habitable square footage, which may present appraisal challenges or deter buyers focused on traditional value metrics.
Whether you're a surf enthusiast chasing morning waves, a foodie exploring Newport Ave, or simply unwinding in a sun soaked coastal town, this Ocean Beach Cottage is the perfect coastal retreat. Ideally located close to everything -this completely remodeled & upgraded 1-bedroom house has all the space you need for living your best life in OB. Enjoy the laid back SoCal lifestyle with easy access to surf, sunsets, and seaside fun. OBs known for its welcoming dog friendly vibe, with weekly farmers markets and casual coastal charm. With strong rental appeal, this short term rental is a great choice for investors or anyone looking to share this lifestyle with guests year- round. Possible to buy with the one nextdoor at 5123 Lotus.
No exterior & parking available.
Grades K-4 • 0.6 mi
Grades K-4 • 1.4 mi
Grades K-4 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 2% |
| Baths | 1.0 | 3.0 | 11% |
| Square foot | 384 | 1,955 | 2% |
| Lot Size | 2,741 | 7,000 | 10% |
| Price | $1.05M | $1.87M | 2% |
| Price per sq ft | $2.7K | $1.1K | 98% |
| Built year | 1939 | 1955 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 140 | 26% |
Feb 11, 2026
$1,050,000
Initial Listing
Aug 28, 2024
$745,000
Public Record