
San Diego, California 92107
This Dual-Residence Coastal Compound is a Strong Value Opportunity, listed at $3,599,000—positioned above the $3,250,935 Fair Market Value. While priced at a premium, the property offers exceptional versatility with two detached homes, a 1,000+ sqft finished attic, and whitewater ocean views. With a Condition Rating of 3, the property is move-in ready, featuring solar and modern upgrades. Located near the 10/10 rated Ocean Beach Elementary, this is an ideal acquisition for Multigenerational Families or Savvy Investors seeking a high-demand, flexible coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5153 5155 Muir Avenue Subject 5 bd · 6 ba · 3,370 sqft · $965 | $3,599,000* List Price | 5 | 6 | 3,370 | $965 | - |
A 4460 Niagara Avenue Sold 4 bd · 4 ba · 2,806 sqft · $996 · 1.0 mi | $2,795,000 | 4 | 4 | 2,806 | $996 | 1.0 mi |
B 4527 Narragansett Avenue Pending 5 bd · 5 ba · 3,457 sqft · $1,012 · 0.9 mi | $3,499,000 List Price | 5 | 5 | 3,457 | $1,012 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1975, the property has been well-maintained and significantly renovated. The kitchens feature updated cabinetry, stone countertops, and stainless steel appliances. The interiors show modern flooring, recessed lighting, and upgraded systems including solar panels, making both units fully functional and move-in ready.
Elementary School: Ocean Beach Elementary School (10/10).
The property features two detached homes on a single lot, offering exceptional flexibility for multigenerational living, guest accommodations, or a home office setup in a high-demand coastal area.
Located just steps from the ocean in the heart of Ocean Beach, the property provides immediate access to the beach, surf, and a vibrant array of local shops and cafes.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
With a list price of $3.599 million, the property represents a significant investment that sits at the higher end of the local market, potentially narrowing the pool of qualified buyers.
Owning and maintaining two detached residences on one parcel requires increased maintenance oversight and utility management compared to a traditional single-family residence.
Rare opportunity just steps from the ocean in the heart of Ocean Beach! This unique coastal property offers two detached residences on one lot, creating an exceptional setup for multigenerational living, extended family, guests, a home office, or added flexibility. The front residence is a charming 3-bedroom, 2-bath Craftsman-style home filled with classic coastal character. Plus, a finished attic space with attached bath (1000+sqft not included in listed sqft). The rear residence is a spacious detached 3-bedroom, 3.5-bath townhome-style home positioned above the garages and offering beautiful bay and whitewater views. Together, the property provides six bedrooms, generous living space, multiple parking options, and the privacy of two separate homes—all in one of San Diego’s most desirable beach communities. Enjoy gated access, solar, an outdoor shower, multiple garage spaces, driveway parking, and the unbeatable convenience of being only steps from the sand, surf, restaurants, cafes, shops, and everything Ocean Beach has to offer. Perfect for buyers looking for a primary residence with room for family, guests, or additional living space without sacrificing privacy. Live in one home while keeping loved ones close, create a coastal compound, or simply enjoy the versatility that two detached residences provide. A truly rare opportunity to own a distinctive Ocean Beach property offering space, flexibility, views, and an incredible location near the Pacific.
No exterior & parking available.
Grades K-4 • 0.6 mi
Grades K-4 • 1.4 mi
Grades K-4 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.2 |
| Baths | 6.0 | 2.2 |
| Square foot | 3,370 | 1,752.269 |
| Lot Size | 6,165 | 6,446.159 |
| Price | $3.60M | $1.27M |
| Price per sq ft | $1.1K | $736 |
| Built year | 1975 | 1971 |
| HOA | $0 | $186 |
| Days on market | 30 | 41 |
Sep 25, 2026
$3,599,000
Initial Listing
May 19, 2023
$3,200,000
Public Record
Feb 8, 2019
$2,000,000
Public Record
May 14, 2013
$1,166,000
Public Record
Aug 31, 2000
$350,000
Public Record