
San Diego, California 92107
This Ocean Beach duplex represents a Strong Value Opportunity, listed at a List Price of $1,400,000—positioned well below the $1,471,625 Fair Market Value by 4%. This valuation gap provides $71,625 in Instant Equity. With a Condition Rating of 4, the property offers immediate rental potential or a "house-hack" strategy. Located near the 10/10 rated Ocean Beach Elementary School, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5161 W. Point Loma Blvd Subject | $1,400,000* List Price | 0 | 0 | 1,311 | $1,123 | - |
A 4597 Long Branch Avenue 2 Active | $1,100,000 List Price | 2 | 2 | 880 | $1,250 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this duplex shows signs of cosmetic updates including newer laminate flooring and a refreshed bathroom vanity. However, the kitchen remains dated with older tile countertops and cabinetry, and the presence of surface-mounted electrical conduit suggests the systems are not fully modernized. While functional and move-in ready, the property reflects a renovation style older than 15-20 years.
Elementary School: Ocean Beach Elementary School (10/10).
Ideally situated in the heart of Ocean Beach, the property offers immediate access to Dog Beach, Robb Field, and the Pacific Ocean, ensuring high tenant demand and lifestyle appeal.
Delivered completely vacant, this duplex allows a new owner to immediately capture market-rate rents or execute a 'house-hacking' strategy by living in one unit while leasing the other.
The property was recently sold within the past year on 2026-06-12. The sold price is $5,200,000.00.
Originally constructed in 1955, the property may require significant capital expenditures for modernization or system upgrades to meet contemporary standards.
The modest 2,501 square foot lot size restricts outdoor amenities and limits the potential for significant structural expansion or additional ADU development.
Prime Ocean Beach duplex opportunity at 5161 W Point Loma Blvd! This well-located property is completely vacant, offering a rare chance for a new owner to curate the perfect investment. Choose to lease both units at full market rents, live in one and rent the other, or create your ideal configuration. The 1 bedroom / 1 bathroom unit features a private backyard, while the 2 bedroom / 1 bathroom unit provides flexible living space. Enjoy the convenience of 2 parking spaces. Ideally situated in the heart of Ocean Beach, just moments from the sand, Dog Beach, Robb Field, local shops, restaurants, and the iconic OB lifestyle. A unique opportunity to own and shape a property in one of San Diego’s most sought-after coastal communities!
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 |
|---|---|---|
| Beds | 0.0 | 3.4 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,311 | 1,837.516 |
| Lot Size | 2,501 | 6,134.732 |
| Price | $1.40M | $1.07M |
| Price per sq ft | $1.1K | $623 |
| Built year | 1955 | 1975 |
| HOA | $0 | $365 |
| Days on market | 15 | 55 |
Aug 25, 2026
$1,400,000
Initial Listing
Jun 12, 2026
$5,200,000
Public Record