4918 4920 Del Monte Avenue, San Diego, CA 92107
- $1,898,000
- List Price
- $1,898,000
- Status
- ACTIVE
- MLS#
- ND26196655
- Year Built
- 1937
- Lot Size
- 6,290
- Acres
- 0.14
- Lot Location
- 0-1 Unit/Acre, Near Public Transit, Street Level, Walkstreet, Yard
- Days on Market
- 0
- Property Type
- Multifamily
- Style
- Cottage
- Property Sub Type
- Triplex
- Stories
- One Level
- Neighborhood
- Ocean Beach
Property Description
FIRST TIME ON THE MARKET SINCE 1986 | DEL MONTE COTTAGES | OCEAN BEACH | WALK TO SUNSET CLIFFS | 6,290 SF LOT | Three one-bedroom cottages on quiet Del Monte Ave, South OB. Walking distance to Sunset Cliffs Natural Park and Little Lion, with Newport Avenue’s arts, nightlife, and beach scene just the other way. One of the last stretches of coastal San Diego where original cottages still sit intact on a large multifamily-zoned lot with alley access, offering incredible development potential within OB's coastal height limits. Boasting an 89 Walk Score, it’s a walker’s paradise from the OB Pier to the tide pools and Dog Beach. Bike to Target, OB People’s Food Co-op, and the Wednesday Farmers Market. OB’s flat street grid connects the boardwalk to Newport Avenue’s antique shops, murals, and eclectic eateries, plus a lively brewery scene (Sunshine Company Saloon, Kilowatt Brewing, Mike Hess Brewing, Pizza Port) within walking distance. Built in 1937 and held by one family for four decades, the single-story cottages sit front to back, each with its own entrance, private yard, in-unit laundry, and on-site parking. A two-car garage between the front and middle cottages brings total structural square footage to 2,126 SF. At $302/land SF, this property sits roughly 31% below the comparable median, offering a prime value-add opportunity to renovate or maximize cash flow by adding units under the City's favorable multi-family ADU regulations. See Affordability Toolkit | City of San Diego website.
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Additional Information
- Appliances
- Gas Range, Refrigerator, Water Heater, Dryer, Washer
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Roof
- Composition
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $75,180
Listing courtesy of Listing Agent: Kathleen Fitzgerald (kathy@whollycreation.com) from Listing Office: Wholly Creation Inc.
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