Listed By:
Kathleen Fitzgerald with Wholly Creation Inc; 858-652-1446
Address
4918 4920 Del Monte Avenue, San Diego, CA
Price
$ 1,898,000
Property Attributes
  • MLS#ND26196655
  • TypeMulti-Family
  • Listing Status Active Under Contract
  • CountySan Diego
  • CitySan Diego
  • Area Ocean Beach
  • NeighborhoodOcean Beach
  • Zip92107
  • Style
  • Year Built1937
  • Price$ 1,898,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2126
  • Lot Size0.1444 Acres
Data Source:
California Regional MLS (CRMLS)
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.

Price History
9/10/2026 Listed $1,898,000

General Features

Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Gas Range,Refrigerator,Water Heater,Dryer,Washer
Garage Spaces 2
Architectural Style Cottage
Pool Features None
Year Built 1937
Electric Electricity - On Property
Tenant Pays All Utilities,See Remarks,Trash Collection,Water
View None
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 75180
Community Features Biking,Street Lights,Sidewalks
Accessibility None
County San Diego
New Construction false
Property Type Residential Income
HOA false
Contingency Property sold as is.
Subdivision Name Ocean Beach
Garage Y/N true
Special Listing Conditions Standard
Status Active Under Contract
Directions Between Bacon St and Cable St on Del Monte - 4918 front cottage of three (4920 + 4920 1/2)
City San Diego
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 6
Number Of Units Total 3
MLS Area 92107 - Ocean Beach
Lot Size Units Square Feet
Lot Size Square Feet 6290
Number of Units Leased 3
Listing Terms Cash,Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Current Financing None
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Public Records
Tax Lot 19
Total Actual Rent 6265
Property Sub Type Additional Triplex
PostalCity SAN DIEGO

Interior Features

Interior Amenities All Bedrooms Down
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Laundry Features Inside
Entry Level 1

Exterior Features

Fencing Partial
Parking Features Door-Multi,Garage,Garage Faces Side,Unpaved
Lot Features 0-1 Unit/Acre,Near Public Transit,Street Level,Walkstreet,Yard
Water Source Public
Total Parking 8
Lot Size Area 6290
Number of Buildings 4
Spa false
Building Area Total 2126
Lot Size Acres 0.1444
Road Surface Type Alley Paved,Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 92107

Price
AVG $2.17M
$1.9M
Year Built
AVG 1965
1937

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