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$1,898,000
Est. payment /mo
3 Beds
3 Baths
6,290 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID ND26196655
Bedrooms 3
Lot Size 6,290 Sqft
Property Sub-Type Res Income 2-4 Units
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 Avenues 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, its a walkers paradise from the OB Pier to the tide pools and Dog Beach. Bike to Target, OB Peoples Food Co-op, and the Wednesday Farmers Market. OBs flat street grid connects the boardwalk to Newport Avenues 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.
Location
State CA
County San Diego
Zoning Public Rec
Direction Between Bacon St and Cable St on Del Monte - 4918 front cottage of three (4920 + 4920 1/2)
Interior
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 4481721000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Kathleen Fitzgerald, DRE#00930125 Wholly Creation Inc
NEARBY SCHOOLS & PROPERTIES
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Mary Ellen Haywood
Broker Associate CA DRE#01264878
Broker Associate CA DRE#01264878



