4851 Narragansett Ave
San Diego, CA, 92107 $ 3,599,000
Bedrooms7 Baths7.0 Monthly Estimate*
$ 22,453
for $3,599,000 with 7 bedrooms and 7 full baths. This home was built in 1970 on a lot size of 0.160491.
Updated 4-unit in Ocean Beach, only 2.5 blocks from the sand! Each unit has its own 2 car garage, separate electrical & water meters and laundry hook-ups. This versatile compound includes a 3BR/2BA front home, a detached updated large Studio, & two mirror-image 2BR/2BA townhomes. 8 bedrooms total and a stellar outdoor area with garden setting. Each unit has a 2- car garage, and separate electrical & water meters, and in-unit laundry hookups, making this an exceptional income property or multi-generational living opportunity. || Unit 1: 3BR/2BA Single-Family Home (Approx. 1,100 sq ft): Features centralAC , beautiful hardwood flooring, ample cabinetry, quartz countertops, newer appliances, updated lighting, and fresh paint. The large driveway provides 4 extra parking spaces. || Units 2 & 3 :Two Updated 2BR/2BA Townhomes: Each townhome features high vaulted ceilings, modern kitchens and baths, luxury vinyl plank flooring, large private patios/decks, indoor laundry hookups, and additional storage. Believed to have been built to condo specifications, offering potential for separate resale. || Unit 4 : Detached Updated Studio: Perfect as a guest unit, rental, or in-law suite. || Additional highlights include 2 EV chargers, easy walking access to beach, shopping, and dining. A built-in laundry room for cleaning crews or shared machines. Additional Storage shed for beach chairs and umbrellas. Currently operated as a high-performing Airbnb attracting wedding groups, corporate stays, and family vacationers.
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FeaturesGeneralHeating Forced Air Unit
Cooling Central Forced Air Wall/Window
Roof Other/Remarks
Zoning R-4:MULTIP
HOA Fee 0.0
Pool Features N/K
Security Features Other/Remarks
Construction Materials Stucco
Pets Allowed Yes
Year Built 1970
Tenant Pays Other/Remarks
View City Evening Lights
Levels 2 Story
Property Subtype Res Income 2-4 Units
Building Name 0
County San Diego
Operating Expense 0.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name OCEAN BEACH
Full Baths 7
Status ACTIVE
City San Diego
Senior Community Y/N N
Number Of Units Total 4
MLS Area Coastal South
Lot Size Units Acres
Lot Size Square Feet 6991.0
Property Attached Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/snd/250044828
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Cap Rate 0.0
Freehold IDX
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ExteriorFencing Full
Water Source Meter on Property
Lot Size Area 0.16
Number of Buildings 3
Building Area Total 3280.0
Waterfront Y/N N
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InteriorTotal Stories 2
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 7
Total Baths 7
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* Excluded FeaturesList ByMonique LeBlancListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $22,453
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in San Diego, CA
Average List Price $2,244,102
Percent of Sale Price 38%
About San Diego, CA 1,417,428 Population
15% Since 2002
$ 72,408 Median Income
36.37 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/29/2025 | $3,599,000 | | Listed Price |