4527 49 Olney St San Diego, CA $ 2,849,000
4527 49 Olney St
$ 2,849,000
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4527 49 Olney St

San Diego, CA, 92109
$ 2,849,000
Baths1.0

Monthly Estimate*

$ 17,989

Listed by Starker West, Inc.
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Studio

Multi-Family Home for sale in San Diego, CA

for $2,849,000 with 1 full bath. This home was built in 1956 on a lot size of 0.1432.

4527-49 Olney St is a turnkey 4-unit Pacific Beach property featuring a private, detached 2BR/1BA home plus a separate triplex consisting of three 2BR/1BA units. Situated on a 6,237 SF RM-2-5 lot extending from Felspar St to the alley, the property has undergone significant recent improvements, including new roofs, electrical, windows, fencing, turf, landscaping, and concrete. All four units feature in-unit laundry and separate gas/electric meters, with two water meters serving the property. Two units have been fully renovated, including the detached home, which offers a private gated yard, island kitchen, and mini-split A/C. Two units will be delivered vacant and lease-ready, while the remaining two are occupied by month-to-month tenants. Alley access provides two open parking spaces, two covered carport spaces, plus tandem parking. Ideally located in a quiet residential pocket of Pacific Beach, just blocks from Mission Bay and the beach.

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Multi-Family Active

Price

$ 2,849,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1432

Year Built

1956

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260020209SD

Days on Market

3

Features
General
Heating See Remarks
Cooling See Remarks
Possession Close Of Escrow
Roof Wood
HOA Fee 0
Pool Features None
Year Built 1956
Tenant Pays Electricity
Stories Count 2
Levels Two
County San Diego
Net Operating Income 118482
Property Type Residential Income
Subdivision Name Pacific Beach
Status Active
Directions From I-5 exit Garnet Ave and head west. Turn right on Olney St. Property is located near the corner of Olney St and Felspar St. CrossStreet: Felspar & Olney
City San Diego
Senior Community Y/N false
Number Of Units Total 4
MLS Area 92109 - Pacific Beach
Lot Size Units Square Feet
Lot Size Square Feet 6237
Spa Features None
Standard Status Active
Cap Rate 4.1
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features Drip Irrigation/Bubblers
Total Parking 0
Lot Size Area 6237
Park Name Pacific Beach
Number of Buildings 2
Spa true
Lot Size Acres 0.1432
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Starker West, Inc.

Broker

cairo@starkerwest.com

Email

Affordability Calculator

$17,989
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Monthly Principal & Interest
$17,989
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Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/18/2026$2,849,000 Listed Price

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4527 49 Olney St, San Diego, CA, 92109 is a Multi-Family Home for sale at $2,849,000 with a lot size of 0.1432. 4527 49 Olney St is a studio with 1.0 baths and was built in 1956. The property's zip code is 92109 which is in San Diego, CA