4683 Cape May Avenue San Diego, CA $ 2,898,000
4683 Cape May Avenue
$ 2,898,000
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4683 Cape May Avenue

San Diego, CA, 92107
$ 2,898,000
Bedrooms5 Baths2.0 Sq 2,074

Monthly Estimate*

$ 18,298

Listed by Real Broker
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Multi-Family Home for sale in San Diego, CA

for $2,898,000 with 5 bedrooms and 2 full baths. This 2,074 square foot home was built in 1960 on a lot size of 0.1607.

ACTIVE AIRBNB WITH 100+ FIVE-STAR REVIEWS AND ESTABLISHED RENTAL HISTORY! 2 HOMES ON ONE FLAT, FULLY USABLE LOT WITH POTENTIAL TO BUILD MORE AND CREATE A 5-UNIT PROPERTY! JUST 5 BLOCKS TO THE BEACH! Welcome to one of the most unique opportunities in Ocean Beach! LIVE, PLAY, RENT & BUILD! The remodeled front 4BR/2BA home is an established Airbnb with 100+ five-star reviews. Income records are available for buyer review. The front home features an open floor plan, large kitchen island, stainless steel appliances, updated bathrooms and great indoor/outdoor living. French doors open to the private yard and patio, perfect for entertaining and enjoying the San Diego weather. PLUS A SECOND HOME! Behind the main house is a remodeled, detached 1BR/1BA home. Rent it, use it for family or guests, or live in one home and rent the other. RARE FOR OCEAN BEACH: 4 OFF-STREET PARKING SPACES! There is a 2-car garage plus 2 open parking spaces. THE BIG OPPORTUNITY: THE ENTIRE LOT IS FLAT AND USABLE! No steep hills or wasted space. The oversized, level lot offers excellent flexibility to enjoy it as it sits today or explore adding more units and creating a 5-UNIT OCEAN BEACH PROPERTY. Keep the existing homes and income while exploring ways to add even more income and long-term value.And the location is hard to beat. Walk to the beach, restaurants, coffee shops, bars, local shops and nightlife. Ocean Beach is known for its laid-back, local feel and walkable beach lifestyle. The OB Pier, Sunset Cliffs, Dog Beach and everything that makes OB special are just minutes away. Historical rental income is not a guarantee of future performance. Buyer to verify rental history, STR use, permits, development potential and future uses.

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Multi-Family Active

Price

$ 2,898,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1607

Year Built

1960

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

26876067

Days on Market

2

Features
General
Living Area 2074
Sewer Other
Heating Central
Cooling Central Air
Possession Close Of Escrow
Appliances Dishwasher Disposal Refrigerator Dryer Washer
Zoning RM-1-1
Garage Spaces 2
Patio/Porch Features Open Patio
Architectural Style Ranch
Pool Features None
Security Features Gated Community
Construction Materials Stucco
Year Built 1960
View None
Stories Count 1
Levels One
Gross Income 130512
Community Features Gated
County San Diego
Net Operating Income 108047
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Facing Direction North
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Buyer Financing Cash Conventional
Directions Take the 5 Freeway South to the 8 Freeway West until it ends on Sunset Cliffs / Nimitz Blvd. Take the lane for Sunset Cliffs and take Sunset Cliffs Blvd to Cape May Ave and the property will be on the right hand side after you cross Ebers St.
City San Diego
Disclosures Trust/Conservatorship
Entry Location Main Level
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 2
MLS Area 92107 - Ocean Beach
Lot Size Units Square Feet
Lot Size Square Feet 7000
Spa Features None
Property Condition Updated/Remodeled
Additional Parcels Y/N false
Standard Status Active
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Interior
Interior Amenities Ceiling Fan(s) Furnished Open Floorplan Recessed Lighting
Flooring Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 5
Entry Level 1
Total Baths 3
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Exterior
Parking Features Concrete Door-Multi Driveway Garage Uncovered
Lot Features Front Yard Value In Land
Total Parking 4
Lot Size Area 7000
Foundation Details Slab
Number of Buildings 2
Spa false
Building Area Total 2074
Lot Size Acres 0.1607
Private Pool false
Door Features French Doors
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* Excluded Features
List By
Real Broker

Broker

Zachary@GrantRealtyAdvisors.com

Email

Affordability Calculator

$18,298
Per Month
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Monthly Principal & Interest
$18,298
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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
8/24/2026$2,898,000 Listed Price

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4683 Cape May Avenue, San Diego, CA, 92107 is a Multi-Family Home for sale at $2,898,000 with 2,074 sqft and a lot size of 0.1607. 4683 Cape May Avenue has 5 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 92107 which is in San Diego, CA