4829 4831.5 Saratoga Ave
San Diego, CA 92107
- – beds
- – baths
- – sqft
- 6,521 sqft lot
- 1953 build
- – on site
Huge Investment Opportunity in Iconic Ocean Beach! Welcome to 4829-4829 1/2 & 4831-4831 1/2 Saratoga Avenue – a rare chance to own a four-unit property in the heart of one of San Diego’s most sought-after coastal communities. This unique asset features four detached 1-bedroom, 1-bath units, all situated on a level lot just blocks from the beach. Whether you're an investor or owner-occupant, this is an incredible opportunity to live in one unit and rent out the others, offsetting your mortgage with multiple income-producing rentals. The current rental rates are under market, offering immediate value-add potential. Why Ocean Beach? Ocean Beach (OB) is a vibrant, laid-back beach town known for its eclectic charm, weekly farmers market, surf-friendly waves, independent shops, and strong sense of community. It's a high-demand rental market due to its coastal location, bohemian vibe, walkability, and proximity to San Diego’s best attractions. Residents love the casual lifestyle, ocean views, and easy access to Downtown San Diego, Coronado Island, Balboa Park, North & South Park, the San Diego Navy Base, airport, and bay – all within a 10-minute drive. OB’s unique mix of beach culture, historic charm, and investment upside makes this a property you don’t want to miss. Don’t miss this chance to own a slice of OB paradise – with income potential to match.
Last checked:
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Last updated Apr 26, 2025
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MLS# 250025484SD —
The Building
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Year Built:1953
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Total Number Of Units:4
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# of Buildings:1
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Roof:Composition
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Stories Total:1
Interior
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Levels:One
Location
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Directions:CrossStreet: Sunset Cliffs Blvd, Cable St
The Property
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Property Type:Residential Income
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Zoning:R-4:MULTIP
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Lot Size Area:6521.0000
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Lot Size Acres:0.1497
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Lot Size SqFt:6521.00
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Lot Size Source:Other
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:4483021900
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Showings Begin:2025-04-25
Heating & Cooling
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Heating:1
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Heating:Natural Gas
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Cooling:No
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Cooling:None
Appliances
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Appliances:Electric Water Heater
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Included:Yes
The Community
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Subdivision:Ocean Beach
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Subdivision:Ocean Beach
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Neighborhood:Ocean Beach
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Park Name:Saratoga Ave Fourplex
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Senior Community:No
Extra Units
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Number With Refrigerator:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/25/25
Apr 25, 2025
|
Listed / Active | CRMLS_CA | $2,800,000 |
