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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 Updated | 4/24/2025 | Tract | Ocean Beach |
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Year Built | 1953 | Community | Ocean Beach |
County | San Diego |
Additional Details
AIR | None |
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APPLIANCES | Electric Water Heater |
AREA | Ocean Beach |
HEAT | Combination, Electric |
HOA DUES | 0 |
LOT | 6521 sq ft |
STORIES | 1 |
SUBDIVISION | Ocean Beach |
ZONING | R-4:MULTIP |
Location
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