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4673-75 Point Loma Avenue offers investors the rare chance to acquire a well-maintained, coastal two-unit multifamily property located less than two blocks from the Pacific Ocean in the highly sought-after Point Loma submarket of San Diego. The property consists of two 2-bedroom / 1-bathroom apartment units, each featuring efficient layouts, ample natural light, and strong tenant appeal. With both units separately metered (SDGE) and tenants responsible for all utilities, operating expenses are minimized, creating a streamlined and investor-friendly ownership structure. The property's prime coastal location provides a strong foundation for stable occupancy and long-term appreciation. Point Loma is one of San Diego's most desirable coastal communities, offering residents immediate access to beaches, retail, dining, and outdoor recreational amenities, while maintaining convenient proximity to Downtown San Diego, major freeways, and employment centers. These fundamental demand drivers support consistent rental demand and favorable rent growth trends. This asset offers investors a dynamic range of strategies. An owner-occupant may live in one unit while benefiting from rental income generated by the other. A traditional long-term rental approach offers steady cash flow with minimal management requirements, while a vacation rental or short-term rental model could be explored to maximize cash-on-cash returns given the property's location just steps from the ocean.
Property Type(s):
Residential Income
| Last Updated | 10/6/2025 | Tract | Ocean Beach |
|---|---|---|---|
| Year Built | 1957 | Community | 92107 - Ocean Beach |
| County | San Diego |
Additional Details
| AIR | None |
|---|---|
| AREA | 92107 - Ocean Beach |
| LOT | 0 |
| STORIES | 1 |
| SUBDIVISION | Ocean Beach |
Location
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Listed with The Browar Group
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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