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Rare Coastal, Multi-Unit, Multi Strategy opportunity with exceptional flexibility and upside at 4980-4982 Crystal Drive. Featuring two spacious 3 bed / 2 bath units, this property offers multiple high-value scenarios for investors, developers, and owner-occupants alike. Property offers ocean to downtown San Diego views from your rooftop deck, water views from both units and a private use yard. Previously utilized as a short-term rental, the property is now being offered vacant with a clean slate, allowing a buyer to implement their preferred strategy "” whether continuing as a high-performing Airbnb, converting to long-term rentals, occupying one unit while generating income from the other, conversion into a custom Coastal Single Family Home or exploring redevelopment potential under R2 zoning. Located in a highly desirable coastal pocket in La Jolla School District with strong rental demand and long-term appreciation fundamentals, this is a rare opportunity to acquire a versatile asset with multiple exit strategies.
Property Type(s):
Residential Income
| Last Updated | 5/29/2026 | Tract | Pacific Beach |
|---|---|---|---|
| Year Built | 1951 | Community | 92109 - Pacific Beach |
| County | San Diego |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Water Heater |
| AREA | 92109 - Pacific Beach |
| HEAT | See Remarks |
| LOT | 5175 sq ft |
| LOT DIMENSIONS | 5177 |
| STORIES | 3+ |
| SUBDIVISION | Pacific Beach |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay, Ocean, Panoramic |
Location
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Listed with Coldwell Banker Realty
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.
This IDX solution is (c) Diverse Solutions 2026.
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