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Proptero Realty
4314 18 Banning St, Ocean Beach (OB), CA 92107
- $1,499,000
- List Price
- $1,499,000
- Status
- ACTIVE
- MLS#
- 260024519SD
- Lot Size(apprx.)
- 4,000
- Property Type
- Multifamily
- Year Built
- 1961
Property Description
SELLER FINANCING AVAILABLE. Located in one of San Diego’s most supply-constrained coastal markets, this 4-unit asset presents a rare opportunity to unlock value in the heart of Point Loma and Ocean Beach. The property offers approximately 2,402 square feet on an approximately 4,000-square-foot lot, featuring two 2-bedroom/1-bath residences, two 1-bedroom/1-bath residences and four off-street parking spaces. Thoughtful renovations and property improvements offer a path to enhancing rental income over time. The four-unit configuration lends itself to long-term investment, with potential for owner occupancy in one residence while collecting rental income from the others. Located near the Ocean Beach–Point Loma border, the property provides convenient access to neighborhood restaurants and cafés, OB’s coastline, and Liberty Station’s shopping, dining and recreation. Whether you’re looking to live in one unit and rent the others or fully lease the property for consistent income, this is a high-performing coastal property with strategic growth potential in a tight rental corridor.
Additional Information
- Lot Size
- 4,000
- Neighborhood
- Ocean Beach
- Roof
- Composition
- Stories
- Two Levels
- Year Built
- 1961
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Listing courtesy of Listing Agent: Aurmon Banitaba (aurmon@ccgrea.com) from Listing Office: CCG RE Investment Services Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.