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Residential Income for sale : 7 bedrooms : 4851 Narragansett Ave in San Diego

4851 Narragansett Ave San Diego

Main Photo: Residential Income for sale : 7 bedrooms : 4851 Narragansett Ave in San Diego
$3,599,000
Prop. Type:
Residential Income
MLS® Num:
250044828
Status:
Active
Bedrooms:
7
Bathrooms:
7
Year Built:
1970
Updated 4-unit in Ocean Beach, only 2.5 blocks from the sand! Each unit has its own 2 car garage, separate electrical & water meters and laundry hook-ups. This versatile compound includes a 3BR/2BA front home, a detached updated large Studio, & two mirror-image 2BR/2BA townhomes. 8 bedrooms total and a stellar outdoor area with garden setting. Each unit has a 2- car garage, and separate electrical & water meters, and in-unit laundry hookups, making this an exceptional income property or multi-generational living opportunity. || Unit 1: 3BR/2BA Single-Family Home (Approx. 1,100 sq ft): Features centralAC , beautiful hardwood flooring, ample cabinetry, quartz countertops, newer appliances, updated lighting, and fresh paint. The large driveway provides 4 extra parking spaces. || Units 2 & 3 :Two Updated 2BR/2BA Townhomes: Each townhome features high vaulted ceilings, modern kitchens and baths, luxury vinyl plank flooring, large private patios/decks, indoor laundry hookups, and additional storage. Believed to have been built to condo specifications, offering potential for separate resale. || Unit 4 : Detached Updated Studio: Perfect as a guest unit, rental, or in-law suite. || Additional highlights include 2 EV chargers, easy walking access to beach, shopping, and dining. A built-in laundry room for cleaning crews or shared machines. Additional Storage shed for beach chairs and umbrellas. Currently operated as a high-performing Airbnb attracting wedding groups, corporate stays, and family vacationers.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
3
County Or Parish:
San Diego
Market Area:
Coastal South
Neighborhood Code:
Ocean Beach
Name of Complex/Subdivision:
OCEAN BEACH
Building Name:
0
Total Building Area:
Switch units of measure3,280 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
7
Bathrooms:
7
Full Bathrooms:
7
Half Bathrooms:
0
Stories:
2 Story
Total Stories:
2
Year Built:
1970
Age (in years):
Switch units of measure55 year(s)
Short Sale:
false
Home Owner Fees:
$0
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Assumable, Cal Vet, Cash, Conventional, FHA, VA
Cap Rate.:
0.0
Gross scheduled income:
0.0
Other income actual:
0
Operating expense:
0.0
Gross Rent Multiplier:
0.0
Number of Units:
4
Number of Units with Cooling:
4
Tenant pays:
Other/Remarks
Unit Number for Unit 1:
4851
Unit Number for Unit 2:
4853
Unit Number for Unit 3:
4855 A
Unit Number for Unit 4:
4855 B
Projected Rent for Unit 1:
$6,300
Projected Rent for Unit 2:
$2,800
Projected Rent for Unit 3:
$4,300
Projected Rent for Unit 4:
$4,300
Site Influences:
Alley Access, West of I-5
View:
City, Evening Lights
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
Switch units of measure6,970 sq. ft.
Parcel Number:
448-272-21-00
Heating:
Forced Air Unit
Heating fuel:
Natural Gas
Cooling:
Central Forced Air, Wall/Window
Pool Features:
N/K
Roof:
Other/Remarks
Security:
Other/Remarks
Water supply:
Meter on Property
Pets Allowed:
Yes
Zoning:
R-4:MULTIP
Fencing:
Full
Listed by The Agency
Data was last updated December 17, 2025 at 07:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.