49
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$2,250,000
Est. payment /mo
4 Beds
3 Baths
977 SqFt
Active
4467 Long Branch Ave San Diego, CA 92107
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 977 sqft
Price per Sqft $2,302
Subdivision San Diego
MLS Listing ID 250029138
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 2024
Property Sub-Type Res Income 2-4 Units
Property Description
Variance granted 2-4 Units - Stunning Dual-Unit Coastal Property with Panoramic Ocean Views! Experience the best of beachside living and exceptional investment potential with this unique property featuring two fully detached homes in the heart of Ocean Beach. Just blocks from the sand, restaurants, parks, and shops, this rare offering blends coastal charm with modern luxury and income-generating versatility.The front house, a charming 2-bedroom, 1-bath bungalow built in 1941, retains its original character while boasting breathtaking ocean views from its cozy hilltop perch. Enjoy open concept living, a gorgeous wood fireplace, and a versatile 100 sq. ft. bonus room ideal for a home office or creative space. This home is equipped with its own washer and dryer for added convenience. Currently licensed for short-term rental (STRO), this home has Airbnb income potential of over $82,000 annually, or $54,000 as a long-term rental. Behind it, the brand-new 2024-built ADU is a modern 2-bedroom, 2-bath retreat spanning 1,155 sq. ft. Designed to capture sweeping views from La Jolla to Mission Bay, the living area and primary bedroom open to a spacious deck through dramatic bi-fold doors—perfect for soaking in sunsets and Sea World fireworks. This detached home features high-end finishes, an oversized 2-car garage, and its own in-unit washer and dryer.
Rental income for the ADU currently is $78,000 per year. Whether you're looking for a primary residence with a guest house, a vacation home with passive income, or a full investment property, this turnkey, view-rich compound offers endless possibilities.
Rental income for the ADU currently is $78,000 per year. Whether you're looking for a primary residence with a guest house, a vacation home with passive income, or a full investment property, this turnkey, view-rich compound offers endless possibilities.
Location
State CA
County San Diego
Community San Diego
Area Ocean Beach (92107)
Interior
Cooling Central Forced Air
Fireplaces Number 1
Exterior
Exterior Feature Stucco, Wood/Stucco
Garage Spaces 2.0
Fence Full
Roof Type Composition
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Space Rent $4,500
Listing Terms Cash, Conventional, Exchange, FHA, VA
Virtual Tour https://tours.previewfirst.com/ml/152152
Listed by Nathan Winnett • eXp Realty of California, Inc.