4766 Niagara Ave, San Diego, CA 92107

About this commercial property

Located in a prime coastal setting in Ocean Beach, the Niagara Court Apartments present a rare opportunity to acquire a truly one-of-a-kind multifamily asset. This 10-unit property stands apart from anything else in the area, highlighted by its expansive lot size, rare garage parking, and an oversized greenbelt—features seldom found in Ocean Beach. The property consists of two 7,280 square foot parcels and offers eight garage parking spaces with additional storage, on-site laundry, and a highly desirable unit mix of two 3-bedroom/1-bath units and eight 1-bedroom/1-bath units. Eight of the ten units have been thoughtfully renovated with modern finishes while preserving the classic beach-style architecture that defines the neighborhood’s charm. Niagara Court offers meaningful upside in rental income, making it an ideal acquisition for investors seeking both immediate stability and long-term growth. With its irreplaceable location, unique physical attributes, and strong value-add potential, this property represents a premier coastal investment opportunity. This property is very clean with close to $400K in recent capital improvements. New roof, new windows, new onsite laundry and newly renovated units. This truly is a turnkey property with lots of upside potential in the rents.

Listing description from the May 2026 sale, as reported to CRMLS.

Sale history

$4,650,000

Sold May 2026 · listed $5,000,000, on market April 2026 · MLS #260008796SD · Source: CRMLS

Listing Agent: Craig Everett · Listing Office: Advent Real Estate · Contact: 858-876-9455 · Bought with: Marc Rose · Berkshire Hathaway HomeServices California Properties

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