4845 Long Branch Ave, San Diego, CA 92107

About this commercial property

Excellent offering to purchase 5 prime units on a wide 7,500 SF lot in the heart of Ocean Beach! The desirable unit mix consists of Three 1-Bedroom Units (one detached house, two cottage-style apartments) and Two 2-Bedroom Units (one detached house, one apartment built over the designated parking spaces). Two of the units are currently vacant and ready for the new owner to rent, rehab, or convert to short-term rentals. Held in the same family trust for over 80 years, the property exudes a pride of ownership that is rarely found with multi-family units at the beach. The property maintains consistently high historical occupancy rates due to its convenient OB location, just three blocks from the beach and close proximity to the shops and restaurants on Newport Ave. There is significant value-add opportunity for a new owner to do selective unit upgrades, as well as a possible development opportunity to add ADU’s where rear parking is located.

Listing description from the May 2025 sale, as reported to CRMLS.

Sale history

$1,711,600

Sold May 2025 · listed $1,995,000, on market January 2025 · MLS #250001401SD · Source: CRMLS

Listing Agent: Brendan McKee · Listing Office: McKee Properties · Contact: 619-435-7780 · Bought with: Angelo La Bruna · Apartment Realty Group (ARG)

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