REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 8,200,000
Est. payment /mo
Active
4930 W Point Loma Blvd San Diego, CA 92107
0.31 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260007321SD
HOA Y/N No
Lot Size 0.309 Acres
Property Sub-Type Mixed Use
Property Description
Exceptional investment opportunity in the heart of Point Loma, just a short walk to Ocean Beach. This rare 7-unit property offers strong upside potential as a condo conversion project in one of San Diego's most desirable coastal neighborhoods. Each spacious unit features approximately 1,450 sq ft of living space with 3 bedrooms and 2.5 bathrooms, and six of the seven units include an additional den—ideal for home offices or flex space. All units are two-story layouts, providing a townhouse-style feel that is highly attractive to future buyers. The property is currently fully occupied, with stable tenancy in place, and can be delivered vacant, offering flexibility for investors or developers. While the units are fully livable in their current condition, they present a prime opportunity for renovation—allowing an investor to significantly increase value and create substantial forced equity. A major highlight is the 17 underground garage parking spaces—an uncommon and highly valuable amenity in Point Loma. Situated in a prime, central location with easy access to beaches, dining, and local amenities, this asset combines immediate income with long-term redevelopment potential.
Location
State CA
County San Diego
Area 92107 - Ocean Beach
Interior
Heating Forced Air
Fireplace No
Exterior
Roof Type Tile
Total Parking Spaces 17
Others
Tax ID 4482302400
Acceptable Financing Cash, FHA, VA Loan
Listing Terms Cash, FHA, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/snd/260007321
Listed by Kaylee Roche Allison James Estates & Homes #02215369