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    4985 Narragansett Ave San Diego, CA 92107

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    For Sale
    $2,595,000

    Triplex near beaches, restaurants, and shopping in South Ocean Beach.

    Lot size:
    0.14 Acres

    Property Features for 4985 Narragansett Ave

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1948

    Source: Coldwell Banker West Agent Natalie Harris

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Ocean Beach Triplex

    This triplex is located in South Ocean Beach, one block from beaches and the pier, and half a block from restaurants and shopping. The property features three units: one 2-bedroom, 2-bath unit, and two 1-bedroom, 1-bath units. Each unit has direct entry, a private yard, upgraded windows, and granite counters. The units have independent electric meters. There are two one-car garages and three on-site parking spaces. Nearby attractions include Robb Sports Field, Dog Beach, and Sunset Cliffs. It is a short drive to San Diego International Airport, Balboa Park, Mission Bay, Mission Beach, La Jolla Shores, and Torrey Pines Hiking & Golf Courses.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.2524944
    Latitude
    32.7449273

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    FAQs

    What type of property is this?
    Triplex - Triplex near beaches, restaurants, and shopping in South Ocean Beach.
    Where is this triplex located?
    The property is located at 4985 Narragansett Ave San Diego, CA.
    What is the asking price?
    The asking price for this property is $2,595,000.
    What are key features of this property?
    This property features: - Prime location: **Short walk to beaches, pier, live music, restaurants, and shopping.**; - Triplex with three units: one 2-bedroom/2-bath and two 1-bedroom/1-bath.; - Each unit features direct entry and a private yard.
    (619) 847-4241
    Request Owner's contact information
    4985 Narragansett Ave San Diego, CA 92107
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    San Diego, CA 92107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4985 Narragansett Ave San Diego, CA 92107
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