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Historic Five-Cottage Apartment Property
For Sale
$19,998,000

931-939 Ocean Avenue, Del Mar, CA 92014

Oceanfront residences retain coastal character and one-bedroom loft layouts.

Property Size2,870 SF
Price / SF$6,967
Days on Market644

Property Features for 931-939 Ocean Avenue

General Information

Standard status Active
Size 2,870 SF
Property subtype Commercial-Res Income / Com-Res Income

Units

Unit Mix 5 x 1BR loft
Multifamily Units 5

Amenities

2 Story
Other
Wall
2
Slab
5.0
5
Owned
Composition
Free Standing, Other/Remarks
Auto Front Sprinklers, Cable Available, Front Sprinklers, Fully Landscaped, Remarks

Building Details

Buildings 5
Listing Agency: Pacific Sotheby's International Realty
Listed By: Craig Lotzof · License #01211688
Source: Compass
Added: Nov 25, 2024 Changed: Aug 29 Last Checked: Aug 31 at 1:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pacific Sotheby's International Realty

Investment Insights

Based on property information with market context.

This multifamily property comprises five separate cottages, each arranged as an approximately 700-square-foot one-bedroom loft residence. Built in the 1880s, the buildings feature two-story layouts and a coastal architectural character, with ocean views from their elevated setting.

The cottages occupy an oceanfront position at 931-939 Ocean Avenue in Del Mar, California, with more than 180 feet of bluff frontage. The property includes landscaped grounds, front sprinklers, auto front sprinklers, cable availability, and composition roofing. The five-residence configuration provides a distinctive collection of historic coastal housing in a single property.

Key Highlights

  • Five separate cottage residences in one multifamily property
  • Approximately 700 square feet per residence with one‑bedroom loft layouts
  • Constructed in the 1880s with two‑story cottage designs

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Auto Parts Store Garden Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,369
Businesses Nearby

Demographics for 92014, CA

13,203
Population
6,746
Households
2
Avg Household Size
52
Median Age
84%
College-Educated
99%
High-School Grad
6.3 sq mi
ZIP Area
2,096
Density / Sq Mi
$194,528
Median Household Income
$103,828
Median Earnings
$3,172
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Oceanfront residences retain coastal character and one-bedroom loft layouts.
Where is this apartment building located?
The property is located at 931-939 Ocean Avenue Del Mar, CA.
What is the asking price?
The asking price for this property is $19,998,000.
What are key features of this property?
This property features: Five separate cottage residences in one multifamily property; Approximately 700 square feet per residence with one‑bedroom loft layouts; Constructed in the 1880s with two‑story cottage designs
More about this property
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