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Three-Cottage Triplex with Garage
New
For Sale
$1,898,000

4918 4920 Del Monte Ave, San Diego, CA 92107

Three detached cottages offer individual entrances, private outdoor areas, in-unit laundry, and on-site parking on a multifamily-zoned parcel.

Property Size2,126 SF
Lot Size0.14 Acres
Price / SF$892.76
Days on Market5

Property Features for 4918 4920 Del Monte Ave

General Information

Standard status Active
Size 2,126 SF
Lot size 0.14 Acres
Property subtype Investment

Units

Unit Mix 3 x 1BR
Multifamily Units 3

Additional Details

Road Access Yes

Building Details

Building Size 2,126 SF
Year Built 1937
Stories 1
Units 3
Listed By: Kathleen Fitzgerald
Source: Elliman
Added: Sep 11 Changed: Sep 12 Last Checked: Sep 14 at 10:01AM

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 Kathleen Fitzgerald

Investment Insights

Based on property information with market context.

This single-story triplex consists of three one-bedroom cottages arranged front to back, with each residence providing a separate entrance, private yard, in-unit laundry, and on-site parking. A two-car garage sits between the front and middle cottages. The property contains 2,126 SF of structural improvements on a 6,290 SF lot and was built in 1937.

Located at 4918–4920 Del Monte Ave in San Diego’s Ocean Beach area, the property includes alley access and is identified as multifamily-zoned. Sunset Cliffs Natural Park and Little Lion are within walking distance, while Newport Avenue provides access to restaurants, shops, nightlife, and beach-oriented amenities. The Ocean Beach Pier, Dog Beach, Target, OB People’s Food Co-op, and the Wednesday Farmers Market are also referenced in the surrounding area.

Key Highlights

  • Three one‑bedroom cottages on a 6,290 SF lot
  • 2,126 SF of structural improvements built in 1937
  • Each cottage includes a separate entrance, private yard, and in‑unit laundry

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Food Market Grocery & Convenience Store Accounting Firm Law Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,661
Businesses Nearby

Demographics for 92107, CA

28,684
Population
14,658
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
98%
High-School Grad
3.0 sq mi
ZIP Area
9,561
Density / Sq Mi
$107,262
Median Household Income
$61,936
Median Earnings
$2,208
Median Rent
$1,218,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Three detached cottages offer individual entrances, private outdoor areas, in-unit laundry, and on-site parking on a multifamily-zoned parcel.
Where is this triplex located?
The property is located at 4918 4920 Del Monte Ave San Diego, CA.
What is the asking price?
The asking price for this property is $1,898,000.
What are key features of this property?
This property features: Three one‑bedroom cottages on a 6,290 SF lot; 2,126 SF of structural improvements built in 1937; Each cottage includes a separate entrance, private yard, and in‑unit laundry
More about this property
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