Oceanfront Two-Unit Multifamily Duplex

29-4927 Ocean Blvd, San Diego, CA 92109

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For Sale

$3,825,000

Two 1-bedroom, 1-bath units in an oceanfront duplex with potential ADU conversion of a detached garage.

Type:Investment

Property size:

1,494 SF

Lot size:

0.04 Acres

Price / SF:

$2,560/SF

Listing Contact

Tony Franco

Real Estate License ID: 01714957

HighLights

Oceanfront 2‑unit multifamily duplex at 4927‑29 Ocean Blvd, San Diego, CA 92109
Built in 1949; two residential units totaling ±1,494 SF on a ±4,644 SF lot
Both units are 1 bed and 1 bath; property is currently leased to two tenants
Detached garage of 440 SF may be converted into an ADU
Located in the La Jolla School District
Walk Score 74 and bike score 48 (somewhat walkable/bikeable) with transit score 32

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For Sale

$3,825,000

Two 1-bedroom, 1-bath units in an oceanfront duplex with potential ADU conversion of a detached garage.

Type:Investment

Property size:

1,494 SF

Lot size:

0.04 Acres

Price / SF:

$2,560/SF

Added:: Jun 4, 2026
Days on Market:: 7
Last Refresh:: Jun 6 at 3:03 am

Property Features for 29-4927 Ocean Blvd

General Information

Standard status: Active
Size: 1,494 SF
Lot size: 0.04 Acres
Property subtype: Investment

Building Details

Year Built: 1949

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Listing Contact

Tony Franco

Listing agent Tony Franco License #01714957

Listing office Franco Realty Group

Listing date Jun 4, 2026

Source Elliman

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 Franco Realty Group

HighLights

Oceanfront 2‑unit multifamily duplex at 4927‑29 Ocean Blvd, San Diego, CA 92109
Built in 1949; two residential units totaling ±1,494 SF on a ±4,644 SF lot
Both units are 1 bed and 1 bath; property is currently leased to two tenants
Detached garage of 440 SF may be converted into an ADU
Located in the La Jolla School District
Walk Score 74 and bike score 48 (somewhat walkable/bikeable) with transit score 32

Overview

This is a two-unit oceanfront multifamily property consisting of two residential units. The units total about 1,494 square feet and are each configured as one bedroom and one bathroom. The property also includes a detached garage of approximately 440 square feet that could potentially be converted into an ADU.

The complex is offered for sale and is currently leased to two tenants. The rear tenant may be moving out soon, which could affect near-term occupancy. Walkability is rated very walkable (walk score 74), with bikeability noted as somewhat bikeable (bike score 48) and transit measured as somewhat limited (transit score 32). The property is located within the La Jolla School District.

For investors or owner-occupants looking for an oceanfront income property, the current two-tenant configuration provides rental housing across two separate 1-bedroom, 1-bath layouts. With an on-site detached garage that may be repurposed into an ADU, the site offers a potential pathway to additional usable space while retaining the existing duplex structure.

Location Intelligence

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Duplexes

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Local Demand

City: San Diego
County: San Diego
State: California
Longitude: -117.1907895
Latitude: 32.6874505

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For sale
Duplexes
CA
San Diego
92109
29-4927 Ocean Blvd

What type of property is this?

Duplex - Two 1-bedroom, 1-bath units in an oceanfront duplex with potential ADU conversion of a detached garage.

Where is this duplex located?

The property is located at 29-4927 Ocean Blvd San Diego, CA.

What is the asking price?

The asking price for this property is $3,825,000.

What are key features of this property?

This property features: Oceanfront 2‑unit multifamily duplex at 4927‑29 Ocean Blvd, San Diego, CA 92109; Built in 1949; two residential units totaling ±1,494 SF on a ±4,644 SF lot; Both units are 1 bed and 1 bath; property is currently leased to two tenants