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2-Unit Cottage Duplex

4738 40 Del Mar Ave, San Diego, CA 92107

For Sale
New
$1,998,000

Two detached homes offer separate living spaces and a one-car garage accessed from the rear alley.

Property SizeContact for details
Lot Size0.16 Acres
Days on Market2

Property Features for 4738 40 Del Mar Ave

General Information

Standard status Active
Total Parking Spaces 1
Lot size 0.16 Acres
Property subtype Investment

Site & Location

Neighborhood Ocean Beach
Road Access Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1960
Stories 1
Units 2
Listed By: Jeffrey Walker
Source: Elliman
Added: Nov 12 Last Checked: Nov 12 at 2:52PM

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 Jeffrey Walker

Rey
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Investment Insights

Based on property information with market context.

The property comprises two separate homes on an approximately 7,000-square-foot lot. Each residence has two bedrooms, one bathroom, hardwood floors, abundant windows, and outdoor space. The front cottage has a remodeled bathroom, a tiled kitchen, and partial ocean views; the rear home retains original kitchen and bathroom tile and fixtures and includes a private backyard. A one-car garage is reached from the rear alley.

The property is situated between South Ocean Beach and Sunset Cliffs. The current owner has operated the homes as vacation rentals.

Key Highlights

  • Two homes, each with 2 bedrooms and 1 bathroom
  • Each residence measures approximately 750 square feet
  • Approximately 7,000‑square‑foot lot

Property Analytics

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Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,374
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

Average Price Trend$/SF for Duplexes in San Diego, CA

$951 Jul
$986 Aug
$1,030 Sep
$830 Oct

Properties on Market for Duplexes in San Diego

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two detached homes offer separate living spaces and a one-car garage accessed from the rear alley.
Where is this duplex located?
The property is located at 4738 40 Del Mar Ave San Diego, CA.
What is the asking price?
The asking price for this property is $1,998,000.
What are key features of this property?
This property features: Two homes, each with 2 bedrooms and 1 bathroom; Each residence measures approximately 750 square feet; Approximately 7,000‑square‑foot lot
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