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Oceanfront Two-Unit Multifamily Duplex

29-4927 Ocean Blvd San Diego, CA 92109

29-4927 Ocean Blvd, San Diego, CA, 92109
$3,825,000
For Sale
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$3,825,000

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

Property Size1,494 SF
Lot Size0.04 Acres
Price / SF$2,560
AddedJun 4
Days on Market42
Last RefreshJun 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

Listing office Tony Franco Realty, Inc.

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 Tony Franco Realty, Inc.


Investment Insights

Based on property information with market context.

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.

Key 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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Big Box & Wholesale Store Auto Repair Shop Building Supply Auto Parts Store Kitchen & Bath Showroom HVAC Service Pharmacy Storage Facility Electrical Service Grocery & Convenience Store

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

FAQs

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
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