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Oceanfront Multifamily Property in San Diego
For Sale
$4,000,000

4933 35 Ocean Blvd, San Diego, CA 92109

Two-unit multifamily property with ocean views in North Pacific Beach.

Property Size1,594 SF
Lot Size0.11 Acres
Price / SF$2,509
Days on Market157

Property Features for 4933 35 Ocean Blvd

General Information

Standard status Active
Size 1,594 SF
Lot size 0.11 Acres
Property subtype Investment

Building Details

Year Built 1950
Stories 1
Units 2
Listing Agency: Franco Realty Group
Listed By: Tony Franco · License #01950498
Source: Elliman
Added: Mar 26 Changed: Aug 13 Last Checked: Aug 29 at 10:23AM

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

Investment Insights

Based on property information with market context.

This two-unit multifamily complex, constructed in 1949, is located at 4933-35 Ocean Blvd in San Diego, CA. The property features approximately 1,594 square feet of total living space on a lot of approximately 4,695 square feet. The square footage does not include the attached 400 square foot garage, which has the potential to be converted into an ADU. Situated in a premier oceanfront corridor in North Pacific Beach, this property offers an opportunity to own income-producing real estate. The property is located within the La Jolla School District. This property also presents an opportunity for development of a custom home with ocean views.

Key Highlights

  • Premier oceanfront corridor location.
  • Income‑producing 2‑unit multifamily property.
  • Potential to develop a dream home with ocean views.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Daycare Center Auto Parts Store Garden Center Plumbing Service Furniture & Home Goods Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

1,997
Businesses Nearby

Demographics for 92109, CA

44,671
Population
26,503
Households
1.7
Avg Household Size
35
Median Age
70%
College-Educated
97%
High-School Grad
7.6 sq mi
ZIP Area
5,878
Density / Sq Mi
$118,300
Median Household Income
$71,054
Median Earnings
$2,362
Median Rent
$1,136,000
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?
Duplex - Two-unit multifamily property with ocean views in North Pacific Beach.
Where is this duplex located?
The property is located at 4933 35 Ocean Blvd San Diego, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Premier oceanfront corridor location.; Income‑producing 2‑unit multifamily property.; Potential to develop a dream home with ocean views.
More about this property
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