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Ocean Beach Multifamily Investment
For Sale
$4,650,000
Pending

4957 Cape May Ave, San Diego, CA 92107

10 units near the beach with value-add potential.

Property SizeContact for details
Days on Market140

Property Features for 4957 Cape May Ave

General Information

Standard status Pending
Property subtype Commercial

Building Details

Units 10
Listing Agency: Apartment Realty Group (ARG)
Listed By: Angelo La Bruna · License #01991625
Source: Elliman
Added: Mar 23 Changed: Aug 8 Last Checked: Aug 8 at 6:22AM

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 Apartment Realty Group (ARG)

Investment Insights

Based on property information with market context.

This multifamily property in Ocean Beach features ten units, located two blocks from the beach. The unit mix comprises eight 1-bedroom, 1-bathroom units and two 2-bedroom, 1.5-bathroom units. The property includes an on-site laundry facility and ten off-street parking spaces. Select units have balconies. The property is well-maintained and clean. It is located within walking distance of the pier and other Ocean Beach attractions. There is a potential to increase rental income.

Key Highlights

  • Irreplaceable Coastal Real Estate: Prime location just 2 blocks from the beach in Ocean Beach.
  • Significant Value‑Add Opportunity: Potential for 60% upside in rental income.
  • Ten Off‑street Parking Spaces: A valuable amenity in a coastal area.

Property Analytics

Current Use

Wilson Masonry Construction Company

Suggested Use

Top Pick Accounting Firm Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Building Supply 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.

Location Intelligence

Trade Area within ½ mile

1,639
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 10 units near the beach with value-add potential.
Where is this apartment building located?
The property is located at 4957 Cape May Ave San Diego, CA.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Irreplaceable Coastal Real Estate: Prime location just 2 blocks from the beach in Ocean Beach.; Significant Value‑Add Opportunity: Potential for 60% upside in rental income.; Ten Off‑street Parking Spaces: A valuable amenity in a coastal area.
More about this property
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