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3-Unit Triplex with Private Yards
For Sale
$2,395,000

4985-89 Narragansett Ave, San Diego, CA 92107

Three residences feature private outdoor areas, direct entry, and independent electric meters.

Property Size1,900 SF
Price / SF$1,260
Days on Market72

Property Features for 4985-89 Narragansett Ave

General Information

Standard status Active
Size 1,900 SF
Total Parking Spaces 5
Property subtype Res Income 2-4 Units

Site & Location

Neighborhood Ocean Beach

Units

Unit Mix 1 x 2BR/2BA, 2 x 1BR/1BA
Multifamily Units 3
Individually Metered Utilities electricity

Amenities

private yards
upgraded windows
granite counters
direct entry

Building Details

Building Size 1,900 SF
Year Built 1948
Listing Agency: Coldwell Banker West
Listed By: Natalie M Harris · License #01270748
Source: Bookmarkrealty
Added: Aug 18 Changed: Oct 26 Last Checked: Oct 26 at 3:54PM

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 Coldwell Banker West

Rey
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Investment Insights

Based on property information with market context.

This 1,900-square-foot triplex, built in 1948, contains three residences: one with two bedrooms and two full bathrooms, plus two with one bedroom and one bathroom each. All units have direct entry and private yards, along with upgraded windows and granite countertops. The property includes two separate one-car garages and three on-site parking spaces.

Located in South Ocean Beach, the property is a short block from beaches and the pier, and half a block from live music, restaurants, and shopping. Robb Sports Field, Dog Beach, and Sunset Cliffs are also identified nearby.

Key Highlights

  • Three units: one 2‑bedroom, 2‑bath residence and two 1‑bedroom, 1‑bath residences
  • 1,900 square feet; built in 1948
  • Private yards and direct entry for all three units

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,571
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

Frequently Asked Questions

What type of property is this?
Triplex - Three residences feature private outdoor areas, direct entry, and independent electric meters.
Where is this triplex located?
The property is located at 4985-89 Narragansett Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: Three units: one 2‑bedroom, 2‑bath residence and two 1‑bedroom, 1‑bath residences; 1,900 square feet; built in 1948; Private yards and direct entry for all three units
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