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Corner-Lot Triplex with Private Yards
For Sale
$2,495,000

4985-89 Narragansett Ave, San Diego, CA 92107

MULTI_FAMILY - San Diego, CA

Property Size1,900 SF
Lot Size0.14 Acres
Price / SF$1,313
Days on Market48

Property Features for 4985-89 Narragansett Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2
Exterior features Corner Lot, Public Street, Sidewalks, Street Paved, West of I-5
Subdivision OCEAN BEACH
Directions South on Sunset Cliffs Blvd, Right on Narragansett Ave towards the blue Pacific.
Standard status Active
APN 4481723000
Size 1,900 SF
Lot size 0.14 Acres

Utilities

Heating system Forced Air

Amenities

direct entry
private yards
upgraded windows
granite counters
independent electric meters

Building Details

Year built 1948
Floors in Building 1
Number of units 3
Roof type Composition
Listing Agency: Coldwell Banker West · Coldwell Banker Real Estate
Listed By: Natalie M Harris · License #01270748
Added: Jun 20 Changed: Aug 2 Last Checked: Aug 6 at 12:06AM
MLS# 260015054

Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Corner-lot triplex at 4985-89 Narragansett Ave in San Diego’s 92107. The property sits on a 0.1377-acre lot and includes 1,900 square feet built in 1948, with forced-air heating and a composition roof.

There are three units, all with direct entry and private yards: one 2-bedroom, 2-bath unit and two 1-bedroom, 1-bath units. Additional interior/exterior updates noted include upgraded windows and granite counters. Each unit has its own independent electric meter.

Parking is supported by two separate one-car garages plus three on-site spaces. Exterior features include corner lot placement on a public street with sidewalks and paved street access, and the property is listed as west of I-5.

Key Highlights

  • 0.1377‑acre corner‑lot triplex with 1,900 SF built in 1948
  • Three units: one 2 bed/2 bath and two 1 bed/1 bath with direct entry
  • Private yards for all units; upgraded windows and granite counters

Property Analytics

Current Use

Triplexes

Suggested Use

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

Lease Details

Multi-tenant
Tenancy

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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex with three units, direct entry, private yards, forced-air heating, 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 $2,495,000.
What are key features of this property?
This property features: 0.1377‑acre corner‑lot triplex with 1,900 SF built in 1948; Three units: one 2 bed/2 bath and two 1 bed/1 bath with direct entry; Private yards for all units; upgraded windows and granite counters
More about this property
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