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Triplex with Private Yards
New
For Sale
$2,395,000

4985-89 Narragansett Ave, San Diego, CA 92107

MULTI_FAMILY - San Diego, CA

Property Size1,900 SF
Lot Size0.14 Acres
Price / SF$1,260
Days on Market1

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 Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 4
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

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: Aug 18 Last Checked: Aug 18 at 4:06PM
MLS# 260020188

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.

Built in 1948, this 1,900-square-foot triplex contains three direct-entry units: one with 2 bedrooms and 2 full baths, plus two spacious 1-bedroom, 1-bath units. Each unit includes a private yard, upgraded windows, and granite countertops. Independent electric meters support separate utility measurement, while the property also features forced-air heating and a composition roof.

The 0.1377-acre site includes 2 separate one-car garages and 3 additional on-site spaces. Positioned west of I-5 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. Nearby destinations include Robb Sports Field and Dog Beach, with access to Sunset Cliffs, Mission Bay, Mission Beach, La Jolla Shores, Balboa Park, San Diego International Airport, and Torrey Pines hiking and golf courses.

Key Highlights

  • Three‑unit configuration: one 2‑bedroom, 2‑bath unit and two 1‑bedroom, 1‑bath units
  • 1,900 square feet across a 0.1377‑acre site
  • Private yards and direct entry for all units

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with varied layouts, separate electric meters, garages, and on-site parking.
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‑unit configuration: one 2‑bedroom, 2‑bath unit and two 1‑bedroom, 1‑bath units; 1,900 square feet across a 0.1377‑acre site; Private yards and direct entry for all units
More about this property
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