3651 Ocean View Blvd San Diego, CA 92113
For Sale
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3651–55 Ocean View Blvd is a 5-unit mixed-use property totaling approximately 3,450 square feet on a 6,752 square foot lot. Built in 1926, the property consists of two 1 bed / 1 bath units of approximately 660 square feet each and three retail units totaling approximately 2,130 square feet. Located in an Opportunity Zone, the property presents a strong renovation or redevelopment opportunity. The building previously sustained fire damage, and the seller has rebuild plans available. A buyer may also have the opportunity to renovate or reposition the asset to their own vision. The RS-1-7 zoning may make the property attractive for a buyer looking to convert the asset to fully residential use. Seller will consider fair and reasonable seller financing. bikeScore: 40, Somewhat Bikeable walkScore: 75, Very Walkable transitScore: 57, Good Transit
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.