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$2,898,000

Est. payment - /mo

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5 Beds

3 Baths

2,074 SqFt

New

4683 Cape May Ave ##4681-83 San Diego, CA 92107

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Michelle Tang

michelle@teammichelletang.com +1(702) 875-6424

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,074 sqft

Price per Sqft $1,397

MLS Listing ID 26876067

Style Ranch

Bedrooms 5

Construction Status Updated/Remodeled

Year Built 1960

Lot Size 7,000 Sqft

Acres 0.1607

Property Sub-Type Multi-Family

Property Description

ACTIVE AIRBNB WITH 100+ FIVE-STAR REVIEWS AND ESTABLISHED RENTAL HISTORY! 2 HOMES ON ONE FLAT, FULLY USABLE LOT WITH POTENTIAL TO BUILD MORE AND CREATE A 5-UNIT PROPERTY! JUST 5 BLOCKS TO THE BEACH! Welcome to one of the most unique opportunities in Ocean Beach! LIVE, PLAY, RENT & BUILD! The remodeled front 4BR/2BA home is an established Airbnb with 100+ five-star reviews. Income records are available for buyer review. The front home features an open floor plan, large kitchen island, stainless steel appliances, updated bathrooms and great indoor/outdoor living. French doors open to the private yard and patio, perfect for entertaining and enjoying the San Diego weather. PLUS A SECOND HOME! Behind the main house is a remodeled, detached 1BR/1BA home. Rent it, use it for family or guests, or live in one home and rent the other. RARE FOR OCEAN BEACH: 4 OFF-STREET PARKING SPACES! There is a 2-car garage plus 2 open parking spaces. THE BIG OPPORTUNITY: THE ENTIRE LOT IS FLAT AND USABLE! No steep hills or wasted space. The oversized, level lot offers excellent flexibility to enjoy it as it sits today or explore adding more units and creating a 5-UNIT OCEAN BEACH PROPERTY. Keep the existing homes and income while exploring ways to add even more income and long-term value.And the location is hard to beat. Walk to the beach, restaurants, coffee shops, bars, local shops and nightlife. Ocean Beach is known for its laid-back, local feel and walkable beach lifestyle. The OB Pier, Sunset Cliffs, Dog Beach and everything that makes OB special are just minutes away. Historical rental income is not a guarantee of future performance. Buyer to verify rental history, STR use, permits, development potential and future uses.

Location

State CA

County San Diego

Area Ocean Beach

Zoning RM-1-1

Rooms

Other Rooms None

Kitchen Island

Interior

Interior Features Furnished, Open Floor Plan, Turnkey, Recessed Lighting

Heating Central

Cooling Central

Flooring Vinyl Plank, Tile

Equipment Ceiling Fan, Dishwasher, Dryer, Hood Fan, Garbage Disposal, Refrigerator, Range/Oven, Washer

Laundry In Unit

Exterior

Parking Features Driveway, Garage Is Detached, Garage - 2 Car, Uncovered, Driveway - Concrete

Garage Spaces 4.0

Pool None

Waterfront Description None

View Y/N No

View None

Roof Type Asphalt

Building

Lot Description Front Yard, Fenced Yard, Fenced, Value In Land

Story 1

Foundation Slab

Sewer In Street

Water Public, In Street

Architectural Style Ranch

Level or Stories One

Structure Type Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Real Broker

NEARBY SCHOOL & BUSINESS

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Contact Us

+1(702) 875-6424

michelle@teammichelletang.com