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4922 Muir Ave

San Diego, CA 92107
  • $3,150,000
  • STATUS: ACTIVE
  • ON SITE: 87 Days
  • ID#: 250024221
UPDATED: 70 min ago
$3,150,000
  • 9
    BEDS
  • N/A
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $1,050
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2023
County:

School Ratings & Info

Description

RARE OPPORTUNITY – 4 NEWLY CONSTRUCTED UNITS just 2 Blocks from the Ocean Beach Shoreline! Prime coastal investment in one of San Diego’s most desirable beach communities with a long history of high appreciation!! This is a turnkey, high-yield property. Ideal for savvy investors or owner-occupants looking to grow their wealth while living the dream - just steps away from the sand, surf, dining, and night life, and financed with income generated from the other 3 units. These four beautifully built, contemporary units, offer the ultimate blend of luxury, convenience, and location. All units feature washer & dryer, central heat & air, and stainless-steel appliances. 5 Designated parking spaces – a premium in this beachside community! High-demand rental area with consistent occupancy and excellent long and short-term rental potential. Current income is from long term tenants, but great additional income is possible with short term rentals. This property offers tremendous versatility - long- or short-term rentals, multi-generational living, house hacking (live in one, rent out the others), with low-maintenance design and top-tier rental appeal.. Ideal property for your 1031 exchange, and seller will consider a single-family fixer, or property with ADU potential in trade. Don’t miss your chance to own a high-performing modern coastal asset!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.mercergrouprealestate.com/homes/162511804
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4922 Muir Ave San Diego, CA 92107

  • Price: $3,150,000
  • Status: ACTIVE
  • On Site: 87 Days
  • Updated: 70 min ago
  • ID#: 250024221
9
Beds
6
Baths
0
½ Baths
N/A
Acres
3,000
SQFT
$1,050
$/SQFT
2023
Built
Neighborhood:
Ocean Beach
County:
San Diego
Area:
Ocean Beach (92107)
Property Description
RARE OPPORTUNITY – 4 NEWLY CONSTRUCTED UNITS just 2 Blocks from the Ocean Beach Shoreline! Prime coastal investment in one of San Diego’s most desirable beach communities with a long history of high appreciation!! This is a turnkey, high-yield property. Ideal for savvy investors or owner-occupants looking to grow their wealth while living the dream - just steps away from the sand, surf, dining, and night life, and financed with income generated from the other 3 units. These four beautifully built, contemporary units, offer the ultimate blend of luxury, convenience, and location. All units feature washer & dryer, central heat & air, and stainless-steel appliances. 5 Designated parking spaces – a premium in this beachside community! High-demand rental area with consistent occupancy and excellent long and short-term rental potential. Current income is from long term tenants, but great additional income is possible with short term rentals. This property offers tremendous versatility - long- or short-term rentals, multi-generational living, house hacking (live in one, rent out the others), with low-maintenance design and top-tier rental appeal.. Ideal property for your 1031 exchange, and seller will consider a single-family fixer, or property with ADU potential in trade. Don’t miss your chance to own a high-performing modern coastal asset!
Exterior Features

Exterior Stucco Fencing Full Frontage N/K Irrigation N/K Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 0 Parking Garage Spaces Unit4 0 Parking Non Garage Desc Unit1 AssignedDetached Parking Non Garage Desc Unit2 AssignedDetached Parking Non Garage Desc Unit3 AssignedDetached Parking Non Garage Desc Unit4 AssignedDetached Pool N/K Pool Heat None Known Roof Composition Site West of I-5 Spa N/K Spa Heat None Known Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 4 View N/K

Interior Features

Cooling Central Forced Air Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment Forced Air Unit Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2 Total Baths Unit4 2 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Yes Units With Cooling 4 Units With Dishwashers 4 Units With Dryers 4 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 4 Water Heater Type Gas

Property Features

Actual Cap Rate 4.2 Age Restrictions N/K Annual Expense Actual 48770 Annual Expense Projected 48750 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community OCEAN BEACH Complex Features N/K Complex Park Muir Cross Streets Cable Gross Rent Multiplier Actual 17.47 Gross Rent Multiplier Project 13.62 Gross Scheduled Income Actual 186000 Gross Scheduled Income Project 238800 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area Coastal South Miscellaneous N/K Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Pets Yes Possession Call Listing Agent Projected Cap Rate 4.5 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications N/K Tenant Pays Cable TVElectricityGas/PropaneHot WaterWater Terms CashConventionalFHAVA Unit Number For Unit1 4922 Unit Number For Unit2 4924 Unit Number For Unit3 4926 Unit Number4 4928 Unit1 Deposit 3200 Unit1 Occupied Tenant Unit1 Projected Rent 7000.0 Unit1 Rent Actual 3200.0 Unit2 Deposit 2800 Unit2 Occupied Tenant Unit2 Projected Rent 2800.0 Unit2 Rent Actual 2800.0 Unit3 Deposit 4750 Unit3 Occupied Tenant Unit3 Projected Rent 5000 Unit3 Rent Actual 4750.0 Unit4 Deposit 4800 Unit4 Occupied Tenant Unit4 Projected Rent 5100 Unit4 Rent Actual 4800.0 Water Meter on Property Zoning R-4

San Diego MLS logo Listing provided courtesy of Nathan Winnett of eXp Realty of California Inc: 858-829-1204. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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