Ocean Beach (OB) Homes with Mixed Use Subtype

Ocean Beach (OB) Homes with Mixed Use Subtype

Welcome to Ocean Beach (OB), a vibrant and eclectic neighborhood nestled along the stunning coastline of San Diego, California. Known for its laid-back atmosphere and rich bohemian culture, Ocean Beach is a haven for those who appreciate a unique blend of beach life and urban charm. With its picturesque sandy shores, lively boardwalk, and iconic pier, OB is the perfect spot for sun-seekers, surfers, and those looking to immerse themselves in a community that celebrates individuality and creativity.

One of the standout features of Ocean Beach is its diverse real estate market, particularly the homes with a mixed-use subtype. These properties offer an exceptional opportunity for residents to enjoy the best of both worlds—living and working in the same vibrant community. Imagine waking up in your cozy beachside home, then stepping out to your own café, boutique, or studio space just below. This unique living arrangement not only enhances convenience but also fosters a sense of community as you become an integral part of the local landscape.

The mixed-use homes in Ocean Beach are designed with a perfect blend of residential comfort and commercial potential, making them ideal for entrepreneurs, artists, and families alike. With the charming atmosphere of OB and its proximity to the bustling San Diego scene, these properties are a fantastic investment for anyone looking to embrace a lifestyle that is both dynamic and fulfilling.

Whether you’re drawn to the sandy beaches, the eclectic shops, or the friendly locals, Ocean Beach is a place where your dreams of coastal living can truly come to life. Discover your perfect mixed-use home in this enchanting neighborhood today!

Newest Ocean Beach (OB) Homes with Mixed Use Subtype

$2,500,000
240022770SD MLS ⋅ Active Status
2 Parcels. 4417 Mentone (2BR/1Bath House) & 4419-21 Mentone (4-Plex with all 2BR/1Bath). Both properties share 1 water meter. Estimate to add an additional water meter is $35K. Once separately metered can finance individually with 2 Residential Loans (30 YR Fixed with up to 80% LTV) for owner and non-owner occupied. Rents are well below market with long term tenancy and ownership. 4419.5 is occupied by family and willing to either sign new lease at market rents or vacate prior to close. Quiet Section of Ocean Beach with mainly smaller SFR & 2-4 Unit Properties yet a short walk or ride to all the coastal amenities Ocean Beach has to offer.

4417 Mentone Street, Ocean Beach (OB)
$3,325,000
240022561SD MLS ⋅ Active Status
Behold 4956-64 Santa Cruz Ave. San Diego, CA 92107, an exceptionally well-located eight (8) unit multifamily property on a larger than typical lot for the area, ideally situated just 1 block from Santa Cruz Cove Beach, within the premium/coastal South Ocean Beach sub-market. Residents here also enjoy being within walking distance to the best area dining/retail/shops on/near Newport Ave. (4 blocks), as well as the iconic OB Pier (4 blocks). The unit mix consists of seven (7) one-bedroom/one-bathroom units, four of which are freestanding single story cottages (each with generous private outdoor areas), and one (1) three-bedroom/one-bathroom unit. There are four (4) functional garages, one storage room, and a laundry room on-site. The main property entry off of Santa Cruz Ave. has a short brick/stucco pony wall, beyond which are front lawns, tasteful perimeter landscaping, and a concrete walkway down the middle that leads to the units. Constructed on a 10,500+ SF lot, 4956-64 is improved by mostly single-story cottage-style buildings, and one two-story building towards the rear of the lot near the alley. All buildings are built of wood-frame construction on concrete on grade foundations, with flat roofs. The apartments are separately metered for gas and electricity, and the property is presently on city trash. Some windows have been replaced with dual-pane vinyl. Interiors are estimated to be clean yet dated, with basic appliance packages and wall heat, providing an opportunity for an investor to renovate the units to a higher-end product, similar to others nearby. Possibilities for adding density to this property may include new construction ADUs, renovations/additions with additional ADUs, and or garage to ADU conversion(s). Given the maximum building height within the (San Diego) coastal zone is 30 feet, an opportunity exists on this large/underutilized lot, to build up in a manner that would add significant value via blue water ocean views from some units. Additional options for accelerating revenue growth could include converting one or more of the cottage-units to short term rentals upon any future turnovers, as the property is just 1 block from the idyllic cove beach at the end of Santa Cruz Ave, boasting sandy beach areas, reefs, tide pools and coastal trails. There is a dearth of affordable lodging in this highly sought after South OB/Sunset Cliffs area. Given the extremely desirable coastal location of this asset, coupled with the fact that it has more than typical land per unit, allowing for several ADU construction and/or conversion options, the astute long-term investor will find value in the ability to command top of market rents via a modernization of this well-situated property. This is a very rare and unique opportunity, held by the same ownership for well over forty years for good reason!

4956 Santa Cruz Ave., Ocean Beach (OB)
$3,950,000
240020196SD MLS ⋅ Active Status
5064-5066 Niagara Avenue is a 6-unit multi-family property located a few steps from the Pacific Ocean in the highly coveted Ocean Beach neighborhood of San Diego, California. The subject property rests on the water in front of the iconic Ocean Beach Pier and is a half a block from popular Newport Avenue. 5064-66 Niagara Avenue is comprised of two 2-story buildings with 6 partially upgraded, very well-maintained units. Units are comprised of a large 1,320 square foot 3 Bedroom/2 Bath unit and five 1 Bedroom/1 Bath units ranging from 497-619 square feet. Units feature a mix of floating vinyl plank, tile, and hardwood flooring, original hardwood cabinetry (a select few with custom white cabinets), quartz and formica countertops, tiled showers, and high-quality vanities. There are three single car garages in the alley with ADU potential, one tandem parking spot, and two surface spots at the front of the property. The property has great bones and a sophisticated investor should bring all units to highest-end finishes and lease short or long term at market rate.

5064 Niagara, Ocean Beach (OB)
$8,600,000
240020043SD MLS ⋅ Active Status
Great opportunity to own 19 Units in Beautiful Point Loma / Ocean Beach area! The property is just 10 minutes to downtown or the Airport with it's wonderful central beach area location! Features include pool and extensive parking.

2625 Camulos St, Ocean Beach (OB)
$4,250,000
240020042SD MLS ⋅ Active Status
Wonderful opportunity to own Nine Units in the Point Loma / Ocean Beach area. Centrally located and 10 minutes to downtown and airport.

2611 Camulos St, Ocean Beach (OB)
$4,850,000
240014530SD MLS ⋅ Active Status
We are pleased to present for sale 5033 Voltaire Street, a 12-unit apartment complex in Ocean Beach, San Diego. Resting just two blocks from the ocean, this 1952-construction complex features all studio /1- bath units with new kitchens, granite countertops, and a combination of white and stainless-steel appliances. Unit rents have not been pushed to market and have a lot of room without further upgrades but see substantial rent raises through a higher tier renovation. With two long, bungalow style structures on a 6,329 SF lot, this apartment complex has a private courtyard for residents accessible through secure gated entry. Two off-street parking spaces rest at the rear of the property and there is on-site leased laundry for tenants. Ocean Beach offers an array of entertainment with shops, restaurants, beaches and attractions all within walking distance. This property is only two blocks from the beach resting in one of the highest demand rental markets in San Diego, making this property appealing to potential renters or future buyers. Ocean Beach is one of the closest beach communities to Downtown San Diego that has recently begun a visible transformation with new complexes, residences and stores flourishing across the neighborhood. This property is an excellent investment for the investor seeking a legacy asset in great condition with plenty of upside through further renovations. The investment gives the opportunity to an investor to own an asset in a supply constrained market allowing for long term appreciation.

5033 Voltaire Street, Ocean Beach (OB)
$2,295,000
240009492SD MLS ⋅ Active Status
Rare opportunity to purchase 5 prime units on a wide 7,500 SF lot in the heart of Ocean Beach! The desirable unit mix consists of Three 1-Bedroom Units (one detached house, two cottage style apartments) and Two 2-Bedroom Units (one detached house, one apartment built over the designated parking spaces). Held in the same family trust for over 80 years, the property exudes a pride of ownership that is rarely found with multi-family units at the beach. The property maintains consistently high historical occupancy rates due to its convenient OB location, just three blocks from the beach and close proximity to the shops and restaurants on Newport Ave. There is significant value-add opportunity for a new owner to do selective unit upgrades, as well as a possible development opportunity to add ADU’s where rear parking is located.

4845 Long Branch Ave, Ocean Beach (OB)
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.