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$3,400,000
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Property Description
Updated 4-unit in Ocean Beach, only 2.5 blocks from the sand! Each unit has its own 2 car garage, separate electrical & water meters, separate addresses, & laundry hook-ups. This versatile compound includes a 3BR/2BA front home, a detached updated large Studio, & two mirror-image 2BR/2BA townhomes. 8 bedrooms total and a stellar outdoor area with garden setting. Each unit has a 2- car garage, and separate electrical & water meters, and in-unit laundry hookups, making this an exceptional income property or multi-generational living opportunity. || Unit 1: 3BR/2BA Single-Family Home (Approx. 1,100 sq ft): Features central AC , beautiful hardwood flooring, ample cabinetry, quartz countertops, newer appliances, updated lighting, and fresh paint. The large driveway provides 4 extra parking spaces. || Units 2 & 3 :Two Updated 2BR/2BA Townhomes: Each townhome features high vaulted ceilings, modern kitchens & baths, large private patios indoor laundry hookups, & additional storage. Believed to have been built to condo specifications, offering potential for separate resale. || Unit 4 : Detached Updated Studio: Perfect as a guest unit, rental, or in-law suite. || Additional highlights include 2 EV chargers, easy walking access to beach, shopping, & dining. A built-in laundry room for cleaning crews or shared machines. Additional Storage shed for beach chairs & umbrellas. Currently operated as a high-performing Airbnb attracting wedding groups, corporate stays, and family vacationers.
Full Property Details
Full Property Details for 4851 Narragansett Ave
General
- Sold For: $3,400,000
- Status: Closed
- Type: Multi-Family
- Source: SANDICOR
- MLS ID: 250044828
- Added to Site: 116 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 7
Additional Information
- Pool: Yes
- Security/Safety: Other/Remarks
Location
- Area: OCEAN BEACH (92107)
- County: San Diego
- Subdivision: OCEAN BEACH
- Neighborhood: Ocean Beach
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central Forced Air, Wall/Window Air Conditioning
- Heating Type: Forced Air Unit
- Heating Fuel: Natural Gas
Utilities
- Water: Meter on Property
Structural Information
- # Buildings: 3
- Detached/Attached: Detached
- Construction: Stucco
- Roof: Other (See Remarks)
- Stories/Levels: 2
- Square Feet: 3,280
- Year Built: 1970
Unit Information
- Units in Building: 4
Lot Features
- Property View: City, Evening Lights
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,991
- Lot Size: .16
- Zoning: R-4:MULTIP
- Fencing (Description): Full
Financial Considerations
- Terms: Assumable, Cal Vet, Cash, Conventional, FHA, VA
- Tenant Pays: Other/Remarks
Disclosures and Reports
- Property ID: 448-272-21-00
Listed by The Agency (858) 667-5400, Monique LeBlanc
Sold by Dunn, REALTORS/Park Pacific (858) 752-9466, Pat Park
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Schools
Schools serving 4851 Narragansett Ave
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Ocean Beach Elementary School 4741 Santa Monica Avenue, San Diego, CA 92107 | K-4 | 0.2 mi |
Dana Middle School 1775 Chatsworth Boulevard, San Diego, CA 92106 | 5-6 | 1.2 mi |
Correia Middle School 4302 Valeta St., San Diego, CA 92107 | 7-8 | 1.1 mi |
Point Loma High School 2335 Chatsworth Boulevard, San Diego, CA 92106 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4851 Narragansett Ave
Date
Details
Price
Change
Source
3/16/2026
Sold
$3,400,000
-5.53%
MLS
11/29/2025
Listed
$3,599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4851 Narragansett Ave, San Diego, CA 92107 (MLS# 250044828) is a Multi-Family property that was sold at $3,400,000 on March 16, 2026. Want to learn more about 4851 Narragansett Ave? Do you have questions about finding other Multi-Family real estate for sale in San Diego? You can browse all San Diego real estate or contact a Coldwell Banker agent to request more information.

