Listing provided courtesy of Joe Gummerson of Joseph Gummerson Broker. Last updated 2026-01-29 09:42:02.000000. Listing information © 2025 Sandicor.
Asking Price: $1,058,000 |
4606 Ocean View, San Diego CA 92113
Community: 92113 - Logan Heights
This Multi Family property was built in 1960 and is priced at $1,058,000. Please see the additional details below.
STRATEGIC 8-UNIT MULTIFAMILY OPPORTUNITY (SDA/TPA). Prime development portfolio consisting of two separate legal parcels (APN 547-440-36-00 & 547-440-37-00) totaling 11,182 sq. ft.. Situated in a certified Sustainable Development Area (SDA) and Transit Priority Area (TPA), this site qualifies for the ADU Home Density Bonus Program, allowing for a high-density yield of 8 units (1 primary + 3 ADUs per lot). Maintaining two separate lots bypasses the 6-unit cap typically found on single parcels over 10,000 sq. ft.. Topography is flat with a favorable Geologic Category 52 (Low Risk). This is a high-yield urban infill asset with an estimated gross monthly income of $21,500 at 100% occupancy. Existing house is in good condition and will make a great ongoing rental. Buyer to verify zoning, all city density programs and development potential.
