4851 Narragansett Ave
San Diego, CA, 92107
$3,599,000
Beds
0 Baths
0 SqFt
0.16 Acres
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MLS #250044828SD image #0
Convert to 8-units! 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. It’s believed that you can convert garages to units, buyer to investigate. || 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.

Property Details

Price:
$3,599,000
MLS #:
250044828SD
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
Ocean Beach
Neighborhood:
92107oceanbeach
Listed Date:
Jan 27, 2026
Lot Size:
6,991 sqft / 0.16 acres (approx)
Year Built:
1970
92107 – Ocean Beach92107oceanbeachOcean Beach

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Market Summary

Current real estate data for Single Family in San Diego as of Feb 11, 2026
1,529
Single Family Listed
67
Avg DOM
537
Avg $ / SqFt
$1,172,221
Avg List Price

Property Summary

    Located in the Ocean Beach subdivision, 4851 Narragansett Ave San Diego CA is a Single Family for sale in San Diego, CA, 92107. It is listed for $3,599,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1970. The average price per square foot for Single Family listings in San Diego is $537. The average listing price for Single Family in San Diego is $1,172,221.

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