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4329-31 Banning Street

Ocean Beach, CA 92107
  • $1,499,000
  • STATUS: ACTIVE
  • ON SITE: 29 Days
  • ID#: 240028502
$1,499,000
  • 5
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Description

Opportunity in Ocean Beach! This versatile property offers great potential for both living and investment. The front house features a 2-bedroom, 1-bathroom layout, perfect for a family or as a rental unit. The spacious upstairs 3-bedroom, 2-bathroom back unit offers generous living space and comes with the added benefit of paid-off solar panels, providing long-term energy savings. Below the 3-bedroom unit, a large garage with alley access presents the ideal opportunity for conversion into a third rental unit or additional living space, further enhancing the property's value. Located in the heart of desirable Ocean Beach, this property is just minutes from the beach, local shops, and restaurants, making it a fantastic investment or a flexible multi-family residence. Don’t miss out on this rare find with endless potential!

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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.gellens.com/homes/158796094
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4329-31 Banning Street Ocean Beach, CA 92107

  • Price: $1,499,000
  • Status: ACTIVE
  • On Site: 29 Days
  • ID#: 240028502
5
Beds
3
Baths
0
½ Baths
N/A
Acres
1962
Built
Neighborhood:
Ocean Beach
County:
San Diego
Area:
Ocean Beach (92107)
Property Description
Opportunity in Ocean Beach! This versatile property offers great potential for both living and investment. The front house features a 2-bedroom, 1-bathroom layout, perfect for a family or as a rental unit. The spacious upstairs 3-bedroom, 2-bathroom back unit offers generous living space and comes with the added benefit of paid-off solar panels, providing long-term energy savings. Below the 3-bedroom unit, a large garage with alley access presents the ideal opportunity for conversion into a third rental unit or additional living space, further enhancing the property's value. Located in the heart of desirable Ocean Beach, this property is just minutes from the beach, local shops, and restaurants, making it a fantastic investment or a flexible multi-family residence. Don’t miss out on this rare find with endless potential!
Exterior Features

Exterior BrickStuccoWoodWood/Stucco Fencing Partial Roof Composition Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Units With Garages 1 Units With Patios 0

Interior Features

Cooling N/K Furnished Units 2 Half Baths Unit1 0 Half Baths Unit2 0 Stories Other/Remarks Total Baths Unit1 1 Total Baths Unit2 2 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Units With Cooling 2 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 1 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 0

Property Features

Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 0 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community OCEAN BEACH Complex Park Ocean beach Cross Streets Mendocino Blvd & Whittier St. Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 0 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Cable TVElectricityN/K Terms CashConventionalFHAVA Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Rent Actual 2200.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Rent Actual 2850.0

San Diego MLS logo Listing provided courtesy of Amanada Dean Beach of Team Z Realty: 619-933-4583. 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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