See all 9 photos
$1,499,000
Est. payment /mo
6 Beds
4 Baths
4,000 Sqft Lot
Active
4314-18 Banning St San Diego, CA 92107
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 260024519
Bedrooms 6
Full Baths 4
Year Built 1961
Lot Size 4,000 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
SELLER FINANCING AVAILABLE. Located in one of San Diego's most supply-constrained coastal markets, this 4-unit asset presents a rare opportunity to unlock value in the heart of Point Loma and Ocean Beach. The property offers approximately 2,402 square feet on an approximately 4,000-square-foot lot, featuring two 2-bedroom/1-bath residences, two 1-bedroom/1-bath residences and four off-street parking spaces. Thoughtful renovations and property improvements offer a path to enhancing rental income over time. The four-unit configuration lends itself to long-term investment, with potential for owner occupancy in one residence while collecting rental income from the others. Located near the Ocean Beach–Point Loma border, the property provides convenient access to neighborhood restaurants and cafés, OB's coastline, and Liberty Station's shopping, dining and recreation. Whether you're looking to live in one unit and rent the others or fully lease the property for consistent income, this is a high-performing coastal property with strategic growth potential in a tight rental corridor.
Location
State CA
County San Diego
Area Coastal South
Zoning RM-3-7
Direction Cross Streets: Mendocino Blvd / Whittier St
Interior
Fireplace No
Exterior
Fence Full
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4491010900
Acceptable Financing Cash, Conventional, Exchange, Seller May Carry
Listing Terms Cash, Conventional, Exchange, Seller May Carry
Virtual Tour https://www.propertypanorama.com/instaview/snd/260024519

Listed by Aurmon Banitaba, DRE#02040003 CCG RE Investment Services Inc
NEARBY SCHOOL & BUSINESS
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