
4620 Narragansett
DSan Diego, CA 92107
Soft Appraisal Value: $3,806,300 · 5.1% above estimate
Beds
—
Baths
—
Sqft
3,437
Year Built
2003
Days on Market
141
Property Type
Multi-Family
HOA/mo
N/A
MLS ID
PTP2509345
This property is in San Diego (92107). View neighborhood stats →
About This Property
Experience coastal luxury perched overlooking the Pacific Ocean from your two beautifully designed homes. The front home features approximately 2,358 sq. ft., boasting four bedrooms and three bathrooms with a flexible floor plan ideal for multi-generational living or work-from-home flexibility. Upstairs, the expansive primary suite offers serenity and refined comfort, complete with a soaking tub, steam shower, dual sinks, abundant bespoked storage abounds, two primary closets, a dedicated shoe closet, and additional cabinetry. A bonus office/bedroom sits nearby, creating the perfect retreat for relaxation or productivity and more custom built-ins. The main level highlights two bedrooms and two baths, a spacious great room, and a chef’s kitchen equipped with a GE Profile column refrigerator and freezer, Viking range and hood, marble countertops, double-drawer Fisher & Paykel dishwasher, and 25-lb. ice maker. Meticulous craftsmanship is evident throughout — from the true inset cabinetry and hidden drawers to the thoughtful appliance garages and designer finishes. Luxury continues outdoors with a saltwater pool and spa surrounded by new turf and 2024 drainage upgrades. A dry bar with dual beverage refrigerators in the great room and a full laundry room open directly to this resort-style space. Three gas fireplaces—including one at the foot of the primary bed—add warmth and ambiance throughout the home. The front home is powered by 40 solar panels (PPA approx. $0.20/kWh, transferrable) and this home is served by private parking in a two-car garage, plus an additional one-car garage. At the rear of the property, on the alley, is a separate two-bedroom, one-bath second home (approx. 899 sq. ft.) above a three-car garage, currently leased for $4,695/month. This second home features a newly remodeled bathroom (2025) and refreshed kitchen (2024) with new counters, sink and more. Updated garages include brand-new epoxy floors, slat walls, stainless sinks, and custom storage, with an EV charger serving the main residence. Additional highlights include a movie/playroom beneath the main home, ideal for guests or family entertainment, and an ocean-view deck above the front garage showcasing stunning sunsets. Recent upgrades include a 2025 water heater with recirculating system, as well as a whole-home water softener and filtration system. This exceptional dual-home property combines craftsmanship, design, and effortless coastal living — a rare opportunity in Ocean Beach.
Mortgage Calculator
Est. Monthly Payment
$25,386
Location
Loading map...
Comparable Properties
5 comps foundThis Property
$6,340
Comp Average
$7,372
4330 Niagara Avenue
4bd / 4ba · 3,135 sqft · Single Family
$2.77M
Est. $8,213/mo

4511 Santa Cruz Avenue
3bd / 3ba · 2,768 sqft · Single Family
$2.90M
Est. $5,789/mo
4319 Del Mar Avenue
4bd / 3ba · 2,408 sqft · Single Family
$2.95M
Est. $7,234/mo
4545 Newport Ave
4bd / 3.5ba · 2,384 sqft · Single Family
$3.20M
Est. $7,862/mo
1185 Barcelona Dr
4bd / 4.5ba · 3,052 sqft · Single Family
$4.20M
Est. $7,762/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Defaults: 20% down, 6.5% rate, 30yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
Get Expert AnalysisOpen Full Calculator