4755 Del Monte Avenue
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4755 Del Monte Avenue

C

San Diego, CA 92107

$1,790,000
NEW — 2d

Beds

Baths

Sqft

1,311

Year Built

1955

Days on Market

2

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

TR26150572

This property is in San Diego (92107). View neighborhood stats →

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About This Property

4753 & 4755 Del Monte Ave | Ocean Beach, CA Two Beautiful Homes. One Incredible Opportunity. Rarely does a property like this become available in the heart of Ocean Beach. 4753 & 4755 Del Monte Ave offers two fully renovated, detached homes on one oversized lot—each with its own address and separate utility meters—creating endless possibilities for homeowners, investors, and developers alike. Both homes have been extensively updated with brand-new roofs, drywall, modern kitchens, stylish bathrooms, fresh interior and exterior paint, and all new appliances, making them truly move-in ready. Enjoy peak ocean views today, with even greater panoramic views possible by building up to the property’s 30-foot height limit. Property Highlights Two separate homes with individual addresses: 4753 & 4755 Del Monte Ave Separate utility meters for each residence Fully renovated throughout Brand-new roofs New drywall, kitchens, bathrooms, paint, and appliances Peak ocean views lot with exceptional flexibility Just a few blocks from the beach Close to Newport Avenue’s restaurants, coffee shops, boutiques, and nightlife Easy access to the iconic Sunset Cliffs Endless Potential Whether you’re looking for a dream coastal home, an income-producing investment, or a premier development opportunity, this property delivers. Potential options include: Live in one home and rent the other. Purchase with friends—effectively owning a home for approximately $895,000 each. Add garages or additional improvements. Redevelop the property with zoning that may allow up to 8 residential units. Build up to 30 feet to maximize breathtaking ocean views. This is a unique opportunity to own a versatile coastal property in one of San Diego’s most desirable beach communities, combining move-in-ready living with outstanding long-term upside. Don’t miss your chance to own two exceptional homes on one of Ocean Beach’s most exciting properties.

Mortgage Calculator

Est. Monthly Payment

$11,363

Principal & Interest$9,051
Property Tax$1,790
Insurance$522
%($358,000)
%

Location

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Investment Score

4D
Est. Monthly Rent
$5,750
Monthly Cashflow

Rent − PITIA

$-5,613
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,427

Mortgage (P+I)
$9,051
Cap Rate
0.42%
Cash-on-Cash
-28.25%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$16,695

NOI (Annual)
$7,486
Price-to-Rent

Lower = better for investors

25.9

* 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.

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