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4930 W Point Loma Blvd , San Diego, CA 92107
$7,944,000
Est. Payment: $40,114.87/mo
21 Bed
17.5 Bath
10162 Sqft
Status: active | Days on site: 97
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House Description

Exceptional investment opportunity in the heart of Ocean Beach, just steps from the Beach. This rare 7-unit property offers strong upside potential as a condo conversion project in one of San Diego’s most desirable coastal neighborhoods. Each spacious unit features approximately 1,450 sq ft of living space with 3bedrooms and 2.5 bathrooms, and six of the seven units include an additional den—ideal for home offices or flex space. All units are two-story layouts, providing a townhouse-style feel that is highly attractive to future buyers. The property is currently fully occupied, with stable tenancy in place. While the units are fully livable in their current condition, they present a prime opportunity for renovation—allowing an investor to significantly increase value and create substantial forced equity. A major highlight is the 17 underground garage parking spaces—an uncommon and highly valuable amenity in Ocean Beach. Situated in a prime, central location with easy access to beaches, dining, and local amenities, this asset combines immediate income with long-term redevelopment potential. Photos contain virtual staging. Continued Property Management available upon request. Call or text for more info.
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Highlights

Listed by Kaylee N Roche , 760-385-5589 and Derek Kaptanoglu , 858-221-9649 Compass , 619-353-5799. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.31

County

San Diego

Area

Coastal South

Listing ID

260010773

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:21
  • ▪ Bathrooms:17.5
  • ▪ Full Bathrooms:14
  • ▪ 1/2 Bathrooms:7
Floor:Slab

Exterior Features

Garage Capacity:17
Roof:Tile
Parking Features:Spaces,Underground
Principal Interest
$40,115
Taxes
$5,064

Home Price

$7,944,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$1,588,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$40,114.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $40,114.87 $5,064.30 $0.00 $45,179.17
Yearly $481,378.43 $60,771.60 $0.00 $542,150.03
Total $14,441,352.81 $1,823,148.00 $0.00 $16,264,500.81

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (San Diego, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-10T22:38:39.000Z

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