We are pleased to present 4912 Muir Avenue, a remodeled 5-unit multifamily property (3 of 5 units have been fully remodeled) located in the heart of San Diego’s highly desirable Ocean Beach neighborhood. Positioned on a quiet residential street just minutes from the coastline, this restored asset offers investors a rare opportunity to acquire a modernized property in one of the city’s most supply-constrained and lifestyle-driven coastal rental markets. The property consists of five (5) two-bedroom / one-and-a-half-bath units, each averaging approximately 995 square feet, offering larger-than-average layouts that are increasingly scarce in Ocean Beach. 3 units have been extensively renovated with contemporary, high-end finishes, including modern kitchens, updated bathrooms, new flooring, and in-unit laundry, creating a cohesive, design-forward asset positioned to command premium coastal rents. 2 of the units are more original condition without w/d's offering a proven plan for immediate substantial rent growth. Situated on a 5,198 SF lot with approximately 4,976 rentable square feet, the property was originally built in 1972 and has since been comprehensively repositioned to meet current renter expectations. The functional unit layouts, modern interiors, and strong unit uniformity support operational efficiency, tenant retention, and long-term income stability.
Listing courtesy of Listing Agent: Conor Brennan (Conor.Brennan@cbre.com) from Listing Office: Conor Brennan, Broker.
Listing sold by Matt May from Keller Williams La Jolla
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.