Situated just one property from the iconic Del Mar coastline, 120-126 4th Street offers a truly exceptional opportunity to own a premier coastal fourplex in one of Southern California’s most coveted beach communities. Set on a spacious lot in the heart of Del Mar, this unique property combines an irreplaceable location with ocean views, a desirable unit mix, and significant potential for the next owner. The property features three generously sized 2-bedroom, 2-bath residences and one 1-bedroom, 1-bath residence. All three 2-bedroom units enjoy ocean views, while the shared courtyard and ocean-view backyard create inviting outdoor spaces to relax, entertain, and take in the quintessential Del Mar lifestyle. For investors, developers, or owner-users, the value-add possibilities are particularly compelling. The location is simply hard to beat. Step outside and enjoy a walkable coastal lifestyle just moments from the Del Mar cliffs and sandy beaches, as well as Del Mar Village, Del Mar Plaza, boutique shopping, acclaimed restaurants, and some of Southern California’s most celebrated surf breaks. Outdoor enthusiasts will love the proximity to Torrey Pines State Natural Reserve and Torrey Pines Golf Course, while Scripps Health facilities and the world-famous Del Mar Racetrack are just minutes away. Adding even more value, the property includes four covered parking spaces plus five additional off-street spaces - a remarkable and increasingly rare amenity in the heart of Del Mar Village. See supp. With its oversized lot, ocean views, flexible unit mix, abundant parking, and one of the most desirable coastal locations in Southern California, 120-126 4th Street presents an extraordinary opportunity to own, invest, and create something special in Del Mar.
For sale
$5,399,000
120-26 4th St, Del Mar, CA 92014
7beds
--sqft
Multi Family
Built in 1966
-- sqft lot
$5,228,000 Zestimate®
$--/sqft
$-- HOA
What's special
Ocean viewsShared courtyardOcean-view backyardFour covered parking spaces
- 16 days
- 1,543
- 74
Zillow last checked:
Listing updated:
Listed by:
Julie Houston DRE #01248182 760-822-3339,
Compass,
Blaire Kennedy DRE #02422145 760-613-5222,
Compass
Source: SDMLS,MLS#: 260021317
Originating MLS: SDMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 7
Cooling
- N/K
Interior area
- Total structure area: 4,471
Video & virtual tour
Property
Features
- Levels: 2 Story
- Fencing: Partial
Lot
- Size: 8,150 Square Feet
Details
- Parcel number: 3003213100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood/Stucco
- Roof: Rolled/Hot Mop
Condition
- Year built: 1966
Community & HOA
Community
- Security: N/K
- Subdivision: DEL MAR
Location
- Region: Del Mar
Financial & listing details
- Tax assessed value: $5,412,160
- Date on market: 8/31/2026
- Listing terms: Cash,Conventional
- Tenant pays: N/K
Estimated market value
$5,228,000
$4.97M - $5.49M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $5,399,000-10% |
Source: | ||
| 7/24/2026 | Listing removed | $5,998,000 |
Source: | ||
| 6/18/2026 | Pending sale | $5,998,000 |
Source: | ||
| 6/5/2026 | Listed for sale | $5,998,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $5,412,160 +2% |
| 2025 | $56,710 +2% | $5,306,040 +2% |
| 2024 | $55,588 +2.3% | $5,202,000 +2% |
| 2023 | $54,364 +2788.8% | $5,100,000 +3053.9% |
| 2022 | $1,882 +3.8% | $161,702 +2% |
| 2021 | $1,813 -0.6% | $158,532 +1% |
| 2020 | $1,824 +16.5% | $156,908 +2% |
| 2019 | $1,566 -8.5% | $153,832 +2% |
| 2018 | $1,712 +2.1% | $150,817 +2% |
| 2017 | $1,677 +3.5% | $147,861 +2% |
| 2016 | $1,621 +1.5% | $144,963 +1.5% |
| 2015 | $1,597 +2% | $142,786 +2% |
| 2014 | $1,566 | $139,990 +0.5% |
| 2013 | -- | $139,358 +2% |
| 2012 | -- | $136,626 +2% |
| 2011 | -- | $133,948 +0.8% |
| 2010 | -- | $132,948 -0.2% |
| 2009 | -- | $133,265 +2% |
| 2008 | -- | $130,653 +2% |
| 2007 | -- | $128,092 +2% |
| 2006 | -- | $125,582 +2% |
| 2005 | -- | $123,120 +2% |
| 2004 | -- | $120,707 +1.9% |
| 2003 | -- | $118,496 +2% |
| 2002 | -- | $116,174 +2% |
| 2001 | -- | $113,897 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92014
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