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Sold for $1,750,000
  • Listed by: Premier Realty Associates • Jakob Hedger • Contact: 858-277-6173
    Bought with: Sand & Sea Realty, Inc.
    $1,750,000

    4628 Del Monte Ave, San Diego, CA 92107

    2beds
    1,176sqft
    Single Family Residence
    Built in 1978
    7,000 Square Feet Lot
    $2,098,400 Zestimate®
    $1,488/sqft
    $5,099 Estimated rent

    Home value

    $2,098,400

    $1.87M - $2.35M

    $5,099/mo

    Zestimate® history
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    What's special

    Unbelievable unobstructed ocean viewsBuildable lotViews views viewsAlley accessFlat usable footprint
    VIEWS VIEWS VIEWS!!! An exceptional opportunity for developers, investors, and anybody looking to build their DREAM home on one of the best blocks in the desirable Ocean Beach surf town. This expansive 7,000 sq ft lot is one of the few remaining open parcels in Ocean Beach, offering incredible potential in one of San Diego’s most coveted coastal communities. Located just minutes from the beach, Sunset Cliffs, and all the charm of downtown OB. The existing home could use some TLC or complete redevelopment, making it a true blank canvas ready for vision. With alley access and a flat, usable footprint, the lot provides design flexibility for a range of possibilities: a custom single-family residence with outdoor space and parking, or a multi-unit build for long-term rental income or resale. The existing home being perfectly positioned on the back of the lot, with a 4 garage spaces underneath the house along the alley, allows for a plethora of options for the front of the lot. Add a second story and you will have unbelievable unobstructed ocean views as we are over 1 story above the lot to the West. Whether you're a seasoned developer, investor looking for your next project, or somebody looking to own a piece of the beach life, this is the opportunity of a lifetime. Due to the favorable RM-1-1 zoning, there are many different development strategies including, splitting the lot and building two slot homes, rehabbing the back house and adding at least 3 more units, or building your dream home and keeping the back house for additional income potential. Don't miss one of the last true buildable lots in Ocean Beach — bring your vision and unlock the full potential of this unique coastal property. If this isn't a good fit for you, VERTIGO REAL ESTATE VENTURES constantly has new investment opportunities. Please call (619) 374-4019 to see active inventory!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jakob Hedger DRE #02204993 916-740-0102,

    Premier Realty Associates

    Bought with:

    Anna Marie Barnard, DRE #01087778

    Sand & Sea Realty, Inc.

    Source: CRMLS,MLS#: PT25178635MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Cooling
    • None
    Appliances
    • Laundry: Washer Hookup, Gas Dryer Hookup
    Features
    • Balcony, Main Level Primary
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,176 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Door-Multi, Direct Access, Driveway, Garage, Oversized, Private
    • Attached garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Deck
    • Pool features: None
    • Has view: Yes
    • View description: Bay, City Lights, Coastline, Hills, Neighborhood, Ocean, Panoramic, Water
    • Has water view: Yes
    • Water view: Bay,Coastline,Ocean,Water
    Lot
    • Size: 7,000 Square Feet
    • Features: 0-1 Unit/Acre, Front Yard, Lawn, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level, Yard
    Details
    • Parcel number: 4484921000
    • Zoning: RM-1-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    Condition
    • Repairs Cosmetic
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Dog Park, Fishing, Hiking, Urban, Park
    • Subdivision: Ocean Beach
    Location
    • Region: San Diego

    Financial & listing details

    • Price per square foot: $1,488/sqft
    • Tax assessed value: $138,103
    • Annual tax amount: $2,288
    • Date on market: 8/8/2025
    • Cumulative days on market: 1 day
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae,VA Loan

    Price history

    DateEventPrice
    8/29/2025Sold$1,750,000+9.4%$1,488/sqft
    Source: CRMLS #PT25178635 Report a problem
    8/14/2025Pending sale$1,599,000$1,360/sqft
    Source: CRMLS #PT25178635 Report a problem
    8/8/2025Listed for sale$1,599,000$1,360/sqft
    Source: CRMLS #PT25178635 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,288 +34.7%$138,103 +2%
    2024$1,698 +2.3%$135,396 +2%
    2023$1,660 +2.7%$132,742 +2%
    2022$1,616 +0.7%$130,140 +2%
    2021$1,605 +1.2%$127,589 +1%
    2020$1,586 +4%$126,281 +2%
    2019$1,525 +4.6%$123,806 +2%
    2018$1,458 +2.4%$121,380 +2%
    2017$1,423 +1.7%$119,001 +2%
    2016$1,400 +1.5%$116,669 +1.5%
    2015$1,379 +1.5%$114,918 +2%
    2014$1,359 $112,668 +0.5%
    2013-- $112,160 +2%
    2012-- $109,961 +2%
    2011-- $107,806 +0.8%
    2010-- $107,002 -0.2%
    2009-- $107,257 +2%
    2008-- $105,155 +2%
    2007-- $103,094 +2%
    2006-- $101,073 +2%
    2005-- $99,093 +2%
    2004-- $97,151 +1.9%
    2003-- $95,371 +2%
    2002-- $93,502 +2%
    2001-- $91,669
    Find assessor info on the county website

    Neighborhood: Ocean Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,098,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,098,400