***DO NOT DISTURB THE TENANTS**** This is a 2-unit OCEANFRONT multifamily complex for sale located at 4927-29 Ocean Blvd San Diego, CA 92109. This is the first time the property has been on the market in decades. There are two residential units totaling ±1,494 square feet, situated on a ±4,644 square foot lot, each unit consists of one bed and one bath. Please note that this does not include the 440 SF detached garage that could potentially be converted into an ADU. This provides a rare opportunity to own multifamily real estate just steps from the Pacific Ocean. The property is located within the La Jolla School District. The property is currently leased to two tenants. One tenant (rear) might be moving out soon.
Sold for $3,750,000
$3,750,000
4927-29 Ocean Blvd, San Diego, CA 92109
2beds
--sqft
Multi Family
Built in 1949
-- sqft lot
$3,752,100 Zestimate®
$--/sqft
$3,780 Estimated rent
Home value
$3,752,100
$3.49M - $4.05M
$3,780/mo
Zestimate® history
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$3,780/mo
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$3,780/mo
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$23,789/mo
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Oceanfront multifamily complex
Zillow last checked:
Listing updated:
Listed by:
Tony Franco DRE #01714957 858-717-1697,
Tony Franco Realty, Inc.
Bought with:
Natalie M McGhie, DRE #02009613
eXp Realty of Southern CA
Source: SDMLS,MLS#: 260006952
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- N/K
Interior area
- Total structure area: 1,494
Property
Features
- Levels: 1 Story
- Fencing: N/K
- Frontage type: Ocean/Bluff,Ocean/Sand
Details
- Parcel number: 4153910300
- Zoning: RM-1-1
- Zoning description: RM-1-1
- Special conditions: Other/Remarks
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood/Stucco
- Roof: Rock/Gravel
Condition
- Year built: 1949
Community & HOA
Community
- Features: N/K
- Security: N/K
- Subdivision: PACIFIC BEACH
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $914,557
- Annual tax amount: $12,030
- Date on market: 3/25/2026
- Listing terms: Cash,Conventional
- Tenant pays: Cable TV, Electricity, Other/Remarks
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Sold | $3,750,000-2% |
Source:  SDMLS #260006952 Report a problem | ||
| 4/24/2026 | Pending sale | $3,825,000 |
Source: SDMLS #260006952 Report a problem | ||
| 3/25/2026 | Listed for sale | $3,825,000 |
Source: SDMLS #260006952 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,030 +8.6% | $914,557 +2% |
| 2024 | $11,073 +2.3% | $896,625 +2% |
| 2023 | $10,827 +2.7% | $879,045 +2% |
| 2022 | $10,540 +0.7% | $861,810 +2% |
| 2021 | $10,466 +1.2% | $844,913 +1% |
| 2020 | $10,339 +2.4% | $836,250 +2% |
| 2019 | $10,101 +6.4% | $819,854 +2% |
| 2018 | $9,495 +2.4% | $803,780 +2% |
| 2017 | $9,269 +1.6% | $788,020 +2% |
| 2016 | $9,122 +1.5% | $772,570 +1.5% |
| 2015 | $8,987 +1.6% | $760,966 +2% |
| 2014 | $8,846 | $746,060 +0.5% |
| 2013 | -- | $742,690 +2% |
| 2012 | -- | $728,128 +2% |
| 2011 | -- | $713,852 +0.8% |
| 2010 | -- | $708,518 -0.2% |
| 2009 | -- | $710,202 +2% |
| 2008 | -- | $696,277 +2% |
| 2007 | -- | $682,625 +2% |
| 2006 | -- | $669,241 -24.7% |
| 2005 | -- | $888,299 +635.9% |
| 2004 | -- | $120,707 +1.9% |
| 2003 | -- | $118,496 +2% |
| 2002 | -- | $116,173 +2% |
| 2001 | -- | $113,896 |
Find assessor info on the county website
Neighborhood: Pacific Beach
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Nearby schools
GreatSchools rating
- 9/10Bird Rock Elementary SchoolGrades: K-5Distance: 0.6 mi
- 9/10Muirlands Middle SchoolGrades: 6-8Distance: 2.1 mi
- 10/10La Jolla High SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$3,752,100
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
$3,752,100
- California
- San Diego County
- San Diego
- 92109
- Pacific Beach
- 4927-29 Ocean Blvd
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