Steps to Ocean Beach Pier. This is a once in a lifetime opportunity. Purchase as an investment or as a primary residence and rent out the other units. Zoned for commercial or residential use and by right eligible for 2 ADUs. This exceptional real estate gem combines the allure of coastal living with the promise of substantial rental income. Nestled in the prime coastal community of Ocean Beach, you will relish the soothing sounds of the waves and the salty sea breeze while being within walking distance of shopping, restaurants, fishing, surfing and more. Currently these units are rented out long term. The potential profit may go up exponentially if these are rented as short term rentals.
Sold for $1,851,000
$1,851,000
5068-70 Niagara Ave, San Diego, CA 92107
4beds
--sqft
Multi Family
Built in 1962
-- sqft lot
$2,142,900 Zestimate®
$--/sqft
$4,734 Estimated rent
Home value
$2,142,900
$1.93M - $2.40M
$4,734/mo
Zestimate® history
Owner options
List your home for rent
$4,734/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$4,734/mo
Rent Zestimate®
Refinance and save
$11,767/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$11,767/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Ocean beach pierSalty sea breeze
Zillow last checked:
Listing updated:
Listed by:
Chris Jensen DRE #01875205 858-449-1277,
Christen Jensen, Broker
Bought with:
Chris Jensen, DRE #01875205
Christen Jensen, Broker
Source: SDMLS,MLS#: 230018696
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Wall/Gravity
Cooling
- Wall/Window
Interior area
- Total structure area: 1,697
Property
Features
- Levels: 1 Story
- Pool features: N/K
- Spa features: N/K
- Fencing: Partial
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Frontage type: Ocean/Bluff
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 4480812900
- Zoning: COMMERCIAL
- Zoning description: COMMERCIAL
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1962
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: N/K
- Security: N/K
- Subdivision: OCEAN BEACH
HOA
- Services included: N/K
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $1,888,020
- Annual tax amount: $24,189
- Date on market: 8/3/2023
- Listing terms: Cash,Conventional
- Tenant pays: N/K
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2023 | Sold | $1,851,000+5.8% |
Source:  SDMLS #230018696 Report a problem | ||
| 10/5/2023 | Pending sale | $1,749,000 |
Source: SDMLS #230018696 Report a problem | ||
| 10/5/2023 | Listed for sale | $1,749,000 |
Source: SDMLS #230018696 Report a problem | ||
| 9/30/2023 | Pending sale | $1,749,000 |
Source: SDMLS #230018696 Report a problem | ||
| 9/23/2023 | Listed for sale | $1,749,000 |
Source: SDMLS #230018696 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24,189 +6.2% | $1,888,020 +2% |
| 2024 | $22,773 +41.1% | $1,851,000 +40.9% |
| 2023 | $16,136 +2.7% | $1,313,971 +2% |
| 2022 | $15,707 +1407.7% | $1,288,208 +1480.9% |
| 2021 | $1,042 +1.2% | $81,484 +1% |
| 2020 | $1,030 +5.7% | $80,650 +2% |
| 2019 | $974 +2.8% | $79,069 +2% |
| 2018 | $948 +2.5% | $77,520 +2% |
| 2017 | $925 +1.9% | $76,001 +2% |
| 2016 | $907 +1.4% | $74,512 +1.5% |
| 2015 | $895 +1.4% | $73,393 +2% |
| 2014 | $882 | $71,956 +0.5% |
| 2013 | -- | $71,631 +2% |
| 2012 | -- | $70,228 +2% |
| 2011 | -- | $68,852 +0.8% |
| 2010 | -- | $68,338 -0.2% |
| 2009 | -- | $68,501 +2% |
| 2008 | -- | $67,158 +2% |
| 2007 | -- | $65,842 +2% |
| 2006 | -- | $64,552 +2% |
| 2005 | -- | $63,287 +2% |
| 2004 | -- | $62,048 +1.9% |
| 2003 | -- | $60,912 +2% |
| 2002 | -- | $59,719 +2% |
| 2001 | -- | $58,549 |
Find assessor info on the county website
Neighborhood: Ocean Beach
Nearby homes
- $1,887,8001 bd1 ba700 sqft5068 Niagara Ave, San Diego, CA 92107Off Market
- $1,340,6002 bd1 ba900 sqft5070 Niagara Ave, San Diego, CA 92107Off Market
- $1,452,0004 bd2 ba1.3k sqft5058-60 Niagara Ave, San Diego, CA 92107Off Market
- $1,454,5004 bd2 ba1.3k sqft5054-56 Niagara Ave, San Diego, CA 92107Off Market
- $3,000,0008 bd7 ba3.8k sqft5064-66 Niagara Ave, San Diego, CA 92107For Sale
- $2,950,000-- bd-- ba-- sqft5072-78 Niagara Ave, San Diego, CA 92107Off Market
- $--1 bd1 ba700 sqft50025 Niagara Ave #11, San Diego, CA 92107Off Market
- $--2 bd1 ba880 sqft5072 Niagara Ave #24, San Diego, CA 92107Off Market
Nearby schools
GreatSchools rating
- 10/10Ocean Beach Elementary SchoolGrades: K-4Distance: 0.4 mi
- 6/10Correia Middle SchoolGrades: 7-8Distance: 1.2 mi
- 9/10Point Loma High SchoolGrades: 9-12Distance: 1.7 mi
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
$2,142,900
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
$2,142,900
- California
- San Diego County
- San Diego
- 92107
- Ocean Beach
- 5068-70 Niagara Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other San Diego Topics
