Located in one of San Diego’s most supply-constrained coastal markets, this 3-unit asset presents a rare opportunity to unlock value in the heart of Point Loma and Ocean Beach. The property includes two upgraded 2BD/1BA units and one unrenovated 1BD/1BA unit—providing immediate upside through renovation and market-rate leasing. Zoned RM-2-5 and featuring an attached garage, there’s potential for ADU development or expanded living space, enhancing long-term yield. With current rents below market, investors can capitalize on repositioning through targeted improvements and optimized operations. Just blocks from the beach, this location benefits from strong tenant demand, walkable access to top-rated restaurants, retail, and schools, and proximity to Liberty Station, Point Loma, San Diego International airport, and downtown. Whether you’re looking to live in one unit and rent the others or fully lease the property for consistent income, this is a high-performing coastal hold with strategic growth potential in a tight rental corridor.null
For sale
Price cut: $100K (7/25)
$1,595,000
4341-43 Banning St, San Diego, CA 92107
5beds
3baths
--sqft
Est.:
Multi Family
Built in 1986
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Attached garageBlocks from the beach
- 59 days
- on Zillow |
- 1,309 |
- 105 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 04:30pm
Listed by:
Joseph D Silva DRE #02158753 559-967-5913,
CCG RE Investment Services Inc,
Aurmon Banitaba DRE #02040003 408-772-6307,
CCG RE Investment Services Inc
Source: SDMLS,MLS#: 250029471
Originating MLS: San Diego Association of REALTOR

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air Unit
Cooling
- Wall/Window
Interior area
- Total structure area: 1,832
Video & virtual tour
Property
Features
- Levels: 2 Story
- Pool features: N/K
- Spa features: N/K
- Fencing: Full
Lot
- Size: 3,920.4 Square Feet
Details
- Parcel number: 4491020500
- Zoning: RM2-5
- Zoning description: RM2-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood
- Roof: Composition
Condition
- Year built: 1986
Utilities & green energy
- Utilities for property: Sewer Connected
Community & HOA
Community
- Security: N/K
- Subdivision: OCEAN BEACH
HOA
- Services included: N/K
Location
- Region: San Diego
Financial & listing details
- Date on market: 6/4/2025
- Listing terms: Cash,Conventional,Exchange,FHA,VA
- Tenant pays: Electricity, Gas/Propane, Water
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