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!
Sold for $1,750,000 on 08/29/25
Listing Provided by:
Jakob Hedger DRE #02204993 916-740-0102,
Premier Realty Associates
$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
$1,588,600 Zestimate®
$1,488/sqft
$4,938 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 01, 2025 at 07:14pm
Listing Provided 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#: PT25178635
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
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 sqft
- 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 & neighborhood
Community
- Community features: Dog Park, Fishing, Hiking, Urban, Park
Location
- Region: San Diego
- Subdivision: Ocean Beach
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae,VA Loan
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
$1,588,600