Exceptional development opportunity in prime Ocean Beach! Located just one property away from the oceanfront, this RM2-4 zoned property is mostly level and situated on a rare corner lot with street and alley access. Occupying just a fraction of this lot's potential is an existing 2-story duplex with 1BR plus office/1BA downstairs and 1BR/1BA upstairs. Alley corridor ocean views from upstairs and shared laundry shed downstairs! Both units have approximately 660sf of living space and are in need of repair and updating. Existing building sits elevated off street at back of the lot and has two uncovered driveway parking spaces. Amazing location within walking distance to Ocean Beach business district, restaurants, coffee shops, OB Pier and Sunset Cliffs. Great potential for savvy buyer to develop this lot into a spectacular single family home or 2 new units!
Sold for $1,875,000 on 07/24/23
$1,875,000
5059-2 Del Monte Ave, San Diego, CA 92107
2beds
2baths
--sqft
Multi Family
Built in 1938
-- sqft lot
$2,450,400 Zestimate®
$--/sqft
$4,176 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 24, 2023 at 04:15pm
Listed by:
Steven E Cairncross DRE #00859218 858-859-3370,
Berkshire Hathaway HomeServices California Properties,
Lisa Perich DRE #01489346 619-865-1022,
Berkshire Hathaway HomeServices California Properties
Bought with:
Matthew Tovey, DRE #02014449
Berkshire Hathaway HomeServices California Properties
Source: SDMLS,MLS#: 230011041
Originating MLS: San Diego Association of REALTOR

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Wall/Gravity, Other/Remarks
Cooling
- N/K
Features
- Number of fireplaces: 1
Interior area
- Total structure area: 1,320
Property
Features
- Levels: 2 Story
- Pool features: N/K
- Spa features: N/K
- Fencing: Partial
- Has view: Yes
- View description: Ocean, Other/Remarks
- Has water view: Yes
- Water view: Ocean
- Frontage type: N/K
Lot
- Size: 6,534 sqft
- Dimensions: 44 x 145
Details
- Zoning: R-4
- Zoning description: R-4
- Special conditions: N/K
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood/Stucco
- Roof: Composition
Condition
- Year built: 1938
Utilities & green energy
- Water: Available, Meter on Property
- Utilities for property: Sewer Connected
Community & neighborhood
Security
- Security features: N/K
Community
- Community features: N/K
Location
- Region: San Diego
- Subdivision: OCEAN BEACH
HOA & financial
HOA
- Services included: N/K
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
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Estimated market value
$2,450,400
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
$2,450,400