4851 Narragansett Ave, OCEAN BEACH, CA

$3,599,000

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7

Beds

7

Baths

0.16

Acres

About 4851 Narragansett Ave

Updated 4-unit in Ocean Beach, only 2.5 blocks from the sand! Each unit has its own 2 car garage, separate electrical & water meters, separate addresses, & laundry hook-ups. This versatile compound includes a 3BR/2BA front home, a detached updated large Studio, & two mirror-image 2BR/2BA townhomes. 8 bedrooms total and a stellar outdoor area with garden setting. Each unit has a 2- car garage, and separate electrical & water meters, and in-unit laundry hookups, making this an exceptional income property or multi-generational living opportunity. || Unit 1: 3BR/2BA Single-Family Home (Approx. 1,100 sq ft): Features central AC , beautiful hardwood flooring, ample cabinetry, quartz countertops, newer appliances, updated lighting, and fresh paint. The large driveway provides 4 extra parking spaces. || Units 2 & 3 :Two Updated 2BR/2BA Townhomes: Each townhome features high vaulted ceilings, modern kitchens & baths, large private patios indoor laundry hookups, & additional storage. Believed to have been built to condo specifications, offering potential for separate resale. || Unit 4 : Detached Updated Studio: Perfect as a guest unit, rental, or in-law suite. || Additional highlights include 2 EV chargers, easy walking access to beach, shopping, & dining. A built-in laundry room for cleaning crews or shared machines. Additional Storage shed for beach chairs & umbrellas. Currently operated as a high-performing Airbnb attracting wedding groups, corporate stays, and family vacationers.

Features of 4851 Narragansett Ave

MLS® # 250044828
Price $3,599,000
Bedrooms 7
Bathrooms 7.00
Full Baths 7
Acres 0.16
Year Built 1970
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 4851 Narragansett Ave
Area OCEAN BEACH (92107)
Subdivision Ocean Beach
City OCEAN BEACH
County San Diego
State CA
Zip Code 92107

Amenities

View City,Evening Lights
Is Waterfront No
Has Pool No
Pool N/K

Interior

Heating Forced Air Unit
Cooling Central Forced Air,Wall/Window
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Alley Access,West of I-5
Roof Other/Remarks
Construction Stucco

Additional Information

Date Listed November 29th, 2025
Days on Market 75
Zoning R-4:MULTIP
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeThe Agency

Listing Map

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