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Rare Ocean Beach Duplex – First time on market in 45 years! This prime multi-unit property offers incredible investment potential in one of San Diego’s most desirable coastal communities. Two separate homes on one lot. The front house is 2-bed/1-bath, recently vacated and ready for an owner-occupant or new tenant. The back house is also 2-bed/1-bath, providing additional possibilities for future use. Multi-unit residential zoning offers flexibility for potential expansion or upgrades. Situated just three blocks from the beach, this location is unbeatable. Enjoy the laid-back coastal lifestyle. Ocean Beach is a high-demand rental market, making this an ideal investment for long-term appreciation. Opportunities like this don’t come around often! A rare chance to own a multi-unit property in one of San Diego’s most desirable coastal communities! Whether you're an investor looking to maximize rental income, a homeowner wanting to live in one unit while holding the other for future use, or a developer exploring new possibilities, this property offers endless potential. Located just three blocks from the beach, this two-home property consists of a 2-bedroom, 1-bath front house that was recently vacated, offering immediate flexibility for an owner-occupant or a new tenant. The back house is also a 2-bedroom, 1-bath, providing additional possibilities for future use. With multi-unit residential zoning, there may be opportunities to enhance or expand the property (buyer to verify with the city). Ocean Beach (OB) is one of San Diego’s most vibrant and sought-after beach communities, offering a laid-back lifestyle, strong rental demand, and unbeatable location. Residents love the walkability to Newport Avenue’s eclectic mix of restaurants, cafés, and local boutiques, the famous OB Pier, and the city’s best weekly farmers’ market. Outdoor enthusiasts can enjoy surfing, biking, and endless coastal trails, while investors recognize OB as an appreciating real estate market with consistent demand. With limited coastal inventory and a high-demand rental market, this property presents a fantastic opportunity for a long-term hold, value-add upgrades, or future redevelopment. Opportunities like this don’t come up often in one of San Diego’s most iconic beachside neighborhoods.
Listing agent: Carol Stanford DRE #01390529 carol@carolstanford.com, Listing office: eXp Realty of California, Inc
MLS data updated 11/1/2026, 6:48:46 PM PT
Source: CRMLS, MLS #: 250020531SD
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 26, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,333,500Closed sale · Mar 26, 2025ZIP 92107 · Mar 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.