4341 43 Banning St new Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92107
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 250029471SD
HOA Y/N No
Year Built 1986
Lot Size 3,898 Sqft
Property Description
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.
Location
State CA
County San Diego
Area 92107 - Ocean Beach
Zoning RM2-5
Interior
Heating Electric,Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Pool None
View Y/N No
Roof Type Composition
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4491020500
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan