Exceptional investment opportunity in the heart of Point Loma, just a short walk to Ocean Beach. This rare 7-unit property offers strong upside potential as a condo conversion project in one of San Diego’s most desirable coastal neighborhoods. Each spacious unit features approximately 1,450 sq ft of living space with 3 bedrooms and 2.5 bathrooms, and six of the seven units include an additional den—ideal for home offices or flex space. All units are two-story layouts, providing a townhouse-style feel that is highly attractive to future buyers. The property is currently fully occupied, with stable tenancy in place, and can be delivered vacant, offering flexibility for investors or developers. While the units are fully livable in their current condition, they present a prime opportunity for renovation—allowing an investor to significantly increase value and create substantial forced equity. A major highlight is the 17 underground garage parking spaces—an uncommon and highly valuable amenity in Point Loma. Situated in a prime, central location with easy access to beaches, dining, and local amenities, this asset combines immediate income with long-term redevelopment potential.
MLS #
SD260007321
MLS Source
San Diego MLS
Days on Site
3
Flooring
Ceramic Tile, Concrete, Hardwood, Other
Heating
Central Forced Air - Gas
Roof
Tile
Garage/Parking
Other, Garage: Car(s)
Listing Agent
Kaylee Roche
Allison James Estates & Homes
License #: 02215369
Phone: (760) 385-5589
Co-Listing Agent
Jennifer Conklin
License #: 01711183
Phone: (951) 675-1331
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 7 | 7 |
4930 W Point Loma Blvd is a Residential Income in San Diego, CA 92107. This – square foot property sits on a 0.31 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $8,200,000 and was built in –. This address can also be written as 4930 W Point Loma Blvd, San Diego, CA 92107.
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This listing information is up-to-date as of March 30, 2026. For the most current information, please contact Kaylee Roche, (760) 385-5589