Exceptional opportunity to own a well-positioned four-unit property in San Diego's Mountain View neighborhood, a thriving central area with rising rents and ongoing revitalization. Located just minutes from Downtown, Coronado, major freeways, and public transit, this location is highly accessible and attractive to San Diego's growing workforce. The property features two buildings on one lot. The front building is a single-story duplex with a 3 bedroom/1 bathroom unit and a 2 bedroom/1 bathroom unit. The back building is two stories with a 1 bedroom/1 bathroom unit on each floor. Combined, they provide approximately 2,600 square feet of living space on a 6,326 square foot lot, plus six parking spaces, shared coin laundry for residents, and recent exterior upgrades including fresh paint that makes for great curb appeal. Brand new water heater recently installed. All four tenants are month-to-month, giving you flexibility to adjust rents or make changes as you see fit. The current rents are below what the market can support, and with some interior updates, there's real potential to boost income significantly. You could see over 60% growth in rental income, making this a solid value-add play in an area where properties like this are hard to find. This is a turnkey investment with reliable income, room to grow, and a central San Diego location near everything. Perfect for seasoned investors or owner-users looking for long-term appreciation and strong cash flow.
Pending
$899,000
3540-44 Ocean View Blvd, San Diego, CA 92113
7beds
--sqft
Est.:
Multi Family
Built in 1944
-- sqft lot
$919,400 Zestimate®
$--/sqft
$-- HOA
What's special
Single-story duplexGreat curb appealSix parking spaces
- 5 days |
- 720 |
- 59 |
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 10:54am
Listed by:
Nick Rogers DRE #02068825 619-212-9968,
Coldwell Banker Realty
Source: SDMLS,MLS#: 250045264
Originating MLS: San Diego Association of REALTOR
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Other/Remarks
Cooling
- N/K
Interior area
- Total structure area: 0
Video & virtual tour
Property
Features
- Levels: 1 Story
- Fencing: Gate,Partial
Details
- Parcel number: 5462500700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood/Stucco
- Roof: Composition,Rolled/Hot Mop
Condition
- Year built: 1944
Community & HOA
Community
- Features: Laundry Facilities
- Security: N/K
- Subdivision: Mountain View (200)
HOA
- Services included: N/K
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $392,264
- Annual tax amount: $5,475
- Date on market: 12/5/2025
- Listing terms: Cash,Conventional
- Tenant pays: Other/Remarks
Estimated market value
$919,400
$873,000 - $965,000
$3,180/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Pending sale | $899,000 |
Source: | ||
| 12/5/2025 | Listed for sale | $899,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,475 +14.9% | $392,264 +2% |
| 2024 | $4,764 +2.3% | $384,573 +2% |
| 2023 | $4,658 +2.7% | $377,033 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,531/mo
Principal & interest
$4339
Property taxes
$877
Home insurance
$315
Climate risks
Neighborhood: Mountain View
Nearby schools
GreatSchools rating
- 2/10Emerson/Bandini Elementary SchoolGrades: K-6Distance: 0.5 mi
- 3/10Logan Memorial Educational CampusGrades: K-12Distance: 0.9 mi
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