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4329-31 Banning Street
Coastal South Ocean Beach 92107

$1,499,000
2-4 Units built: 1962

Main Photo: OCEAN BEACH Property for sale: 4329-31 Banning Street
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Status:
Active
Prop. Type:
2-4 Units
MLS® Num:
240028502
Year Built:
1962
Opportunity in Ocean Beach! This versatile property offers great potential for both living and investment. The front house features a 2-bedroom, 1-bathroom layout, perfect for a family or as a rental unit. The spacious upstairs 3-bedroom, 2-bathroom back unit offers generous living space and comes with the added benefit of paid-off solar panels, providing long-term energy savings. Below the 3-bedroom unit, a large garage with alley access presents the ideal opportunity for conversion into a third rental unit or additional living space, further enhancing the property's value. Located in the heart of desirable Ocean Beach, this property is just minutes from the beach, local shops, and restaurants, making it a fantastic investment or a flexible multi-family residence. Don’t miss out on this rare find with endless potential!
Lot Size:
4,000-7,499 SF
Number of Buildings:
2
Number of Units:
2
Year Built:
1962
Stories:
Other/Remarks
Market Area:
Coastal South
Community:
OCEAN BEACH
County:
San Diego
Neighborhood Code:
Ocean Beach
Name of Complex/Subdivision:
Ocean beach
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Cable TV, Electricity, N/K
Other income:
0
Annual expense actual:
0
Cap Rate.:
0.0
Gross Rent Multiplier:
0.0
Gross scheduled income:
0
Bedrooms for Unit 1:
2
Number of bathrooms for Unit 1:
1
Full Bathrooms for Unit 1:
1
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
0.0
Total Rent for Unit 1:
2200.0
Unit 1 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 1:
Common
Bedrooms for Unit 2:
3
Number of bathrooms for Unit 2:
2
Full Bathrooms for Unit 2:
2
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
0.0
Total Rent for Unit 2:
2850.0
Unit 2 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 2:
Common
Number of bathrooms for Unit 3:
0
Number of bathrooms for Unit 4:
0
Mendocino Blvd & Whittier St.
Exterior Features:
Brick, Stucco, Wood, Wood/Stucco
Cooling:
None
Number of Units with Cooling:
2
Number of Units with Dishwashers:
0
Number of Units with Dryers:
0
Number of Units with Fireplaces:
1
Number of Furnished Units:
2
Number of Units with Garages:
1
Number of Units with Patios:
0
Number of Units with Range/Oven:
2
Number of Units with Refrigerators:
2
Number of Units with Washers:
0
Roof:
Composition
Security:
N/K
Fencing:
Partial
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional, FHA, VA
Parcel Number:
449-102-07-00
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Listed by Team Z Realty
Data was last updated December 23, 2024 at 05:10 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$2,488,000
Min list price:
$1,299,000
Max list price:
$22,500,000
Avg days on market:
48
Min days on market:
9
Max days on market:
406
Avg price per sq.ft.:
$570.83
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego Multiple Listing Service, Inc.