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Executive Summary

Rare opportunity to acquire a fully entitled luxury coastal development in the heart of Ocean Beach. The property is being marketed exclusively for its approved development potential. Approved plans include a thoughtfully designed three-residence project totaling approximately 4,191 SF with 7 bedrooms and 6.5 bathrooms. The development features a 2,052 SF front residence (4BR/3.5BA), a 1,771 SF rear residence (3BR/2.5BA), and a 368 SF attached studio ADU above the rear carport. Both primary residences include private rooftop decks designed for entertaining with spa, outdoor kitchen, lounge areas, and fire feature. The architecture showcases timeless modern coastal design with white exterior finishes, black-framed windows, natural cedar accents, glass railings, and premium detailing. Ideally located just minutes from Ocean Beach, Sunset Cliffs, Point Loma, Liberty Station, and Newport Avenue's shops and restaurants. A premier opportunity for developers, builders, or investors seeking a fully entitled project in one of San Diego's most supply-constrained coastal neighborhoods.

Property Facts

Price $2,495,834 CAD
Price Per Unit $831,945 CAD
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Lot Size 0.13 AC
Building Size 4,191 SF
Average Occupancy 100%
No. Stories 1
Year Built 2026

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+3.5 1 - 2,052
3+2.5 1 - 1,771
Studios 1 - 368
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
448-212-19
Land Assessment
$1,603,887 CAD
Improvements Assessment
$198,298 CAD
Total Assessment
$1,802,185 CAD
  • Listing ID: 41607530

  • Date on Market: 2026-08-08

  • Last Updated:

  • Address: 4937 4937-39 Muir, San Diego, CA 92107

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