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Investment Highlights

  • Owner-User or Investor Opportunity
  • La Jolla School District
  • Front Yard and the Ability to Build More Units
  • Possibility to Convert 540SF Attached Garage into an ADU
  • Walking Distance to the Beach with Plenty of Onsite Parking
  • Ask Us About the Entire Portfolio that Includes 4 Duplex Properties Throughout North PB

Executive Summary

The Franco Realty Group is proud to exclusively present a 2-unit multifamily complex for sale located at 4980-4982 La Jolla Blvd, San Diego, CA 92109. Built in the 1950's, the property contains approximately 1,824 square feet of rentable space situated on a ±6,771 square foot lot, providing a well-located coastal housing investment with long-term appreciation potential. Please note that the 1,824 SF does not include an additional 540 SF attached garage. The attached garage could possibly be converted into an ADU. The property features a combined total of four bedrooms and two bathrooms across two residential units with an attached garage, offering flexibility for long-term rental income in a neighborhood characterized by strong housing demand and limited multifamily supply. The current tenants are on month to month lease agreements.
Located in Pacific Beach with La Jolla School District, in one of San Diego’s most desirable coastal neighborhoods, the property sits just two blocks in from the famous Law Street Beach. This exclusive location is a short walk to restaurants, cafés, nightlife, and the beach boardwalk, making it highly attractive to renters and vacation visitors. With strong demand for coastal housing and limited supply near the shoreline, Pacific Beach continues to be one of San Diego’s most active rental and investment markets.

Property Facts

Sale Type Investment
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Garden
Building Size 1,827 SF
No. Stories 1
Year Built 1956
Parking Ratio 2.74/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 - 912
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 39838194

  • Date on Market: 2026-03-19

  • Last Updated:

  • Address: 4980-82 La Jolla Blvd, San Diego, CA 92109

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