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 3bedrooms 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 atownhouse-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 aninvestor to significantly increase value and create substantial forced equity. A major highlight is the 17 underground garage parking spaces—an uncommon andhighly valuable amenity in Point Loma. Situated in a prime, central location with easy access to beaches, dining, and local amenities, this asset combines immediateincome with long-term redevelopment potential. Photos contain virtual staging. Continued Property Management available upon request. Call for more info.
- Heating System:
- Central Forced Air Gas
- Parking:
- Spaces, Underground
- Flooring:
- Slab
- Laundry Features:
- Owned
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Zipcode:
- 92107
- Street:
- Point Loma Blvd
- Street Number:
- 4930
- Longitude:
- W118° 45' 19.9''
- Latitude:
- N32° 45' 7.3''
- Mls Area Major:
- Coastal South
- Street Dir Prefix:
- W
- Office Name:
- Compass
- Agent Name:
- Kaylee N Roche
- Building Size:
- 10162
- Community Features:
- None
- Construction Materials:
- Stucco
- Levels:
- 2 Story
- Number Of Units Total:
- 7
- On Market Date:
- 2026-05-04
- Stories:
- 2
- Virtual Tour:
- https://www.propertypanorama.com/instaview/snd/260010773
- Co List Agent Full Name:
- Derek Kaptanoglu
- Co List Agent Mls Id:
- 708259
- Co List Office Mls Id:
- 8355
- Co List Office Name:
- Compass
- List Agent Mls Id:
- 705394
- List Office Mls Id:
- 991248
- Listing Term:
- Cash,Cash to New Loan
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-05-07T20:44:08Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
4930 W Point Loma Blvd, San Diego, CA 92107
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 260010773
- Price :
- $8,200,000
- Bedrooms :
- 21
- Bathrooms :
- 21
- Half Bathrooms :
- 7
- Square Footage :
- 10,162
- Status :
- Active
- Full Bathrooms :
- 14
- Property Sub Type :
- Com-Res Income
- Roof:
- Tile