Price Reduction - Water Views
Address
5157 59 Muir Ave, San Diego, CA
Price
$ 1,449,000
Property Attributes
- MLS#260022053SD
- TypeMulti-Family
- Listing Status Active
- CountySan Diego
- CitySan Diego
- Area Ocean Beach
- NeighborhoodOcean Beach
- Zip92107
- Style
- Year Built1953
- Price$ 1,449,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Lot Size0.069 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
Just one-half block from the beach and directly across from Ocean Beach Dog Beach, 5157-59 Muir Avenue presents a rare opportunity to own a versatile coastal duplex in one of San Diego’s most iconic neighborhoods. Whether you're seeking a strong rental asset, an owner-occupied property with income from the second unit, or a future development opportunity, this property offers multiple paths to maximize its value. Positioned on an RM-2-4 zoned lot, the property offers the potential to build up and capture sweeping Pacific Ocean views, creating the opportunity for an exceptional ocean-view coastal retreat. The existing two-unit configuration provides immediate flexibility and long-term upside for the savvy buyer. The front 1 bedroom, 1 bath cottage is currently operating as a sought-after vacation rental and features a modern kitchen, quartz countertops, stainless appliances, mini-split AC, built-in bedroom storage, and approximately 375 SF of additional front patio space for entertaining, dining al fresco, or an outdoor garden. The rear 2 bedroom, 1 bath residence features an updated kitchen, spacious backyard, and a private view deck with approximately 250 SF outdoor entertaining space and beautiful ocean views. Adding even more value are 2 dedicated parking spaces directly in front of the property, and laundry, a rare convenience in Ocean Beach. From the sand and surf to Newport Avenue’s eclectic shops, restaurants and bars, Voltaire Street, and the beloved Ocean Beach farmers market, the location puts the best of the neighborhood right outside your door.
| Price History | |
|---|---|
| 9/9/2026 | Listed $1,499,000 |
| 9/28/2026 | 3$1,449,000 |
General Features
| Heating | Electric,Forced Air,Natural Gas |
|---|---|
| Cooling | Central Air |
| Roof | Composition |
| Zoning | R-4:MULTIP |
| Year Built | 1953 |
| Tenant Pays | Electricity |
| View | Ocean |
| Stories Count | 1 |
| Levels | One |
| County | San Diego |
| Net Operating Income | 73710 |
| Property Type | Residential Income |
| Subdivision Name | Ocean Beach |
| Status | Active |
| Directions | Sunset Cliffs Blvd to Santa Monica Ave, then south on Muir Ave. Property is on the right. CrossStreet: Muir Ave & Santa Monica Ave |
| City | San Diego |
| Senior Community Y/N | false |
| Number Of Units Total | 2 |
| MLS Area | 92107 - Ocean Beach |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 3006 |
| Listing Terms | Cash,Conventional,VA Loan |
| Virtual Tour | https://www.propertypanorama.com/instaview/snd/260022053 |
| Standard Status | Active |
| Cap Rate | 5.08 |
| PostalCity | SAN DIEGO |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Lot Size Area | 3006 |
|---|---|
| Park Name | N/K |
| Number of Buildings | 1 |
| Spa | false |
| Lot Size Acres | 0.069 |
| Lot Size Source | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 92107
Price
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 29, 2026 3:13 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
