4341-43 Banning St, San Diego, CA 92107 - Berkshire Hathaway HomeServices California Properties
4341-43 Banning St San Diego, CA 92107
$1,695,000 5 beds, 3 baths
1, 832 sqft

Agent Remarks

Located in one of San Diego’s most supply-constrained coastal markets, this 3-unit asset presents a rare opportunity to unlock value in the heart of Point Loma and Ocean Beach. The property includes two upgraded 2BD/1BA units and one unrenovated 1BD/1BA unit—providing immediate upside through renovation and market-rate leasing. Zoned RM-2-5 and featuring an attached garage, there’s potential for ADU development or expanded living space, enhancing long-term yield. With current rents below market, investors can capitalize on repositioning through targeted improvements and optimized operations. Just blocks from the beach, this location benefits from strong tenant demand, walkable access to top-rated restaurants, retail, and schools, and proximity to Liberty Station, Point Loma, San Diego International airport, and downtown. Whether you’re looking to live in one unit and rent the others or fully lease the property for consistent income, this is a high-performing coastal hold with strategic growth potential in a tight rental corridor.

Listing Details

Property type: 2-4 Units (Multi-family)
Status: ACTIVE
MLS# 250029471
List price is $1,695,000
Beds: 5
Baths: 3 (3 full)
Built in 1986
1,832 sqft
2 stories
0.09 acres
Lot size: 1-3,999 SF
Topography: Level
County: San Diego
Zoning: RM2-5
Exterior features: Wood
Heating description: Forced Air Unit
MLS area: OCEAN BEACH (92107)

Last Updated: 6/13/2025

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This listing belongs to the OCEAN BEACH (92107) MLS area

Lat/Long: 32.746113, -117.235288.
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Listing Agent: Joseph D Silva
Co Listing Agent: Aurmon Banitaba
Lic#: 01234982
Office Name: Mission Viejo

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