4341-43 Banning St San Diego, CA 92107
5 bed / 3 bath / 1,832 Sq. Ft. / 3,898 Sq. Ft., 3,898 sq. ft. lot size / Multi-Family
Status: Sold
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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.
property details
Type
Multi-Family
Status
Closed
County
San Diego
Year Built
1986
Beds
5
Full Baths
3
Sq. Ft.
1,832
Lot Size
3,898 Sq. Ft., 0.1 acres
Listing Id
250029471
Courtesy Of
Joseph Silva - CCG RE Investment Services Inc +1 858 277 3325
List Office Phone
+1 408 772 6307
Subdivision
OCEAN BEACH
Interior Features
Living Area Units
Sq. Ft.
Full Baths
3
Bathrooms Total
3
Exterior Features
Roof
Composition
Stories
2
Utility & Building Info
Parcel Number
449-102-05-00
Cooling
Window/Wall Unit
Heating
Electric Heating
Forced Air
Forced Air
Building Area Total
1,832 Sq. Ft.
Price Per Sq Ft
$871
Architectural Style
2 Story
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Price History
| date | event | price | source |
|---|---|---|---|
|
09/04/2025
09/04/2025
|
Sold |
$1,595,000
|
Sandicor MLS |
|
08/06/2025
08/06/2025
|
Pending |
$1,595,000
|
Sandicor MLS |
|
07/25/2025
07/25/2025
|
Active |
$1,595,000
|
Sandicor MLS |
|
06/04/2025
06/04/2025
|
Active |
$1,695,000
|
Sandicor MLS |
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Market Trends
Source: Constellation1
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