$1,695,000
0.09 Acre Lot

4341 43 Banning St, San Diego, California 92107

  • Residential Income Property Type
  • 1986 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
250029471SD
$1,695,000
1986
0.09 Acre
Active
: Composition
Features
: None
: Electric, Forced Air
: Wall/Window Unit(s)
$0
Address Map
CA
San Diego
San Diego
Ocean Beach
92107
Banning St
4341 43
CrossStreet: Mendocino Blvd
92107 - Ocean Beach
RM2-5
Additional Information
$0
$0
$0
$0
$0
: Two
3
2025-06-03
N/A
2
2
https://www.propertypanorama.com/instaview/snd/250029471
Broker/Agent Information
CCG RE Investment Services Inc
Joseph Silva
Listing Information
Aurmon Banitaba
SAND-696297
SAND-993322
CCG RE Investment Services Inc
SAND-706607
SAND-993322
Cash,Conventional,FHA,VA Loan
Active
2025-06-13T17:32:38Z
CRMLS
2025-06-03T17:00:00Z
Agent info
Ray Millman
Mortgage Calculator
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069