$1,599,000
2 Bed
2 Bath
1,176
0.16 Acre Lot

4628 Del Monte Avenue, San Diego, California 92107

  • Residential Property Type
  • 1,176 Square Footage
  • Driveway Cars Garage
  • 1978 Year Built
Property Description

VIEWS VIEWS VIEWS!!! An exceptional opportunity for developers, investors, and anybody looking to build their DREAM home on one of the best blocks in the desirable Ocean Beach surf town. This expansive 7,000 sq ft lot is one of the few remaining open parcels in Ocean Beach, offering incredible potential in one of San Diego’s most coveted coastal communities. Located just minutes from the beach, Sunset Cliffs, and all the charm of downtown OB.

The existing home could use some TLC or complete redevelopment, making it a true blank canvas ready for vision. With alley access and a flat, usable footprint, the lot provides design flexibility for a range of possibilities: a custom single-family residence with outdoor space and parking, or a multi-unit build for long-term rental income or resale. The existing home being perfectly positioned on the back of the lot, with a 4 garage spaces underneath the house along the alley, allows for a plethora of options for the front of the lot. Add a second story and you will have unbelievable unobstructed ocean views as we are over 1 story above the lot to the West.

Whether you’re a seasoned developer, investor looking for your next project, or somebody looking to own a piece of the beach life, this is the opportunity of a lifetime. Due to the favorable RM-1-1 zoning, there are many different development strategies including, splitting the lot and building two slot homes, rehabbing the back house and adding at least 3 more units, or building your dream home and keeping the back house for additional income potential.

Don’t miss one of the last true buildable lots in Ocean Beach — bring your vision and unlock the full potential of this unique coastal property.

If this isn’t a good fit for you, VERTIGO REAL ESTATE VENTURES constantly has new investment opportunities. Please call (619) 374-4019 to see active inventory!

Basic Details
Residential
For Sale
PT25178635
$1,599,000
Bay,City Lights,Coastline,Hills,Neighborhood,Ocean,Panoramic,Water
2
2
1,176
1978
0.16 Acre
Active
2
Single Family Residence
Features
: None
: None
: Family Room
: Deck
: Driveway, Garage, Direct Access, Door-Multi, Oversized, Private
: Main Level Primary, Balcony
: Washer Hookup, Gas Dryer Hookup
: Public Sewer
: Double Pane Windows
$0
Address Map
CA
San Diego
San Diego
Ocean Beach
92107
Del Monte
4628
Avenue
Use Google Maps
92107 - Ocean Beach
RM-1-1
Neighborhood
San Diego Unified
Additional Information
$0
$0
$0
$0
$0
1
: Park, Urban, Dog Park, Hiking, Fishing
: Block
1
4.0
: Two
: 0-1 Unit/Acre, Front Yard, Yard, Near Park, Rectangular Lot, Lawn, Level, Near Public Transit, Street Level
1
2025-08-08
2
1
: Public
Broker/Agent Information
Premier Realty Associates
Jakob Hedger
Listing Information
PT818996
PT87435
Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae,VA Loan
Active
2025-08-09T13:37:10Z
CRMLS
: Standard
2025-08-08T16:30:50Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069