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Millman Team Real Estate

$7,700,000

4649 Voltaire Street, San Diego, California 92107

  • Commercial Sale Property Type
Property Description

Twin Cypress is an exceptionally well-maintained 18-unit apartment community located in the highly desirable coastal neighborhood of Ocean Beach, San Diego. The gated property features a balanced mix of one- and two-bedroom apartment homes surrounding a large courtyard. Professionally managed by Torrey Pines Property Management for approximately 40 years, Twin Cypress has benefited from consistent ownership and proactive maintenance, including a recently installed fire alarm system with notification devices in each apartment. The property offers spacious, functional floor plans and a straightforward value-add opportunity through cosmetic kitchen and common area upgrades. The current pro forma market rents assumes no significant interior or exterior renovations and no capital expenditures beyond customary unit-turnover costs. Additional improvements to the building exterior and common areas would further enhance the property’s appeal and support rental rates above the stated projections. Residents enjoy walkable access to Ocean Beach’s eclectic mix of boutique shopping, local cafés, and restaurants, including Pizza Port, Hodad’s, Newbreak Coffee and OB Surf Lodge. The property is also walking distance from the iconic Ocean Beach Pier, weekly Farmers Market, and sandy beaches, offering an authentic coastal lifestyle that continues to drive strong renter demand.

Basic Details
Commercial Sale
For Sale
260018709SD
$7,700,000
Active
Mixed Use
Features
$0
Address Map
CA
San Diego
San Diego
92107
Voltaire Street
4649
W118° 45' 33.7''
N32° 44' 53''
92107 - Ocean Beach
Additional Information
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$0
18
2026-07-31
Broker/Agent Information
Eric D. Comer, Broker
Eric Comer
Listing Information
SAND-625294
SAND-8042
Active
2026-07-31T16:31:45Z
CRMLS
2026-07-30T17:00:00Z
Agent info
Ray Millman
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