4985 Narragansett Ave

$2,595,000
Price
4
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Smell the Salt! South Ocean Beach Triplex only a super short block to beaches & pier, half a block to live music, award-winning (dog-friendly!) restaurants and shopping. 3 units consisting of (1) 2 bedroom-2 full bath, and (2) 1 bedroom, 1 bath spacious units, all with direct entry, private yards, upgraded windows, granite counters, independent electric meters, 2 separate One-car garages +3 On-Site spaces. Locomotion at its finest! Check out short term values. Nearby: Robb Sports Field, Dog Beach,...Smell the Salt! South Ocean Beach Triplex only a super short block to beaches & pier, half a block to live music, award-winning (dog-friendly!) restaurants and shopping. 3 units consisting of (1) 2 bedroom-2 full bath, and (2) 1 bedroom, 1 bath spacious units, all with direct entry, private yards, upgraded windows, granite counters, independent electric meters, 2 separate One-car garages +3 On-Site spaces. Locomotion at its finest! Check out short term values. Nearby: Robb Sports Field, Dog Beach, Sunset Cliffs, Short drive to San Diego International Airport), Balboa Park, Mission Bay, Mission Beach, La Jolla Shores, Torrey Pines Hiking & Golf Courses. [Buyer to verify all].
  1. Listed by Natalie Harris • DRE #01270748 • Brokerage DRE #00889834 • Coldwell Banker West

Property Details for 4985 Narragansett Avenue

Cross Streets
BACON
Source Living Area
Assessor
Area
Ocean Beach (OCB)
Lot Size Area
6000
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
4481723000
LISTING UPDATED: 12/09/2025 11:08 PM

Property Details for 4985 Narragansett Avenue

StatusActive
MLS #250042409SD
Days on Market61
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.14 AC / 6,000 SF
CountySan Diego County

Location

Listing Courtesy of Coldwell Banker West, Natalie Harris, DRE #01270748
Add your commute

Building Information for 4985 Narragansett Avenue

Stories1Residences-Year Built1948Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$12,823 per month

30 year fixed, 6.28% Interest

Principal and Interest

$12,823

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4985 Narragansett Avenue

Community / Development
Community / Development
  • Complex Name: SAN DIEGO
  • Number Of Units: 3
  • Association Fees Include: N/K
  • Builders Tract Name: OCEAN BEACH
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: Yes
  • View Description: Other
  • Security Features: Leased
  • Water: Meter on Property
  • Sewer: Sewer Connected
  • Water Heater Features: Electric, Gas
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $89,260.00
  • Gross Scheduled Income: $100,560
  • Cap Rate: 3.10%
  • Gross Rent Multiplier: $28.00
  • Other Income1: $.00
  • Total Annual Expense: 11300
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Description: Sidewalks, Street Paved, West of I-5
  • Lot Location: Corner Lot, Other/Remarks
Parking Details
Parking Details
  • Parking Garage: None, None Known
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Electric, Forced Air, Natural Gas
  • Heating Type: Electric, Forced Air, Natural Gas
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Composition
  • Fence: Partial
  • Sprinklers: Automatic, Sprinkler System
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional, Exchange, FHA, VA
  • Tenant Pays: Electricity, Gas/Propane, Water
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Rent: $2,450.00
  • Unit Actual Rent: $2,450.00
  • Unit Projected Rent: $2,850.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Rent: $2,335.00
  • Unit Actual Rent: $2,335.00
  • Unit Projected Rent: $2,850.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Rent: $3,595.00
  • Unit Actual Rent: $3,595.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108

Property History for 4985 Narragansett Avenue

DateEvent & SourcePriceAppreciation
Nov 4, 2025

Price Change

CLAW #250042409SD

$2,595,000
Oct 23, 2025

Listed (Active)

CLAW #250042409SD

$2,850,000
Oct 20, 2025

Expired

CLAW #250034880SD

Jul 29, 2025

Listed (Active)

CLAW #250034880SD

$2,850,000
DateEvent & SourcePrice
11/04/2025

Price Change

CLAW #250042409SD

$2,595,000
10/23/2025

Listed (Active)

CLAW #250042409SD

$2,850,000
10/20/2025

Expired

CLAW #250034880SD

07/29/2025

Listed (Active)

CLAW #250034880SD

$2,850,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4985 Narragansett Avenue

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ocean Beach Elementary School
PublicK to 4

Dana Middle School
Public5 to 6

Correia Middle School
Public7 to 8

Point Loma High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4985 Narragansett Avenue is a multi-family home for sale in San Diego, CA 92107. This property was listed for sale on October 23, 2025 by Coldwell Banker West, it's currently listed at $2,595,000. This listing's school district is San Diego Unified School District. Nearby schools include Ocean Beach Elementary School, Dana Middle School and Correia Middle School. 4985 Narragansett Avenue is a 4-bed, 4-bath, multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker West, Natalie Harris, DRE #01270748

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