931-939 Ocean Ave

Del Mar, CA 92014

$19,998,000
Price
5
Beds
5
Baths
2,870 Sq. Ft.
$6,968 / Sq. Ft.
2,870
Sq. Ft.
$6,968
per Sq. Ft.
Listed By Compass
Listed By Compass
a view of an ocean and beach
a view of a yard in front of the house
a view of lake and mountain
a view of an ocean and beach
a front view of a house with garden
a view of a town with many houses
a view of a house with a yard
a front view of a house with a yard
a view of a chairs and table on the terrace
a view of an house with backyard and sitting area
a living room with stainless steel appliances furniture a fireplace and a kitchen view
a living room with furniture a large window and a fireplace
a kitchen with stainless steel appliances kitchen island granite countertop a stove a sink dishwasher a refrigerator and white cabinets with wooden floor
a living room with furniture and large windows
a living room with stainless steel appliances granite countertop furniture a couch a fireplace and a large window
a living room with furniture a large window and a chandelier
a bed room with a bed and a book shelf
a bathroom with a granite countertop sink a toilet and a mirror
a bathroom with a granite countertop sink toilet and shower
a living room with furniture
a bedroom with bed and window
an aerial view of residential houses with outdoor space and trees
a view of an ocean and beach

Description

A Once-in-a-Lifetime Opportunity to purchase the 5 Iconic & Legendary Cottages of Del Mar (est 1886). For the first in decades, a truly extraordinary multi-unit property is being offered in Del Mar – and it is nothing short of Legendary. Located in a Super Prime, Iconic Oceanfront setting, this rare offering features Five (5) Luxury Cottages perched atop over 180 Feet of Dramatic Bluff Frontage. Originally built in the 1880’s, these historic cottages are a treasured piece of Del Mar’s storied past....A Once-in-a-Lifetime Opportunity to purchase the 5 Iconic & Legendary Cottages of Del Mar (est 1886). For the first in decades, a truly extraordinary multi-unit property is being offered in Del Mar – and it is nothing short of Legendary. Located in a Super Prime, Iconic Oceanfront setting, this rare offering features Five (5) Luxury Cottages perched atop over 180 Feet of Dramatic Bluff Frontage. Originally built in the 1880’s, these historic cottages are a treasured piece of Del Mar’s storied past. Each of the 5 residences have a charming coastal vibe perfect floorplan as a one-bedroom loft layout, approximately 700 square feet in size, blending timeless character with Breathtaking Ocean Views. Opportunities like this – to own multiple Oceanfront units on one of Del Mar’s most coveted stretches of coastline – simply do not come around. Whether you preserve their historic charm or create a new legacy, this is a Once-in-a-Generation Chance to secure a remarkable piece of Southern California’s Coastal History.

Listing Agent

  1. Craig Lotzof

    Craig Lotzof

    Listing Agent

    Compass

    DRE #01211688

    craig.lotzof@compass.com

    P: (858)-243-4071

    CallTextEmail

Property Details for 931-939 Ocean Avenue

Parking Garage
Spaces
Area Zip
DEL MAR (92014)
Standard Status
Active
LISTING UPDATED: 11/07/2025 01:51 PM

Property Details for 931-939 Ocean Avenue

StatusActive
MLS #250026018
Days on Market227
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income / Com-Res Income
Year Built-
Lot Size0.18 AC / 8,004 SF
CountySan Diego County

Location

Listing Courtesy of Compass, Craig Lotzof, DRE #01211688
Add your commute

Building Information for 931-939 Ocean Avenue

Stories2Residences5Year Built-Building Size-Lot Size0.18 AC / 8,004 SF

Payment Calculator

$98,817 per month

30 year fixed, 6.28% Interest

Principal and Interest

$98,817

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 931-939 Ocean Avenue

Summary
Location and General Information
  • Coordinates: -117.266101, 32.953189
  • Latitude: 32.953189
  • Longitude: -117.266101
  • MLS Area Major: Coastal North
Parking
  • Parking Features: Spaces
  • Parking Total: 5.0
Property
Lot Information
  • Building Area Total: 2870.0
  • Building Area Units: Sqft
  • Living Area: 2870
  • Living Area Units: Sqft
  • Lot Size Area: 0.18
  • Lot Size Dimensions: 180 x 50
  • Lot Size Square Feet: 8004.0
  • Lot Size Units: Acres
  • Lot Size: .25 Acres or less
  • Building Area Source: Buyer to Verify, Tax Record
Property and Assessments
  • Parcel Number: 300710100
  • Property Sub Type: Com-Res Income
  • Property Type: Residential Income
  • Existing Financing: Other/Remarks
  • Year Built: 0
  • Assumable Finance: 0.0
Interior and Exterior Features
Exterior Features
  • Structure Type: Free Standing, Other/Remarks
  • Construction Materials: Auto Front Sprinklers, Cable Available, Front Sprinklers, Fully Landscaped, Remarks
  • Roof: Composition
  • Community Features: None
  • Number Of Buildings: 5
Interior Features
  • Bathrooms Half: 0
  • Stories: 2
  • Cooling: Other
  • Flooring: Slab
  • Heating: Wall
  • Laundry Features: Owned
  • Levels: 2 Story
  • Bedrooms Count: 5
  • Baths Total: 5.0
Multi Family
Income & Expenses
  • Operating Expense: $0
  • Proj Gross Sched Income: 442500
  • Proj Gross Operating Inc: 331875
  • Proj Operating Expense: 110625
  • Gross Scheduled Income: $0
Multi Family Information
  • Unit Rent1: 7375
  • Unit Rent2: 7375
  • Unit Rent3: 7375
  • Unit Rent4: 7375
  • Unit Rent5: 7375
  • Num of Units1: 1
  • Num of Units2: 1
  • Num of Units3: 1
  • Num of Units4: 1
  • Num of Units5: 1
  • Unit Rent Total1: $7,375
  • Unit Rent Total2: $7,375
  • Unit Rent Total3: $7,375
  • Unit Rent Total4: $7,375
  • Unit Rent Total5: $7,375
  • Number Of Units Total: 5
Rental
Rent Information
  • Num of Leased Apartments: 4

Property History for 931-939 Ocean Avenue

DateEvent & SourcePriceAppreciation
Oct 19, 2025

Price Change

SDMLS #250026018

$19,998,000—
Apr 30, 2025

Listed (Active)

SDMLS #250026018

$21,995,000—
DateEvent & SourcePrice
10/19/2025

Price Change

SDMLS #250026018

$19,998,000
04/30/2025

Listed (Active)

SDMLS #250026018

$21,995,000

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

Schools near 931-939 Ocean Avenue

This home is within San Dieguito Union High School District.
Rating
School
Type
Grades
Distance
Del Mar Hills Elementary School
Public - K to 6
Del Mar Heights Elementary School
Public - K to 6
Earl Warren Middle School
Public - 7 to 8
Torrey Pines High School
Public - 9 to 12
Rating
School
Distance
Del Mar Hills Elementary School
PublicK to 6

Del Mar Heights Elementary School
PublicK to 6

Earl Warren Middle School
Public7 to 8

Torrey Pines 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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More information about 931-939 Ocean Avenue, Del Mar, CA 92014

931-939 Ocean Avenue is a multi-family home for sale in Del Mar, CA 92014. This property was listed for sale on April 30, 2025 by Compass, it's currently listed at $19,998,000. This listing's school districts are San Dieguito Union High School District, Del Mar Union Elementary School District. Nearby schools include Del Mar Hills Elementary School, Del Mar Heights Elementary School and Earl Warren Middle School. 931-939 Ocean Avenue is a 5-bed, 5-bath, 2,870 sqft multi-family home.

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 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 Compass, Craig Lotzof, DRE #01211688

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