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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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4341-43 Banning St, OCEAN BEACH, CA – $1,695,000

  • 5 Beds
  • 3 Baths
  • .09 Acres
  • 9 DOM
  • 5 Beds
  • 3 Baths
  • .09 Acres
  • 9 DOM

4341-43 Banning St

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.

Essential Information

  • MLS® #250029471
  • Price$1,695,000
  • Bedrooms5
  • Bathrooms3.00
  • Acres0.09
  • Year Built1986
  • TypeResidential Income
  • StatusACTIVE

Community Information

  • Address4341-43 Banning St
  • AreaOCEAN BEACH (92107)
  • SubdivisionOcean Beach
  • CityOCEAN BEACH
  • CountySan Diego
  • StateCA
  • Zip Code92107

Amenities

  • # of Garages1
  • PoolN/K

Interior

  • HeatingForced Air Unit
  • CoolingWall/Window
  • # of Stories2

Exterior

  • ExteriorWood
  • RoofComposition

Lot Description

West of I-5, Curbs, Public Street, Sidewalks, Street Paved

Additional Information

  • Date ListedJune 4th, 2025
  • Days on Market9
  • ZoningRM2-5

Listing Details

  • OfficeCCG RE Investment Services Inc
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CCG RE Investment Services Inc.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS®, Inc.

Listing information last updated on June 30th, 2025 at 3:16am PDT.