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3540 44 Ocean View BlvdSan Diego, CA 92113

Pending

$899,000

Smart Buyer Rebate $8,990

Exceptional opportunity to own a well-positioned four-unit property in San Diego's Mountain View neighborhood, a thriving central area with rising rents and ongoing revitalization. Located just minutes from Downtown, Coronado, major freeways, and public transit, this location is highly accessible and attractive to San Diego's growing workforce. The property features two buildings on one lot. The front building is a single-story duplex with a 3 bedroom/1 bathroom unit and a 2 bedroom/1 bathroom unit. The back building is two stories with a 1 bedroom/1 bathroom unit on each floor. Combined, they provide approximately 2,600 square feet of living space on a 6,326 square foot lot, plus six parking spaces, shared coin laundry for residents, and recent exterior upgrades including fresh paint that makes for great curb appeal. Brand new water heater recently installed. All four tenants are month-to-month, giving you flexibility to adjust rents or make changes as you see fit. The current rents are below what the market can support, and with some interior updates, there's real potential to boost income significantly. You could see over 60% growth in rental income, making this a solid value-add play in an area where properties like this are hard to find. This is a turnkey investment with reliable income, room to grow, and a central San Diego location near everything. Perfect for seasoned investors or owner-users looking for long-term appreciation and strong cash flow.

Listed by Nick Rogers

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License #02068825

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Coldwell Banker Realty

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619-212-9968

Last updated December 10, 2025

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Source: CRMLS #250045264SD

Listing Facts

  • TypeMulti-family
  • NeighborhoodMountain View
  • Days on Prevu6

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/10/2025
Status changed to Pending
$899,000
12/05/2025
Listed by Coldwell Banker Realty
$899,000

Property Details for 3540 44 Ocean View Blvd

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Composition, Rolled/Hot Mop
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1944

Features

  • Fencing: Partial

Measurements

  • Lot Size Source: Assessor

Financial

Residential Income

  • Cap Rate: 5.6

Taxes

  • Parcel Number: 5462500700

Utilities

Equipment

  • Heating: Natural Gas, See Remarks
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 3540 44 Ocean View Blvd.

How does 3540 44 Ocean View Blvd compare to other multi-family homes in Mountain View?

This multi-family home is listed 26% below the average price for multi-family homes in Mountain View and has been on the market for 77 less days than the typical home in this area.

3540 44 Ocean View Blvd is a -bedroom multi-family home for sale in San Diego CA 92113. On Prevu for 6 days at $899,000. This home is located in Mountain View. The median listing price for multi-family homes in this area is $799,500. Additional amenities include parking. View other multi-family home listings in San Diego.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.