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3845 Ocean View Boulevard, San Diego, California 92113, San Diego, 92113 - 5 bed, 3 bath

3845 Ocean View Boulevard, San Diego, California 92113 home-pic-0
ACTIVE$1,090,000
3845 Ocean View Boulevard, San Diego, California 92113
5Beds
3Baths
1,924Sqft
6,800Lot
Year Built
1952
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$567
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2511112
Home ConditionExcellent
Features
ViewNeighborhood

About this home

We found 4 Cons,5 Pros. Rank: price - $1.09M(75th), sqft - 1924(63th), beds - 5(50th), baths - 3(50th).

Two separate homes on one lot! 3845 Ocean View Blvd and 3845 ½ Ocean View Blvd are both beautifully remodeled with new roofs, private entrances, and dedicated parking for each unit. The front home offers 3 bedrooms, 2 bathrooms, plus 2 bonus rooms perfect for an office, gym, or guest space. The back home includes 2 bedrooms and 1 bathroom, currently tenant-occupied through April 2026, providing steady rental income from day one. Each home enjoys its own private, fenced yard, and both are separately metered for gas and electricity. Conveniently located near downtown San Diego, major freeways, shopping, and dining. This property is ideal for multi-generational living, rental income, or investment. Live in one and rent the other. A rare turnkey opportunity with flexibility and income potential!

Price History

Date
Event
Price
11/28/25
Listing
$1,090,000
11/15/24
Sold
$650,000
09/30/09
Sold
$155,000
Condition Rating
Excellent
Despite being built in 1952, the property has been 'beautifully remodeled' with 'new roofs' and features extensively updated interiors. The images showcase modern kitchens with new white shaker cabinets, quartz countertops, stainless steel appliances, and recessed lighting. Bathrooms are also fully renovated with contemporary vanities, black fixtures, and subway-style tiling. All visible components appear new or virtually new, meeting current quality standards, indicating a recent and comprehensive renovation.
Pros & Cons

Pros

Strong Income Potential: The property features two separate homes, with one currently tenant-occupied through April 2026, providing immediate and steady rental income. Both units are separately metered for gas and electricity, enhancing investment viability.
Turnkey & Recently Remodeled: Both homes have been beautifully remodeled with new roofs, offering a rare turnkey opportunity that minimizes immediate renovation needs for the new owner.
Flexible Living Arrangements: Ideal for multi-generational living, rental income, or investment, allowing the owner to live in one unit and rent out the other, or rent both for maximum income.
Dedicated Unit Amenities: Each home benefits from private entrances, dedicated parking, and its own private, fenced yard, enhancing privacy and appeal for occupants.
Convenient San Diego Location: Strategically located near downtown San Diego, major freeways, shopping, and dining, offering excellent accessibility and desirability within the city.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1924, other record living area = 1420.
Limited Immediate Occupancy/Control: The back unit is tenant-occupied until April 2026, which restricts immediate full owner-occupancy or the ability to adjust rental terms/rates for that unit in the short term.
Older Original Construction: Built in 1952, despite recent remodels, the underlying structure and potentially some systems may still be original or older, which could lead to unforeseen maintenance needs compared to newer builds.
Misleading Street Name vs. Actual View: While located on 'Ocean View Boulevard,' the property's listed view is only 'Neighborhood,' which may set different expectations for buyers hoping for an actual ocean view.

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