Multi Family In San Diego

SELLER FINANCING AVAILABLE. 4684–88 Voltaire Street presents a three-unit multifamily investment in Ocean Beach with below-market rents, renovation upside and CC-4-2 commercial zoning. Situated on an approximately 5,449-square-foot lot, the property features one 2-bedroom/1-bath unit, two 1-bedroom/1-bath units and three attached garages accessed from the alley. The existing units provide a foundation for long-term rental ownership, with opportunities to enhance income through thoughtful improvements over time. The commercial zoning and garage space offer additional possibilities to evaluate, including garage conversions or mixed-use redevelopment, subject to feasibility and required City and Coastal approvals. For buyers seeking a larger investment, neighboring 4678 Voltaire Street can be purchased together with this property, adding a detached 1-bedroom cottage and approximately 2,581 square feet of land. Together, the properties offer four residences across two parcels totaling approximately 8,030 square feet, with CC-4-2 and RM-1-1 zoning. Positioned along Voltaire Street near neighborhood restaurants, cafés and independent shops, the property offers access to OB’s coastline, Dog Beach, and Newport Avenue’s dining, shopping and weekly farmers market. Seller financing, renovation potential and the option to acquire the adjacent parcel create a compelling opportunity for long-term coastal ownership.