4337 Mentone Street

San Diego, CA 92107

$2,488,000
Price
7
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

A remarkable and rare opportunity to own two distinct income producing properties on a spacious 6255 SF lot perched on top of Mentone Street in Ocean Beach, this property offers a premium location, the ultimate coastal lifestyle close to breathtaking Sunset Cliffs. Front: The single level spacious 2 bedroom, one bath with an attached garage and additional parking in driveway, built in 1950. The back units built in 1976 are two townhomes, each 2 large bedrooms, 11/2 baths and decks, as well as a one...A remarkable and rare opportunity to own two distinct income producing properties on a spacious 6255 SF lot perched on top of Mentone Street in Ocean Beach, this property offers a premium location, the ultimate coastal lifestyle close to breathtaking Sunset Cliffs. Front: The single level spacious 2 bedroom, one bath with an attached garage and additional parking in driveway, built in 1950. The back units built in 1976 are two townhomes, each 2 large bedrooms, 11/2 baths and decks, as well as a one story studio with a separate bedroom and shower. Quality construction with copper plumbing and newer units are Redwood framed. Replacement windows. This property has not been offered since 1973. This Ocean Beach gem is perfect for investors looking for a multi income stream, multi-generational living or anyone who wants to experience the quintessential Southern California Beach Lifestyle.
  1. Listed by Karin Gentry • DRE #00982150 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 4337 Mentone Street

Cross Streets
Niemitz
Source Living Area
Owner
Area
Ocean Beach (OCB)
Lot Size Area
6255
Home owner Dues
$0
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
LISTING UPDATED: 01/28/2025 11:41 AM

Property Details for 4337 Mentone Street

StatusActive
MLS #240017838SD
Days on Market185
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.14 AC / 6,255 SF
CountySan Diego County

Building Information for 4337 Mentone Street

Stories-Residences-Year Built1950Building Size-Lot Size0.14 AC / 6,255 SF

Property Information for 4337 Mentone Street

Community / Development
Community / Development
  • Complex Name: NA
  • Number Of Units: 4
  • Amenities: Laundry Facilities
  • Association Fees Include: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, Roof Maintenance, Sewer, Trash, Water
  • Builders Tract Name: Loma Alta 2
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 0
  • View: Yes
  • View Description: Evening Lights
  • Security Features: None
  • Water: Meter on Property
  • Sewer: Sewer Connected
  • Water Heater Features: Other
  • Water District: CITY OF SAN DIEGO
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $95,180.00
  • Gross Scheduled Income: $108,300
  • Cap Rate: 3.80%
  • Gross Rent Multiplier: $.00
  • Other Income1: $.00
  • Total Annual Expense: 14320
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Acreage: 0.14
  • Lot Size Dimensions: 125X50
  • Lot Description: Curbs, Sidewalks, Street Paved
  • Lot Location: Alley Access
Interior Features
Interior Features
  • Levels: Other
  • Cooling Type: Other
  • Heating Type: Other
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: None
  • Spa: No
  • Roof: Composition
  • Fence: Gate, Partial
Lease Terms
Lease Terms
  • Listing Terms: Seller May Carry
  • Tenant Pays: Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $3,520.00
  • Unit Actual Rent: $3,520.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $2,300.00
  • Unit Actual Rent: $2,300.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $2,400.00
  • Unit Actual Rent: $2,400.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Rent: $825.00
  • Unit Actual Rent: $825.00
  • Unit Projected Rent: $1,100.00
  • Like Units: 1

Property History for 4337 Mentone Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 4337 Mentone Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ocean Beach Elementary School
PublicK to 4

Dana Middle School
Public5 to 6

Correia Middle School
Public7 to 8

Point Loma 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

4337 Mentone Street is a multi-family home for sale in San Diego, CA 92107. This property was listed for sale on July 22, 2024 by Coldwell Banker Realty, it's currently listed at $2,488,000. This listing's school district is San Diego Unified School District. Nearby schools include Ocean Beach Elementary School, Dana Middle School and Correia Middle School. 4337 Mentone Street is a 7-bed, 6-bath, multi-family home built in 1950.

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 Coldwell Banker Realty, Karin Gentry, DRE #00982150

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 SDMLS®. 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 SDMLS®, Inc.