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4419 Narragansett Ave

San Diego, CA 92107
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Bed 7

Bed

Bath 5

Bath

Variance granted 2-4 Units: A rare coastal investment opportunity combining two substantial residences, exceptional parking, sophisticated design, and multiple income-producing strategies. This distinctive Point Loma property offers a 2,276-square-foot primary residence with 4 bedrooms and 2.5 bathrooms, complemented by a completely separate 1,200-square-foot second residence/ADU with 3 bedrooms and 2 bathrooms. The configuration creates exceptional flexibility for an investor, owner-user, multigenerational household, or buyer seeking to offset ownership costs with rental income. The property's two-residence layout provides multiple potential strategies, including renting both residences, living in one while leasing the other, multigenerational living, extended-stay accommodations, or main taining a dedicated second residence for family, guests, or a home-based business, subject to applicable regulations and requirements. The separation between the residences enhances privacy while creating a compelling combination of lifestyle utility and investment potential. The 2,276-square-foot main residence showcases elevated modern design with subtle mid-century influences, expansive windows, soaring ceilings, rich wood flooring, dramatic full-height tiled feature walls, quartz countertops, and a sophisticated palette of walnut, white oak, crisp white, and bold black cabinetry. The kitchen features sleek designer appliances, a Blanco sink, and an oversized island designed for entertaining, casual dining, and everyday living. See Supplemental Remarks Multiple outdoor spaces further enhance the property's appeal, including a private side deck, backyard retreat, and exceptional rooftop entertaining area. The rooftop deck features built-in cabinetry, a refrigerator, expansive views, and refreshing coastal breezes—an ideal setting for entertaining, sunset gatherings, or enjoying the Point Loma lifestyle. The detached 1,200-square-foot second residence represents a significant component of the property's investment appeal. Offering 3 bedrooms, 2 bathrooms, designer finishes, and select ocean views, the residence functions as a substantial and completely separate living space with the potential to generate rental income while allowing the owner to occupy the main residence. For investors, the property presents an opportunity to diversify income across two residences rather than relying on a single rental unit. Ample parking for up to 7 vehicles, along with an electric vehicle charging outlet, adds meaningful value and functionality in this highly sought-after coastal location. For buyers evaluating the property through an investment lens, the combination of two substantial residences, flexible occupancy options, strong coastal location, exceptional parking, and high-quality construction creates a rare opportunity to acquire a versatile Point Loma asset with both lifestyle and income-producing potential. Located in the heart of Point Loma's coastal community, the property is just moments from the bay, Liberty Station, local dining and shopping, Sunset Cliffs, La Playa, and the vibrant energy of Ocean Beach. A rare opportunity to combine coastal living with flexible income potential and long-term investment utility in one of San Diego's most desirable neighborhoods.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,088,000

AD Id : 91374798

MLS Id : 260023048SD

Beds : 7

Year Built : 2026

County : San Diego

Subdivision: Hialeah

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Feature Features

  • Interior Features

    Roof: Composition
  • Heating & Cooling

    Has Heating: Yes Heating: ForcedAir Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2026
    Private Pool: No
    View: Ocean, Panoramic

  • Lot Information

    Lot Size Source: Assessor Lot Description: DripIrrigationBubblers

    Property Information

    Subdivision: Point Loma Source Property Type: ResidentialIncome Levels: MultiSplit Property Age: 0

  • Listing Price Information

    Listing Price: $4088000
    Cash, Conventional

  • Tax Information

    Parcel Number: 4487411000

  • Location Information

    Direction: CrossStreet: Santa Barbara
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5025 31 Brighton Ave, San Diego, CA, 92107 $2,159,500 5 4 -- --
4532 34 Long Branch Ave.., San Diego, CA, 92107 $1,585,000 3 2 -- --
4985 89 Narragansett Ave, San Diego, CA, 92107 $2,395,000 4 4 -- 6,000 Sq. Ft
4337 39 Mentone Street, San Diego, CA, 92107 $2,095,000 7 6 -- --
4937 39 Muir Ave, San Diego, CA, 92107 $1,789,000 2 1 -- 5,507 Sq. Ft
4754 56 Saratoga Ave, San Diego, CA, 92107 $2,275,000 6 3 -- 6,986 Sq. Ft
5157 59 Muir Ave, San Diego, CA, 92107 $1,499,000 3 2 -- 3,006 Sq. Ft
4404 Temecula St, San Diego, CA, 92107 $1,399,900 3 2 1,462 7,642 Sq. Ft
3805 Atascadero Dr, San Diego, CA, 92107 $1,775,000 3 2 1,680 9,300 Sq. Ft
2368 2370 Soto St., San Diego, CA, 92107 $1,950,000 -- -- -- --

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/22/2026 @ 02:02

MLS: 260023048SD LISTED BY: Kevin Bennett, Compass 858-277-3325 SOURCE: CRMLS

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