4341 43 Banning St
San Diego, CA 92107
Map
- – beds
- – baths
- – sqft
- 3,898 sqft lot
- 1986 build
- – on site
Located in one of San Diego’s most supply-constrained coastal markets, this 3-unit asset presents a rare opportunity to unlock value in the heart of Point Loma and Ocean Beach. The property includes two upgraded 2BD/1BA units and one unrenovated 1BD/1BA unit—providing immediate upside through renovation and market-rate leasing. Zoned RM-2-5 and featuring an attached garage, there’s potential for ADU development or expanded living space, enhancing long-term yield. With current rents below market, investors can capitalize on repositioning through targeted improvements and optimized operations. Just blocks from the beach, this location benefits from strong tenant demand, walkable access to top-rated restaurants, retail, and schools, and proximity to Liberty Station, Point Loma, San Diego International airport, and downtown. Whether you’re looking to live in one unit and rent the others or fully lease the property for consistent income, this is a high-performing coastal hold with strategic growth potential in a tight rental corridor.
Last checked:
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Last updated Jun 13, 2025
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MLS# 250029471SD —
The Building
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Year Built:1986
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Total Number Of Units:3
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# of Buildings:2
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Roof:Composition
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Stories Total:2
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Number With Patio:1
Interior
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Levels:Two
Location
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Directions:CrossStreet: Mendocino Blvd
The Property
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Property Type:Residential Income
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Zoning:RM2-5
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Lot Size Area:3898.0000
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Lot Size Acres:0.0895
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Lot Size SqFt:3898.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:4491020500
Heating & Cooling
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Heating:1
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Heating:Electric, Forced Air
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
The Community
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Subdivision:Ocean Beach
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Subdivision:Ocean Beach
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Neighborhood:Ocean Beach
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Park Name:N/A
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Pool:None
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Senior Community:No
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Spa:1
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Private Pool:No
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Spa Features:None
Extra Units
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Number With Dishwasher:1
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Number With Refrigerator:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/4/25
Jun 4, 2025
|
Listed / Active | CRMLS_CA | $1,695,000 |
