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$5,998,000
Est. payment /mo
7 Beds
7 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
Subdivision Del Mar (31415)
MLS Listing ID 260014731
Bedrooms 7
Full Baths 7
Year Built 1966
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional
Property Type Res Income 2-4 Units
Property Description
Perched just one property from the iconic Del Mar coastline, 120-126 4th Street presents a rare opportunity to acquire a premier coastal fourplex in one of Southern California's most sought-after beach communities. Situated on a spacious lot in the heart of Del Mar, this four-unit property offers an exceptional combination of location, lifestyle, and long-term upside. The property consists of three spacious 2-bedroom, 2-bath residences and one 1-bedroom, 1-bath residence. All three 2-bedroom units enjoy ocean views, while the shared courtyard and ocean-view backyard provide inviting outdoor spaces for residents to gather, relax, and enjoy the coastal setting. Offering tremendous value-add potential, this property presents an exceptional opportunity for investors, developers, or owner-users seeking to renovate, reposition, or reimagine a premier Del Mar asset. With its desirable unit mix, oversized lot, ocean views, and irreplaceable location, the possibilities are significant. Residents enjoy an unparalleled walkable lifestyle just moments from the Del Mar cliffs, sandy beaches, Del Mar Village, Del Mar Plaza, boutique shopping, acclaimed restaurants, and numerous world-class surf breaks. Outdoor enthusiasts will appreciate the proximity to Torrey Pines State Natural Reserve, the renowned Torrey Pines Golf Course, and nearby Scripps Health facilities. The world-famous Del Mar Racetrack is also just minutes away. The property offers four covered parking spaces plus five additional off-street parking spaces, an increasingly rare amenity in Del Mar's Village neighborhood.
Location
State CA
County San Diego
Area Coastal North
Direction SIRI
Interior
Fireplace No
Exterior
Fence Full
View Y/N No
Roof Type Rolled/Hot Mop
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 300-321-31-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Blaire Kennedy, DRE#02422145 Compass
Nearby School & Business
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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