Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Lot size

8,150 sqft

Year built

1966

Stories

2

Cooling

None

Status

Active

Days on market

23

MLS #

246570793

About this property

Situated just one property from the iconic Del Mar coastline, 120-126 4th Street offers a truly exceptional opportunity to own a premier coastal fourplex in one of Southern California’s most coveted beach communities. Set on a spacious lot in the heart of Del Mar, this unique property combines an irreplaceable location with ocean views, a desirable unit mix, and significant potential for the next owner. The property features three generously sized 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 create inviting outdoor spaces to relax, entertain, and take in the quintessential Del Mar lifestyle. For investors, developers, or owner-users, the value-add possibilities are particularly compelling. The location is simply hard to beat. Step outside and enjoy a walkable coastal lifestyle just moments from the Del Mar cliffs and sandy beaches, as well as Del Mar Village, Del Mar Plaza, boutique shopping, acclaimed restaurants, and some of Southern California’s most celebrated surf breaks. Outdoor enthusiasts will love the proximity to Torrey Pines State Natural Reserve and Torrey Pines Golf Course, while Scripps Health facilities and the world-famous Del Mar Racetrack are just minutes away. Adding even more value, the property includes four covered parking spaces plus five additional off-street spaces - a remarkable and increasingly rare amenity in the heart of Del Mar Village. See supp. With its oversized lot, ocean views, flexible unit mix, abundant parking, and one of the most desirable coastal locations in Southern California, 120-126 4th Street presents an extraordinary opportunity to own, invest, and create something special in Del Mar.

Location

26 4th St

Del Mar, San Diego, CA, 92014