Listing Broker: CCG RE Investment Services Inc
Listing Agent: Aurmon Banitaba
DRE #01954054: 02040003
408-772-6307
SELLER FINANCING AVAILABLE. 4314–18 Banning Street presents a four-unit multifamily investment in Ocean Beach with below-market rents, a balanced unit mix and opportunity for long-term value growth. The property offers approximately 2,402 square feet on an approximately 4,000-square-foot lot, featuring two 2-bedroom/1-bath residences, two 1-bedroom/1-bath residences and four off-street parking spaces. Thoughtful renovations and property improvements offer a path to enhancing rental income over time. The four-unit configuration lends itself to long-term investment, with potential for owner occupancy in one residence while collecting rental income from the others. Located near the Ocean Beach–Point Loma border, the property provides convenient access to neighborhood restaurants and cafés, OB’s coastline, and Liberty Station’s shopping, dining and recreation. Seller financing, off-street parking and a versatile unit mix make this a compelling opportunity to establish or expand a coastal multifamily portfolio.
| Listing Id: | 260024519SD |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Lot Size Acres: | 0.0918 |
| Waterfront?: | No |
| Subdivision: | Ocean Beach |
| Year Built: | 1961 |
| Basement Yn: | No |
| Cooling: | None |
| Gross Scheduled Income: | $74,700 |
| Levels: | Two |
| Listing Contract Date: | 2026-10-08 |
| Lot Size Area: | 4000.0 |
| Lot Size Source: | Appraiser |
| Net Operating Income: | $41,744 |
| Park Name: | No |
| State Or Province: | CA |
| Stories: | 2 |
| Zoning: | RM-3-7 |
| Country Subdivision: | 06073 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06073:4491010900 |
| List Price: | $1,499,000 |
|---|---|
| Association Fee: | $0 |
| Lot Size Square Feet: | 4,000.0 |
| City: | San Diego |
| County Or Parish: | San Diego |
| Postal Code: | 92107 |
| Number Of Units Total: | 4 |
| Directions: | Cross Streets: Mendocino Blvd / Whittier St CrossStreet: Mendocino & Banning |
| Disclosures: | Incorporated |
| Heating?: | Yes |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Cash, Conventional |
| Lot Size Acres: | 0.0918 |
| Lot Size Units: | SquareFeet |
| MLS Area Major: | 92107 - Ocean Beach |
| Number Of Buildings: | 2 |
| Original List Price: | $1,499,000 |
| Parcel Number: | 4491010900 |
| Postal City: | SAN DIEGO |
| Roof: | Composition |
| Stories Total: | 2 |
| Current Price: | $1,499,000.00 |
| Record Signature: | -1,110,781,357 |
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Based on information from California Regional Multiple Listing Service, Inc. as of October 09, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
California Regional Multiple Listing Service, Inc. data last updated on October 09, 2026 01:14 AM - PT
Property Last Updated: October 09, 2026 01:14 AM - PT
