4851 Narragansett Ave

Convert to 8-units! Updated 4-unit in Ocean Beach, only 2.5 blocks from the sand! Each unit has its own 2 car garage, separate electrical & water meters, separate addresses, & laundry hook-ups. This versatile compound includes a 3BR/2BA front home, a detached updated large Studio, & two mirror-image 2BR/2BA townhomes. 8 bedrooms total and a stellar outdoor area with garden setting. Each unit has a 2- car garage, and separate electrical & water meters, and in-unit laundry hookups, making this an exceptional income property or multi-generational living opportunity. It's believed that you can convert garages to units, buyer to investigate. || Unit 1: 3BR/2BA Single-Family Home (Approx. 1,100 sq ft): Features central AC , beautiful hardwood flooring, ample cabinetry, quartz countertops, newer appliances, updated lighting, and fresh paint. The large driveway provides 4 extra parking spaces. || Units 2 & 3 :Two Updated 2BR/2BA Townhomes: Each townhome features high vaulted ceilings, modern kitchens & baths, large private patios indoor laundry hookups, & additional storage. Believed to have been built to condo specifications, offering potential for separate resale. || Unit 4 : Detached Updated Studio: Perfect as a guest unit, rental, or in-law suite. || Additional highlights include 2 EV chargers, easy walking access to beach, shopping, & dining. A built-in laundry room for cleaning crews or shared machines. Additional Storage shed for beach chairs & umbrellas. Currently operated as a high-performing Airbnb attracting wedding groups, corporate stays, and family vacationers.