San Diego, CA 92107 4467 Long Branch Ave

Variance granted 2-4 Units - Stunning Dual-Unit Coastal Property with Panoramic Ocean Views! Experience the best of beachside living and exceptional investment potential with this unique property featuring two fully detached homes in the heart of Ocean Beach. Just blocks from the sand, restaurants, parks, and shops, this rare offering blends coastal charm with modern luxury and income-generating versatility.The front house, a charming 2-bedroom, 1-bath bungalow built in 1941, retains its original character while boasting breathtaking ocean views from its cozy hilltop perch. Enjoy open concept living, a gorgeous wood fireplace, and a versatile 100 sq. ft. bonus room ideal for a home office or creative space. This home is equipped with its own washer and dryer for added convenience. Currently licensed for short-term rental (STRO), this home has Airbnb income potential of over $82,000 annually, or $54,000 as a long-term rental. Behind it, the brand-new 2024-built ADU is a modern 2-bedroom, 2-bath retreat spanning 1,155 sq. ft. Designed to capture sweeping views from La Jolla to Mission Bay, the living area and primary bedroom open to a spacious deck through dramatic bi-fold doors—perfect for soaking in sunsets and Sea World fireworks. This detached home features high-end finishes, an oversized 2-car garage, and its own in-unit washer and dryer. Rental income for the ADU currently is $78,000 per year. Whether you're looking for a primary residence with a guest house, a vacation home with passive income, or a full investment property, this turnkey, view-rich compound offers endless possibilities.