931 - 939 Ocean Ave
Coastal North Del Mar 92014

$21,995,000
Residential Income beds: 5 baths: 5.0 2,870 sq. ft. built: 0

Main Photo: Residential Income for sale : 5 bedrooms : 931 - 939 Ocean Ave in Del Mar
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Open House - Jul 19, 2025
05:00 AM - 09:00 AM PDT
NOTES: Open House on Saturday, July 19, 2025 5:00AM - 9:00AM Nicole DeWaele
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
250026018
Bedrooms:
5
Bathrooms:
5
A Once-in-a-Lifetime Opportunity purchase the 5 Iconic & Legendary Cottages of Del Mar (est 1886) For the first in decades, a truly extraordinary multi-unit property is being offered in Del Mar – and it is nothing short of Legendary. Located in a Super Prime, Iconic Oceanfront setting, this rare offering features Five (5) Luxury Cottages perched atop over 180 Feet of Dramatic Bluff Frontage. Originally built in the 1880’s, these historic cottages are a treasured piece of Del Mar’s storied past. Each of the 5 residences have a charming coastal vibe perfect floorplan as a one-bedroom loft layout, approximately 700 square feet in size, blending timeless character with Breathtaking Ocean Views. Opportunities like this – to own multiple Oceanfront units on one of Del Mar’s most coveted stretches of coastline – simply do not come around. Whether you preserve their historic charm or create a new legacy, this is a Once-in-a-Generation Chance to secure a remarkable piece of Southern California’s Coastal History.
Property Sub Type:
Com-Res Income
Number of Buildings:
5
County Or Parish:
San Diego
Market Area:
Coastal North
Total Building Area:
2,870 sq. ft.
Total Floor Area:
2,870 sq. ft.
Total Bedrooms:
5
Bathrooms:
5
Half Bathrooms:
0
Structure Type:
Free Standing, Other/Remarks
Stories:
2 Story
Num Stories:
2
Year Built:
0
Age (in years):
2,025 year(s)
Short Sale:
No
Terms:
Other/Remarks
Total Actual Rent:
$36,875
Gross scheduled income:
0.0
Projected gross operating income:
331875
Projected gross scheduled income:
442500
Operating expense:
0.0
Projected operating expense:
110625
Financial Information Source:
Other/Remarks
Number of Units:
5
Number of Leased Apartments:
4
Number of Units in Unit 1:
1
Number of Units in Unit 2:
1
Number of Units in Unit 3:
1
Number of Units in Unit 4:
1
Number of Units in Unit 5:
1
Total Rent for Unit 1:
$7,375
Total Rent for Unit 2:
$7,375
Total Rent for Unit 3:
$7,375
Total Rent for Unit 4:
$7,375
Total Rent for Unit 5:
$7,375
Complex Features:
None
Special Listing Conditions:
N/K
Laundry:
Owned
Construction Material:
Auto Front Sprinklers, Cable Available, Front Sprinklers, Fully Landscaped, Remarks
Lot Size:
7,841 sq. ft.
Lot Details:
180 x 50
Parcel Number:
300710100
Parking Features:
Spaces
Total Parking Spaces:
5
Heating:
Wall
Cooling:
Other
Roof:
Composition
Floor finish:
Slab
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Listed by Compass
Data was last updated July 6, 2025 at 05:10 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$4,199,000
Min list price:
$1,295,000
Max list price:
$21,995,000
Avg days on market:
64
Min days on market:
4
Max days on market:
776
These statistics are generated based on the current listing's property type and located in Coastal North. Average values are derived using median calculations.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.