4657-85 Muir Ave. San Diego, CA 92107


Palma Commercial has secured the exclusive listing to market and sell “Muir Gardens” a 25-unit apartment property in Ocean Beach, situated approximately five blocks from the beach, with easy access in and out of OB. This garden-style apartment community includes 5 two-story buildings, with a unit mix of ten (10) 1br/1ba units and fifteen (15) 2br/1ba units. Situated on a large lot with an abundance of outdoor space, there are twenty (20) garages, eleven (11) storage lockers and three (3) on-site laundry rooms.

The property consists of five nearly identical two-story buildings, each housing five units and four garages in the back. Two sets of two buildings face each other (mirror-image style), with lush central courtyards, and one faces Ebers Street with a small lawn. Exterior features include shared garden courtyards, laundry facilities, and attached garages. Many units have been moderately upgraded including vinyl plank flooring, newer cabinets and countertops, and ceiling fans/light fixtures.


Agent(s) Involved: Joseph Burrough; Caitlyn deWit
Agency/Representation: Seller and Buyer (Dual)

Transaction Details

Status: Closed
COE Date: 8/14/2023
Price: $13,200,000
Units: 25
Year Built: 1958
Bldg. Size: 18,840 SF
Lot Size: 24,829 SF
Price/Unit: $528,000
Price/SF of RBA: $701
Price/SF of GLA: $532