4527-49 Olney St is a turnkey 4-unit Pacific Beach property featuring a private, detached 2BR/1BA home plus a separate triplex consisting of three 2BR/1BA units. Situated on a 6,237 SF RM-2-5 lot extending from Felspar St to the alley, the property has undergone significant recent improvements, including new roofs, electrical, windows, fencing, turf, landscaping, and concrete. All four units feature in-unit laundry and separate gas/electric meters, with two water meters serving the property. Two units have been fully renovated, including the detached home, which offers a private gated yard, island kitchen, and mini-split A/C. Two units will be delivered vacant and lease-ready, while the remaining two are occupied by month-to-month tenants. Alley access provides two open parking spaces, two covered carport spaces, plus tandem parking. Ideally located in a quiet residential pocket of Pacific Beach, just blocks from Mission Bay and the beach.