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$2,859,000
Est. payment /mo
4 Beds
3 Baths
3,154 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Mission Beach
MLS Listing ID 250039711
Bedrooms 4
Full Baths 3
Year Built 1938
Lot Size 3,154 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Situated just steps from both the beach and bay, this prime multi-unit property W/SOLAR offers exceptional potential at the beach! Comprised of three units—a 3BR/1BA, a 1BR/1BA, and a studio, this property is ideal for both investors and owner-occupants looking to capitalize on Mission Beach's vibrant rental market. The 3-BR unit features ocean & boardwalk views from living area and is currently rented to a long-term tenant at $3,800/month. Previously, this unit was successfully rented as a short-term rental, providing flexibility for future rental strategies. The 1-BR and studio units will be delivered vacant, offering the option to rent them out for steady income or live in one while renting the others. According to Rent-O-Meter, the studio has an average rent of $2,063/month, while the 1-BR averages $2,600/month. Both units feature assigned outdoor parking. Located off San Juan Place, the narrowest part of the Mission Beach peninsula, this property is close to all the action, from sun-soaked beaches to tranquil bay views. Whether you're looking to generate income by renting all three units or prefer to live in one while renting the others, this property offers unmatched potential.
Location
State CA
County San Diego
Area Coastal South
Direction Mission Blvd to San Juan Place. Park on Mission Blvd and proceed west to Strandway.
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N Yes
Water Access Desc Meter on Property
View Ocean, Other/Remarks
Roof Type Composition
Building
Story 3
Water Meter on Property
Level or Stories 3
Others
Tax ID 423-608-05-00
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Listed by Helen Spear RE/MAX COASTAL
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