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$4,500,000
Est. payment /mo
3,219 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Mission Beach
MLS Listing ID 250031469SD
HOA Y/N No
Year Built 1970
Lot Size 3,219 Sqft
Property Description
Rare Bayfront Triplex directly on the sandy shores of Mission Bay—an exceptional opportunity to live in one unit and rent the other two, or build your dream Bayfront estate. Enjoy breathtaking sunrise views, peaceful walks along the bay, and quick access to the surf across the street. At night, take in SeaWorld's fireworks from the two lower patios or upper balcony. Ideally located near Mission Bay Yacht Club, Aquatic Center, Belmont Park, and all Mission Beach attractions. All three units are currently operating as short-term rentals (approx. $325K gross annual income, $50K expenses) with tenant occupancy and full interior remodels completed in 2022. New STR permit process, permits do not transfer. The 4,480 sq ft building, built in 1970, is in good condition with parking, newer roof (less than 10 yrs old), and new water heater. Recent upgrades include: new dishwasher and BBQ in unit 3540, freshly painted interior and exterior with excess wiring removed, all furniture and carpets replaced in all three units, new mattresses and pillows throughout, repaired cabinets, most light fixtures replaced, updated shower valves, new faucets, five new TVs, routers, inspected washer/dryer, repaired Medeco locks, new patio set (3536), exterior lighting (3534/3536), new smoke detectors, fire extinguishers, and updated electrical outlets.
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Building/Complex Name None
Zoning R-4
Interior
Cooling None
Fireplace No
Exterior
Fence Partial
Pool None
View Y/N Yes
View Bay, Panoramic
Private Pool No
Building
Story 3
Entry Level Three Or More
Level or Stories Three Or More
Others
Senior Community No
Tax ID 4236131100
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
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Listed by Peter Middleton eXp Realty of California Inc
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