Location, Income, Upside... South Mission Beach. LOCATION: Highly desirable coastal area income property. No vacancies, lots of parking (8 spaces). Beach & Bay 1/2 block away. Markets, pubs, entertainment are walkable. INCOME: Area has pivoted to more second homes/short term rentals, so long term rentals have become more scarce, rents continue to climb, and vacancies reduce. Most of the units have been upgraded over time. UPSIDE: Value can be added by creating side yard patios for lower units. Two parking spaces can be converted to court-side patio for tenants grilling, entertaining and relaxing. Interiors can be further remodeled to increase rents. This lot is over 300sf above standard. Allowing for over 3,000 sf, 3 story, duplex construction with water views if/when replacement is desired. Very few commercial income properties in this area. See video link for area overview.
Off market
Zestimate®
$2,415,200
2813 Mission Blvd #23, San Diego, CA 92109
--beds
6baths
1,800sqft
Multi Family
Built in ----
-- sqft lot
$2,415,200 Zestimate®
$1,342/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 25, 2025 at 07:06am
Listed by:
Bob Ruane DRE #01073889 858-488-1400,
Compass
Bought with:
Jamie Lindsay, DRE #02012894
Compass
Source: SDMLS,MLS#: 200031557
Originating MLS: San Diego Association of REALTOR
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 6
Heating
- Wall
Cooling
- None
Features
- Flooring: Slab, Wood
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 8
- Parking features: Spaces
Features
- Levels: 2 Story
- Stories: 2
Lot
- Size: 2,765 sqft
- Dimensions: 79 x 35
Details
- Zoning: MB-RS
- Zoning description: MB-RS
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lath/Plaster, Stucco
- Roof: Composition
Community & neighborhood
Location
- Region: San Diego
HOA & financial
Other financial information
- Total actual rent: 6950
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Estimated market value
$2,415,200