Listing ID: 210011713
Price: $5,799,900
Status: ACTIVE
Address: 3677-3683 Ocean Front Walk
City: San Diego
State: California
Postal Code: 92109
SqFt: 2,939
Acres: 0.070
County: San Diego
San Diego
CA
92109
Welcome to Las Casas De La Playa! Rarely available 4 unit oceanfront building in Mission Beach! Projected vacation rental gross income over $444,000 per year. Just under 3,000 sq ft lot with 32 feet of frontage on the boardwalk showcasing panoramic ocean views. Comprised of 7 bedrooms, 5 baths & potential for expansion, individual sales of the 4 parceled units or redevelopment. 2 units access a roof top deck for the ultimate in beach relaxation. 4 off street parking, laundry on site & an ideal Mission Beach location with dining, shopping and entertainment just steps away!

Primary Features

County: San Diego
Price Before Reduction: 5850000
Price Reduction Date: 2021-09-03T20:24:37+00:00
Property Type: 2-4 Units
Year Built: 1972
Zoning: R-4:MULTIP

Interior

Cooling: N/K
Heat Equipment: Wall/Gravity
Heat Source: Electric
Levels: 2 Story
Total Stories: 2
Unit 1 Estimated SqFt: 792
Unit 1 Laundry Hook Ups: Common
Unit 1 Number of Bedrooms: 2
Unit 1 Number of Full Baths: 2
Unit 1 Number Total Baths: 2
Unit 2 Estimated SqFt: 742
Unit 2 Laundry Hook Ups: Common
Unit 2 Number of Bedrooms: 2
Unit 2 Number of Full Baths: 1
Unit 2 Number Total Baths: 1
Unit 3 Estimated SqFt: 466
Unit 3 Laundry Hook Ups: Common
Unit 3 Number Bedrooms: 1
Unit 3 Number of Full Baths: 1
Unit 3 Number Total Baths: 1
Unit 4 Estimated SqFt: 742
Unit 4 Laundry Hook Ups: Common
Unit 4 Number of Bedrooms: 2
Unit 4 Number of Full Baths: 1
Unit 4 Number Total Baths: 1
Unit Number for Unit 1: 3677
Unit Number for Unit 2: 3679
Unit Number for Unit 3: 3681
Unit Number for Unit 4: 3683

External

Complex Features: BBQ, Laundry Facilities
Entry Only: no
Exterior: Stucco
Fencing: N/K
Frontage: Ocean/Sand
Frontage Dimensions in Ft: 32
Lot Size: 1-3,999 SF
Neighborhood: Mission Beach
Number of Buildings: 1
Number of Furnished Units: 4
Number of Units: 4
Number of Units w/Patios: 4
Number of Units w/Range/Oven: 4
Number of Units w/Refrigerator: 4
Number Units w/Dishwashers: 4
Parking Non-Garage Unit 1: Assigned
Parking Non-Garage Unit 2: Assigned
Parking Non-Garage Unit 3: Assigned
Parking Non-Garage Unit 4: Assigned
Roof: Other/Remarks
Site: Alley Access, Curbs, Public Street, Sidewalks, Street Paved, West of I-5
Water: Meter on Property
Water District: CITY OF SAN DIEGO

Location

Community: MISSION BEACH
Complex/Park: Casas De La Playa
Country: United States
Home Owner Association: Self Managed
Jurisdiction: Incorporated
Market Area: Coastal South
Topography: Level
View: Evening Lights, Ocean, Panoramic, Panoramic Ocean
Zip/Area: PACIFIC BEACH (92109)

Additional

Pets: Yes
Property Type: 2-4 UNITS

Financial

Age Restrictions: N/K
Annual Expense Projected: 201780
Cap Rate Projected: 4
Gross Rent Multiplier Projected: 13.47
Gross Scheduled Income Projected: 444861
Net Operating Income Projected: 242220
Possession: Other/Remarks
Sale/Rent: For Sale
Sales Restrictions: N/K
Short Sale: no
Tenant Pays: N/K
Terms: Cash, Conventional, VA
Unit 1 Projected Rent: 115234
Unit 2 Projected Rent: 115234
Unit 3 Projected Rent: 99159
Unit 4 Projected Rent: 115234
Vacation Rental By Owner: yes

Zoning Info


Area Info


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