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… Read More 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. Read Less
Property listed by eXp Realty of California, Inc., Peter Middleton 858-258-7383
Listing Snapshot
Days Online
18
Last Updated
Property Type
Other
Lot Size
0.07 Acres
Year Built
1970
MLS Number
250025089SD
30 Days Snapshot Of 92109
$2.01M
+1%
(avg) sold price
26
+36%
homes sold
55
-36%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1970, Levels: ThreeOrMore, 1 building
Cooling
None
Fence
Partial
Income
Net operating income: $275,000
Lot
0.0739 acres, 3,217 square feet, Size: 3,217
Pool
None
Property
Zoning: R-4, Bay, Panoramic
Spa
None
Tenant Pays
SeeRemarks
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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