3536-40 Bayside Walk Active

San Diego,CA 92109

$ 4500000

8 Beds

6.5 Baths

0 SqFt


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 250031469

Bedrooms 8

Half Baths 1

Year Built 1970

Property Sub-Type Res Income 2-4 Units

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 Coastal South

Zoning R-4

Exterior

Fence Gate,Partial

Utilities Available Sewer Connected

View Y/N Yes

View Bay,City,Evening Lights,Panoramic

Roof Type Other/Remarks

Building

Story 3

Water Meter on Property

Schools

School District San Diego Unified School Distric

Others

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