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Listed by Peter Hauser • NorthMarq Realty Services, Inc
$ 6,950,000
Est. payment | /mo
6,660 SqFt
$ 6,950,000
Est. payment | /mo
6,660 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,660 sqft
Price per Sqft $1,043
MLS Listing ID CROC25033479
HOA Y/N No
Year Built 1965
Lot Size 7,196 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Bayfront Villas offers a rare opportunity to own bay front property in Mission Beach, San Diego, California. This property sits on two lots and can be utilized as a rental property. The property is currently used as a hybrid owner user plus rental. The property can be operated immediately as a short-term rental if the owner resides in the property for at least nine months out of the year. In order to obtain a short-term rental permit, non owner occupied, an application must be made and be placed on the waiting list. This unique property also presents itself as a prime development opportunity. With the ability to scrape the existing structures and build new condominiums, or keep the current structures in place and process with the department of real estate to sell individually as a TIC tenant in common ownership structure. Very few investment properties offer this range of investment alternatives and creative uses.
Location
State CA
County San Diego
Interior
Fireplace No
Appliance Dryer
Laundry Community Facility, Dryer, Washer, Inside
Building
Lot Description Other
Water Public
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Qayes Abdulla
REALTOR® | Lic# DRE# 02150727