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806 Manhattan Ct, Pacific Beach/Mission Beach
$2,699,000
PTP2606902 MLS ⋅ PENDING Status
Exceptional value-add multifamily󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 opportunity in the highly sought-after Mission Beach submarket. This 4-unit apartment property sits on an approximately 5,133 SF lot comprised of two APNs and offers a compelling investment profile with below-market rents, a vacant unit, and significant rental upside. The unit mix includes one 3-bedroom/2.5 bath unit, 2-bedroom/2-bath unit, and two 2-bedroom/1.5-bath units, providing strong tenant appeal in a supply-constrained coastal rental market. Current occupancy is 75%, with one vacant unit creating an immediate opportunity to establish market rent while preserving in-place cash flow from the occupied units. The property's location in Mission Beach benefits from exceptionally high barriers to entry, limited new multifamily development opportunities, and consistently strong demand for coastal housing. A standout feature is the extensive onsite parking, downstairs laundry facility, a storage room, including a 2-car garage, the other is a tandem 4-car with two additional spaces, giving this property 8 total parking spots! With one additional covered parking space, an increasingly scarce amenity in the coastal market. Positioned just 1 block from both the Pacific Ocean and the Mission Bay yacht club, the asset offers investors the opportunity to acquire a well-located coastal multifamily property with potential income growth and long-term appreciation in one of San Diego's most desirable beach communities. Property does present an opportunity for interior improvements and rental repositioning. Buyers to satisfy themselves regarding unit c Exceptional value-add multifamily opportunity in the highly sought-after Mission Beach submarket. This 4-unit apartment property sits on an approximately 5,133 SF lot comprised of two APNs and offers a compelling investment profile with below-market rents, a vacant unit, and significant rental upside. The unit mix includes one 3-bedroom/2.5 bath unit, 2-bedroom/2-bath unit, and two 2-bedroom/1.5-bath units, providing strong tenant appeal in a supply-constrained coastal rental market. Current occupancy is 75%, with one vacant unit creating an immediate opportunity to establish market rent while preserving in-place cash flow from the occupied units. The property's location in Mission Beach benefits from exceptionally high barriers to entry, limited new multifamily development opportunities, and consistently strong demand for coastal housing. A standout feature is the extensive onsite parking, downstairs laundry facility, a storage room, including a 2-car garage, the other is a tandem 4-car with two additional spaces, giving this property 8 total parking spots! With one additional covered parking space, an increasingly scarce amenity in the coastal market. Positioned just 1 block from both the Pacific Ocean and the Mission Bay yacht club, the asset offers investors the opportunity to acquire a well-located coastal multifamily property with potential income growth and long-term appreciation in one of San Diego's most desirable beach communities. Property does present an opportunity for interior improvements and rental repositioning. Buyers to satisfy themselves regarding unit condition through seller-provided inspections and their own due diligence. Photos can be provided upon request. Don't miss this opportunity!

806 Manhattan Ct, Pacific Beach/Mission Beach

818-820 Portsmouth, Pacific Beach/Mission Beach
$1,999,900
4 Beds ⋅ 3 Baths ⋅ 260012362 MLS ⋅ PENDING Status ⋅ Na BLDG.
Yes, you read that right: a 2.75% assumable loan paired with three years of financials averaging $207K in annual income. Welcome to a Mission Beach tri-plex that does the math for you. Tucked just steps from both the bay and the ocean, this coastal investment delivers true SoCal lifestyle appeal. The front 2-bed/1-bath house offers a private deck, wood-burning fireplace, updated kitchen, in-unit laundry, and ample interior storage. Upstairs, two beautifully remodeled studios share a sunlit deck made for slow mornings and golden-hour evenings. An attached garage and a dedicated outdoor area for boards, bikes, and beach gear round out the package, giving guests (and owners) everything they need to live the Mission Beach lifestyle. All three units run as active short-term rentals with a proven 5.94% cap rate and consistent year-over-year performance. Whether you're an investor expanding a coastal portfolio or a buyer planning to live in one unit while the others cover the mortgage, the assumable financing alone makes this a rare opportunity. Three income-producing doors, one of San Diego's most in-demand STR markets, and a financing structure that simply doesn't exist in today's rate environment, this one will not last! All units will be available to see Monday, 6/15 at 4 PM. Multiple offers received - A few counteroffers sent but none accepted as of 6/13 you still have time to submit - Calling for all offers now!

818-820 Portsmouth, Pacific Beach/Mission Beach

810 Santa Barbara Pl, Pacific Beach/Mission Beach
$1,475,000
2 Beds ⋅ 2 Baths ⋅ 260025252 MLS ⋅ PENDING Status ⋅ Bayside Cove BLDG.
Beach living has rarely felt so effortless. Built in 2020 by Lennar, this beautifully maintained Mission Beach home offers a true lock-and-leave lifestyle, with the comfort and convenience of newer construction in an enviable setting between the Pacific Ocean and Mission Bay. Thoughtfully refined and meticulously cared for by its original owners, the two-bedroom, two-bath residence enjoys a sunny southern exposure that fills the open-concept kitchen, living area, and covered balcony with natural light, along with glimpses of the ocean and bay. The kitchen features GE Monogram appliances, a five-burner gas range, quartz countertops, designer backsplash, and glass-front cabinetry, while the private primary suite offers an en-suite bath, walk-in closet, and blackout shades. Modern comforts abound, including solar, split-system air conditioning, a tankless water heater, dual-head rainfall showers, bidet toilets, plantation shutters, in-home laundry, USB outlets, security cameras, and fire sprinklers. A rare two-car garage, dedicated exterior storage for paddle boards and beach gear, and HOA-provided nighttime security make everyday life that much easier. Exceptionally well equipped and ideally situated in the heart of Mission Beach, this is coastal living with all the enjoyment and remarkably little of the upkeep.

810 Santa Barbara Pl, Pacific Beach/Mission Beach

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