PACIFIC COAST COMMERCIAL is pleased to present the opportunity to purchase three (3) units steps from boardwalk and Pacific Ocean in the heart of Mission Beach, California.
This property is situated on Rockaway Court between Mission Blvd and Ocean Front Walk with a pathway leading directly to the beach. The property consists of three units in two separate buildings with three designated parking spaces behind the property in the alley. The building features two one bedroom one bath and one two bedroom one bath units with tremendous upside in rents. This property is ideal for vacation rentals, long term rentals, an owner occupant, or a combination of all the above. Current income is low due to long term ownership and tenancy.
One of the top vacation destinations in San Diego, Mission Beach is a dynamic tourist hot spot and offers variety of beach fueled activities in the sun, surf, and sand. One of the most popular beaches in the city and easily accessible to nearby San Diego hotels, Mission Beach sports a two-mile oceanfront boardwalk and quaint beach cottages for residents and seasonal tourists. Belmont Park, the notable oceanfront amusement park, is a popular attraction in Mission Beach, as well as nearby SeaWorld, Mission Bay Park, Balboa Park museums, and the San Diego Zoo.
THE OFFERING
Offering Price
$1,300,000
Address
725 Rockaway Court, San Diego, CA 92109
Number of Units
Three (3)
APN
423-581-16-00
Lot Size
0.06 Acres
Zoning
R-2: Minor Multiple
HIGHLIGHTS
Steps to Pacific Ocean, Mission Beach Boardwalk, Mission Bay, and Popular Restaurants
Huge Income Potential: Long Term Rentals, Vacation Rentals, Student Rentals, Furnished Rentals, Etc.
Three Designated Parking Spaces for the Entire Property
Contact Broker for More Information (619) 469-3600
JIM TAYLOR
Director, Multifamily & Investment Sales
Lic. 00594876
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt Its accuracy, but we do not guarantee it. All information including zoning, financials, leases, square footage, permits and use should be verified during due diligence and prior to completing a purchase or lease.
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