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2931 Mission Blvd

San Diego, CA 92109
  • $3,900,000
  • STATUS: ACTIVE
  • ON SITE: 16 Days
  • ID#: 220028005
UPDATED: 45 min ago
$3,900,000
  • 1
    BEDS
  • 0.07
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Offers Due December 2nd, 2022 We are pleased to present 2931 Mission Boulevard, San Diego, CA 92109 in South Mission Beach. The property is comprised of four 1-Bed / 1-Bath & four Studio / 1-Bath units. The offering has been well-maintained and renovated throughout the duration of ownership. Newer roof, water heater, new fence, and dual pane windows. Mission Bay sits on the edge of San Diego with a 4,600-acre Aquatic Park in the middle. Tenants enjoy a beach property only steps to Mission Beach and Mission Bay with over 26 miles of waters-edge pathways. Belmont Park provides many shops and restaurants, amusement rides, rock climbing, gym & pool access, and arcade games. Disclaimer: Priced For Immediate Sale. Shall be sold separately or together with 2216-20 Dunlop St. 2931 Mission Blvd. & 2216-20 Dunlop St. Shall Be Sold Jointly And Contingent Upon Each Other's Closings. Seller Is Not Liable For Any Of Buyers Due Diligence Expenses, Lender Expenses Or Any Other Expenses Buyer May Incur During Escrow If Either Property Does Not Close. Offers Due November 25th, 2022

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/134743170
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2931 Mission Blvd San Diego, CA 92109

  • Price: $3,900,000
  • Status: ACTIVE
  • On Site: 16 Days
  • Updated: 45 min ago
  • ID#: 220028005
1
Beds
2
Baths
0
½ Baths
0.07
Acres
Neighborhood:
Pacific Beach (92109)
County:
San Diego
Area:
Pacific Beach (92109)
Property Description
Offers Due December 2nd, 2022 We are pleased to present 2931 Mission Boulevard, San Diego, CA 92109 in South Mission Beach. The property is comprised of four 1-Bed / 1-Bath & four Studio / 1-Bath units. The offering has been well-maintained and renovated throughout the duration of ownership. Newer roof, water heater, new fence, and dual pane windows. Mission Bay sits on the edge of San Diego with a 4,600-acre Aquatic Park in the middle. Tenants enjoy a beach property only steps to Mission Beach and Mission Bay with over 26 miles of waters-edge pathways. Belmont Park provides many shops and restaurants, amusement rides, rock climbing, gym & pool access, and arcade games. Disclaimer: Priced For Immediate Sale. Shall be sold separately or together with 2216-20 Dunlop St. 2931 Mission Blvd. & 2216-20 Dunlop St. Shall Be Sold Jointly And Contingent Upon Each Other's Closings. Seller Is Not Liable For Any Of Buyers Due Diligence Expenses, Lender Expenses Or Any Other Expenses Buyer May Incur During Escrow If Either Property Does Not Close. Offers Due November 25th, 2022
Exterior Features

Construction Stucco Exterior None Parking Spaces Total 0

Interior Features

Cooling None Sq Ft Of Improvement 3108

Property Features

Actual Cap Rate 2.29 Actual Gross Scheduled Income 159840.0 Actual Operating Expense 65918 Assumable Finance 0 Buildings 1 Complex Features Other/Remarks Existing Financing Other/Remarks Gross Equity 2700000 Gross Multiplier 24.4 Have Real Estate Mandatory Remarks None Known Market Area Coastal South Monthly Rent Total 13320 Motive Want Sell Projected Cap Rate 4.09 Projected Gross Multiplier 16.75 Unit Number1 4 Unit Number2 4 Unit Rent1 1835 Unit Rent2 1495

San Diego MLS logo Listing provided courtesy of Marcus & Millichap: [IDXCONTACTINFORMATION]. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team Real Estate Inc.
516 5th Avenue
San Diego CA, 92101