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3536,3538,3540 Bayside Walk

San Diego, CA 92109
  • $5,499,000
  • STATUS: ACTIVE
  • ON SITE: 38 Days
  • ID#: 240005488
$5,499,000
  • 8
    BEDS
  • 0.07
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,480
    SQFT
  • $1,227
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

Description

WOW, Rare Bayfront Triplex on the sandy shores of Mission Bay. So much potential: live in one/rent two, or build your Bayfront dream home! Wake up to stunning sunrise views over the bay and enjoy leisurely walks along the bayside or cross the street to play at the beach. At night watch the SeaWorld fireworks from the two lower patios or upstairs balcony. Located in the heart of Mission Bay's lively community, this property is a short walk from Mission Bay Yacht Club, Mission Bay Aquatic Center, Belmont Park, and Mission Beach surf. All three units are currently short term rentals and tenant-occupied, promising steady income potential with short-term rental permits (approximately $325k annual income with $50k annual expenses). Short term rental permits do not transfer to new buyer. 1970 4,480 sqft building in good condition with parking. All three units underwent complete interior remodel in 2022. Roof less than 10 years old. New water heater. All information deemed to be reliable subject to buyer's investigation.

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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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/148549478
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3536,3538,3540 Bayside Walk San Diego, CA 92109

  • Price: $5,499,000
  • Status: ACTIVE
  • On Site: 38 Days
  • ID#: 240005488
8
Beds
5
Baths
0
½ Baths
0.07
Acres
4,480
SQFT
$1,227
$/SQFT
1970
Built
Neighborhood:
Mission Bay
County:
San Diego
Area:
Pacific Beach (92109)
Property Description
WOW, Rare Bayfront Triplex on the sandy shores of Mission Bay. So much potential: live in one/rent two, or build your Bayfront dream home! Wake up to stunning sunrise views over the bay and enjoy leisurely walks along the bayside or cross the street to play at the beach. At night watch the SeaWorld fireworks from the two lower patios or upstairs balcony. Located in the heart of Mission Bay's lively community, this property is a short walk from Mission Bay Yacht Club, Mission Bay Aquatic Center, Belmont Park, and Mission Beach surf. All three units are currently short term rentals and tenant-occupied, promising steady income potential with short-term rental permits (approximately $325k annual income with $50k annual expenses). Short term rental permits do not transfer to new buyer. 1970 4,480 sqft building in good condition with parking. All three units underwent complete interior remodel in 2022. Roof less than 10 years old. New water heater. All information deemed to be reliable subject to buyer's investigation.
Exterior Features

Exterior Wood/Stucco Fencing Gate Frontage Bay Parking Non Garage Desc Unit1 Uncovered Parking Non Garage Desc Unit2 Uncovered Parking Non Garage Desc Unit3 Uncovered Roof Wood Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 2 View BayPanoramic

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 1 Half Baths Unit3 0 Stories 3 Story Total Baths Unit1 1 Total Baths Unit2 2 Total Baths Unit3 3 Total Baths Unit4 0 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 1 Units With Dryers 0 Units With Fireplaces 3 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0

Property Features

Actual Cap Rate 5.0 Age Restrictions N/K Annual Expense Actual 50000 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community MISSION BEACH Complex Park N Cross Streets Between Nahant and Monterey Gross Rent Multiplier Actual 6.0 Gross Scheduled Income Actual 325000 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays Cable TVElectricityGas/Propane Terms CashConventional Unit Number For Unit1 3536 Unit Number For Unit2 3538 Unit Number For Unit3 3540 Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Rent Actual 6771.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Rent Actual 6771.0 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Rent Actual 13542.0 Water District CITY OF SAN DIEGO Zoning R-4:MULTIP

San Diego MLS logo Listing provided courtesy of Chris Love-Clapperton of eXp Realty of Southern California, Inc.: 619-922-4062. Listing information © 2024 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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