Description
Investor Opportunity with location to the beach, on the strand at Mission Beach. Some renovations have been made with room to maximize its full potential. Best investment opportunity in Pacific Beach. Sidewalk walking distance to the sand, multifamily 4 unit building with ocean view from 2nd floor.Ideal for vacation rentals. Property has a long term tenant paying $9500 per month. Building has permit to build motel, check with county. Location is one block from Belmont Park. Fix & develop. 3 bed/2 Bath 930 Sq Ft, 2 Bed/1 Bath 550 Sq Ft, 1 Bed/1 Bath 550 Sq Ft, 1 Bed/1 Bath 550 Sq Ft - total of 4 units with 4 separate entries. Shared deck and upper deck has views to ocean. On the strand with sidewalk to the sand. Two story building with a side patio for grilling lounging just steps to retail, restaurants, amusement park, the bay or ocean. Buy to build and improve or use existing tenant for immediate income, long term tenant is paying $9500 per month. Units are already partially renovated. An amazing experience at this location ocean views, bay views, park views, enjoy coastal living. Best place in Pacific Beach to invest. Very walkable.
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7BEDS
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0.05ACRES
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5BATHS
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01/2 BATHS
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2,580SQFT
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$775$/SQFT
School Ratings & Info
Description
Investor Opportunity with location to the beach, on the strand at Mission Beach. Some renovations have been made with room to maximize its full potential. Best investment opportunity in Pacific Beach. Sidewalk walking distance to the sand, multifamily 4 unit building with ocean view from 2nd floor.Ideal for vacation rentals. Property has a long term tenant paying $9500 per month. Building has permit to build motel, check with county. Location is one block from Belmont Park. Fix & develop. 3 bed/2 Bath 930 Sq Ft, 2 Bed/1 Bath 550 Sq Ft, 1 Bed/1 Bath 550 Sq Ft, 1 Bed/1 Bath 550 Sq Ft - total of 4 units with 4 separate entries. Shared deck and upper deck has views to ocean. On the strand with sidewalk to the sand. Two story building with a side patio for grilling lounging just steps to retail, restaurants, amusement park, the bay or ocean. Buy to build and improve or use existing tenant for immediate income, long term tenant is paying $9500 per month. Units are already partially renovated. An amazing experience at this location ocean views, bay views, park views, enjoy coastal living. Best place in Pacific Beach to invest. Very walkable.