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Listed by Peter Hauser • NorthMarq Realty Services, Inc
$ 6,950,000
Est. payment /mo
Price Dropped by $340K
828 Coronado CT San Diego, CA 92109
7,196 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25033479
Originating Board California Regional MLS
Year Built 1965
Lot Size 7,196 Sqft
Property Description
Bayfront Villas offers a rare opportunity to own bay front property in Mission Beach, San Diego, California. This property sits on two lots and can be utilized as a rental property. The property is currently used as a hybrid owner user plus rental. The property can be operated immediately as a short-term rental if the owner resides in the property for at least nine months out of the year. In order to obtain a short-term rental permit, non owner occupied, an application must be made and be placed on the waiting list. This unique property also presents itself as a prime development opportunity. With the ability to scrape the existing structures and build new condominiums, or keep the current structures in place and process with the department of real estate to sell individually as a TIC tenant in common ownership structure. Very few investment properties offer this range of investment alternatives and creative uses.
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Interior
Laundry Other, Washer, Community Facility, Dryer
Exterior
Garage Spaces 12.0
Pool None
Building
Water District - Public
Others
Tax ID 4237180800
Special Listing Condition Not Applicable
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