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We are pleased to present this exceptionally rare opportunity to acquire the largest ocean front apartment building in San Diego’s Mission Beach, The Mariner Apartments. This sixteen-unit building enjoys 84 feet of beach frontage along a 6,700+ square foot lot in beautiful South Mission Beach. This is the first time this building has ever been offered for sale. The Mariner Apartments provide an opportunity for a forward-thinking investor to perform high-end renovations and create a trophy asset for their portfolio. » An investor could modernize and upgrade the building while retaining the existing unit floorplans. » Contingent upon City of San Diego approvals, a purchaser could also reconfigure floorplans to divide the 2,500+ sf penthouse into multiple oceanfront apartments and/or merge adjacent studios into larger units. » Alternately, a buyer may wish to retain and customize the penthouse for personal use. All of the units feature private patios or decks. The seven 2-bedroom units and the 2,500+ sf third floor penthouse face the ocean. The three ground floor 2-bedroom units open out onto large private patios which offer indoor-outdoor living and direct beach access. The four third-floor studios enjoy wonderful views over Mission Bay. PLEASE DOWNLOAD ATTACHED 32-PAGE OFFERING MEMORANDUM FOR COMPLETE DETAILS ABOUT THIS UNIQUE PROPERTY.
Property Details | ||
---|---|---|
Price | $11,500,000 | |
Property Type | Commercial | |
Sub type | SingleFamilyResidence | |
MLS Sub type | Commercial/Residential | |
Roof | Tar/Gravel | |
Heating | Radiant | |
Parking Spaces | 17 | |
Geographic Data | ||
Directions | Take Mission Boulevard one-half mile south of its intersection with West Mission Bay Drive (at Belmont Park.) Turn right and dri | |
County | San Diego | |
Latitude | 32.76365 | |
Longitude | -117.252198 | |
Market Area | 92109 - Pacific Beach | |
Address Information | ||
Address | 2801 Oceanfront Walk, San Diego, CA 92109 | |
Postal Code | 92109 | |
City | San Diego | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Vallera Investment Properties | |
Listing Agent | Robert Vallera | |
Buyer Agency Compensation | 1.000 | |
Buyer Agency Compensation Type | % | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Virtual Tour URL | https://voitco.com/ftp/uploads/2801_Ocean_Front_Walk.mp4 | |
MLS Information | ||
Days on market | 35 | |
MLS Status | Active | |
Listing Date | Apr 3, 2024 | |
Listing Last Modified | May 8, 2024 | |
Tax ID | 4237210500 | |
MLS Area | 92109 - Pacific Beach | |
MLS # | 240007091SD |
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This information is believed to be accurate, but without any warranty.