The Franco Realty Group is pleased to exclusively present a rare coastal mixed-use investment opportunity in the heart of Mission Beach — one of San Diego's most supply-constrained and tourism-driven submarkets. Situated directly on Mission Blvd with 40 feet of street frontage, the property comprises 8 units totaling ±3,424 SF: six renovated studio apartments and two ground-floor commercial spaces, generating up to 10 sources of income including laundry and a boutique coffee shop tenant. With both commercial spaces currently vacant, the offering presents immediate value-add upside through lease-up at market rents, complemented by a stabilized residential income stream. Pro forma Year 1 NOI of $169,379 reflects a 5.13% cap rate, growing to 5.71% in Year 2 as rents escalate. Gross scheduled income is projected to reach $242,946 by Year 2.. One commercial space is plumbed for a kitchen with a grease trap and previous hood — ideal for a food & beverage operator. The MBPD-NC-S zoning also allows for potential conversion of commercial space to residential, adding further long-term optionality. SBA financing may be available for owner-users. Steps from Belmont Park, Mission Bay, SeaWorld, and the Pacific Ocean, this asset offers durable, tourism-backed income in a location where new supply is virtually impossible — positioning it well for premium rents and long-term appreciation.