2931 Mission Blvd - Apartments FOR SALE


San Diego, CA 92109- Mission Beach
$3,649,000 USD
619-226-6011
2931 Mission Blvd, San Diego, CA for Sale
$3,649,000 USD
Apartments - FOR SALE
1/10
null | 2.57% Cap Rate

2931 Mission Blvd
San Diego, CA 92109
Mission Beach


HIGHLIGHTS

  • In Heat of South Mission Beach
  • Steps from the Beach
  • Perfect for Vocational Rental
  • Great Condition, Easy to Manage
  • Strong Rental Upside
  • Renovated Interiors & Exterior

OVERVIEW

Located steps from the beach, 2931 Mission Blvd is an exceptional 8-unit property in the heart of Mission Beach. Built in 1952, the two-story building features four 1-bedroom/1-bath units and four studio apartments across 3,108 square feet on a 2,962 square foot lot. Units include upgraded kitchens with granite countertops, heating systems, and double-pane windows. With strong occupancy, R4 zoning, and unbeatable proximity to Belmont Park, Mission Bay, and top universities, this property offers stable income, coastal lifestyle appeal, and future development potential.

FOR SALE DETAILS

PRICE

$3,649,000 USD

PRICE/SF

$1,174 USD /SF

# OF UNITS

8

PRICE/UNIT

$456,125

CAP RATE

2.57%

% LEASED

99%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

R4, San Diego

APN/PARCEL ID

423-704-12

ASK ABOUT THIS PROPERTY

Brian NelsonSouth Coast Commercial, Inc.More Info
619-226-6011

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Brian NelsonSouth Coast Commercial, Inc.More Info
619-226-6011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.