Two Adjacent Lots | 10 Units | Mission Beach

801-807 Coronado Court, San Diego, CA 92109

  • For Sale $5,500,000
  • Property Type Multi-Family
  • Property Size 5,668 SF
  • Units 10
  • Lot Size 0.16 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1948
  • Year Renovated 2019
  • Date Updated Apr 17, 2024
Gone are the days when the neighborhood of Mission Beach was populated only by surfers and college students. Thanks to its spectacular location and rising demand, rents have increased dramatically and median home prices in 92109 are currently $1,800,000 and rising and up 23% from last year. The most prominent feature of the mission beach neighborhood is the three miles of boardwalk along the oceanfront and one of the area’s most popular beaches, the Golden Strand. It is a prime spot for those who enjoy water or beach sports. Mission Beach is also home to permanent lifeguard stations, for those who prefer to play it safe. There are also beach volleyball and basketball courts to work up a sweat before hitting the waves. On the other side of the peninsula is Mission Bay, another gorgeous body of water surrounded by trails, resorts, and marinas. To the south of Mission Beach lies the San Diego River estuary and world-famous Sea World.We are proud to present for sale, an extremely rare opportunity to own (10) well operated units, on two adjacent lots in South Mission Beach that is just steps to the sand. The unit mix here is comprised of (2) Two bedroom / one bath units and (8) one bedroom / one bath units. There are (10) covered off-street parking spaces for tenants. While the property has been extremely well maintained, there is opportunity for the new owner to complete additional interior upgrades with modern / higher end finishes to close the gap between current rents and market rents. High net worth tenants will pay or this location. There are multiple shops, restaurants, and bars walking distance from this property in addition to the obvious attraction of the beaches on either side of the peninsula. The new owner should also highly consider operating this as a short-term vacation rental to truly capitalize on the location.

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Attachments

Highlights

  • Two adjacent lots - APNs 423-717-01-00 and 423-717-02-00

Contacts

broker

Jeff Diller

South Coast Commercial

(714) 474-4495

Location

Getting Around

  • Walk Score ®

    68/100 Somewhat Walkable

  • Transit Score ®

    30/100 Some Transit

  • Bike Score ®

    65/100 Bikeable
Powered by Walk Score ®
  • City San Diego, CA
  • Neighborhood Mission Beach
  • Zip Code 92109
  • Market San Diego

Points of Interest

  • Tecolote Road

    2.70 miles

  • Old Town

    3.07 miles

  • Clairemont Drive

    3.16 miles

  • Morena/Linda Vista

    3.16 miles

  • Balboa Avenue

    3.58 miles

  • Washington Street

    4.20 miles

  • Fashion Valley

    4.78 miles

  • Middletown

    4.92 miles

  • Hazard Center

    5.42 miles

  • County Center/Little Italy

    5.58 miles

  • Shell

    1.11 miles

  • USA Gasoline

    1.35 miles

  • Sunset Gas and Market

    1.94 miles

  • Arco

    2.31 miles

  • Valero

    2.37 miles

  • Mobil

    2.41 miles

  • Shell

    2.44 miles

  • Arco

    2.56 miles

  • Vons 2116 Fuel Station

    2.59 miles

  • Arco

    2.67 miles

  • Hubbs Research Parkinglot

    1.06 miles

  • Perez Cove Parking Lot-SeaWorld Team Member Parking Lot

    1.10 miles

  • SeaWorld Team Member Parking Lot

    1.14 miles

  • SeaWorld Main Parkinglot

    1.42 miles

  • Famosa Slough Trailhead Parking

    1.71 miles

  • Team Member Parking

    1.73 miles

  • Lot A

    2.81 miles

  • Lot B

    2.88 miles

  • Lot C

    2.90 miles

  • O

    2.92 miles

  • Hyatt Regency Mission Bay Spa and Marina

    0.63 miles

  • Bahia Resort Hotel

    0.64 miles

  • The Dana On Mission Bay

    0.84 miles

  • Paradise Point Resort and Spa

    1.02 miles

  • Ocean Beach Hotel

    1.14 miles

  • OB Hostel

    1.25 miles

  • Salem Court Beach House

    1.44 miles

  • Catamaran Resort Hotel and Spa

    1.74 miles

  • Blue Sea Beach Hotel

    1.81 miles

  • Surfer Beach Hotel

    1.84 miles

  • Jack in the Box

    0.54 miles

  • Subway

    0.54 miles

  • Red Marlin

    0.57 miles

  • Sportsmen's Seafood

    0.78 miles

  • Surfrider Pizza

    0.85 miles

  • Bo Beau

    0.86 miles

  • 3rd Corner

    0.86 miles

  • Baleen

    0.91 miles

  • Barefoot Bar & Grill

    0.91 miles

  • Liticker’s

    0.95 miles

  • Mission Beach School

    0.68 miles

  • Sacred Heart Preschool

    1.21 miles

  • Pioneer Day School

    1.35 miles

  • Ocean Beach Elementary School

    1.36 miles

  • Collier Junior High School

    1.37 miles

  • Honey Bear Preschool and Child Care Center

    1.41 miles

  • Correia Middle School

    1.70 miles

  • Saint Peters by the Sea Pre-School

    2.00 miles

  • Warren Walker Elementary

    2.08 miles

  • Saint Andrews By The Sea Episcopal Preschool

    2.11 miles

  • The Vine

    4.59 miles

  • Coronado Baptist Day Care Center

    6.49 miles

  • Early Childhood Education Center

    7.73 miles

  • Chinese Bilingual Preschool

    8.50 miles

  • Our Lady of the Sacred Heart Catholic Church Day Care Center

    8.56 miles

  • Murphy Canyon Preschool

    8.87 miles

  • Saint Judes Shrine Child Care and Development Center

    9.41 miles

  • Child Development Center NBSD

    9.49 miles

Frequently Asked Questions

What is the lease rate for Two Adjacent Lots | 10 Units | Mission Beach?

Rental asking rate at Two Adjacent Lots | 10 Units | Mission Beach is $2,750,000.00/YR.

What is the total square footage of Two Adjacent Lots | 10 Units | Mission Beach?

Two Adjacent Lots | 10 Units | Mission Beach totals 5,668 square feet.

When was this property built?

Two Adjacent Lots | 10 Units | Mission Beach was built in 1948.

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Contact Listing Broker

broker

Jeff Diller

South Coast Commercial

(714) 474-4495