Joe McLaughlin / Broker Associate

My Office Listings

2813-23 Mission Blvd
Coastal South San Diego 92109

$1,750,000
Com-Res Income 2,763 sq. ft.

Main Photo: Property for sale: 2813-23 Mission Blvd in San Diego
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Status:
Sold
Prop. Type:
Com-Res Income
MLS® Num:
200031557
Sold Date:
Oct 05, 2020
Location, Income, Upside... South Mission Beach. LOCATION: Highly desirable coastal area income property. No vacancies, lots of parking (8 spaces). Beach & Bay 1/2 block away. Markets, pubs, entertainment are walkable. INCOME: Area has pivoted to more second homes/short term rentals, so long term rentals have become more scarce, rents continue to climb, and vacancies reduce. Most of the units have been upgraded over time. UPSIDE: Value can be added by creating side yard patios for lower units. Two parking spaces can be converted to court-side patio for tenants grilling, entertaining and relaxing. Interiors can be further remodeled to increase rents. This lot is over 300sf above standard. Allowing for over 3,000 sf, 3 story, duplex construction with water views if/when replacement is desired. Very few commercial income properties in this area. See video link for area overview.
Price:
$1,750,000
Property Type:
Com-Res Income
Floor Area:
2,763 sq. ft.
MLS® Num:
200031557
Status:
Sold
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Virtual Tour

Data was last updated October 26, 2020 at 01:10 PM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$3,695,000
Min list price:
$1,950,000
Max list price:
$16,600,000
Avg days on market:
45
Min days on market:
12
Max days on market:
374
Avg price per sq.ft.:
$580.26
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations.