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Don Pelletier

[email protected] +1(858) 336-1114

$ 10,500,000

Est. payment -/mo

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Price Dropped by $1.0M

2801 Oceanfront Walk San Diego, CA 92109

6,700 Sqft Lot

UPDATED:

09/26/2024 07:19 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240007091

Lot Size 6,700 Sqft

Acres 0.15

Lot Dimensions 84 x 79

Property Description

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.

Location

State CA

County San Diego

Area Pacific Beach (92109)

Zoning RM

Interior

Heating Radiant

Cooling None

Flooring Tile, Wall to Wall Carpet

Laundry Leased

Exterior

Exterior Feature Cable Available, Metal Fence, Part Fenced, Part Landscaped

Garage Carports, Garages, Spaces

Roof Type Tar & Gravel

Total Parking Spaces 17

Building

Story 3

Lot Size Range .25 Acres or less

Others

Acceptable Financing Cash, Cash to New Loan

Space Rent $580,728

Listing Terms Cash, Cash to New Loan

Listed by Robert V Vallera Jr. • Vallera Investment Properties

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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Don Pelletier

Don Pelletier

2801 Oceanfront Walk San Diego, CA 92109

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