Property listed by Real Broker, Keegan Wetzel 855-450-0442
$1,999,900
Yes, you read that right: a 2.75% assumable loan paired with three years of financials averaging $207K in annual income. Welcome to a Mission Beach tri-plex that does the math for you. Tucked just steps from both the bay and the ocean, this coastal investment delivers true SoCal lifestyle… Read More appeal. The front 2-bed/1-bath house offers a private deck, wood-burning fireplace, updated kitchen, in-unit laundry, and ample interior storage. Upstairs, two beautifully remodeled studios share a sunlit deck made for slow mornings and golden-hour evenings. An attached garage and a dedicated outdoor area for boards, bikes, and beach gear round out the package, giving guests (and owners) everything they need to live the Mission Beach lifestyle. All three units run as active short-term rentals with a proven 5.94% cap rate and consistent year-over-year performance. Whether you're an investor expanding a coastal portfolio or a buyer planning to live in one unit while the others cover the mortgage, the assumable financing alone makes this a rare opportunity. Three income-producing doors, one of San Diego's most in-demand STR markets, and a financing structure that simply doesn't exist in today's rate environment, this one will not last! ONLY date all 3-units are available for the Summer is 6/3. Offers due by 5:00 PM on Friday, 6/5/26 Read Less
Listing Snapshot
Days Online
14
Last Updated
Lot Size
0.03 Acres
Year Built
1985
MLS Number
260012362SD
Additional Details
Building
Built in 1985, 1 building, 2 stories, Levels: Two
Community
Park Name: NA
Cooling
None
Fence
Partial
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $207,570, Net Operating Income: $134,921
Lot
0.0266 acres
Roof
Composition
Taxes
Parcel Number: 4235922100
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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