Price Reduced Listing
2886 Mission Blvd,San Diego, CA 92109
San Diego, CA 92109
Description
MAJOR PRICE REDUCTION FROM $3,300,000 TO $2,995,000!!! 2886-2888 Mission Blvd in San Diego, California is located in South Mission Beach. The property consists of an 8-unit coastal mixed-use asset comprising of six studio apartments and two ground-floor commercial retail spaces, situated along one of Mission Beach's most heavily trafficked pedestrian and vehicle corridors. Positioned directly on Mission Blvd, the site benefits from exceptional street visibility, strong daily foot traffic, and immediate proximity to both the ocean and Mission Bay. This offering presents an excellent opportunity for both owner-users and investors alike. An owner-user can establish or expand a retail or service-based business by occupying one or both of the vacant ground-floor commercial units, while benefiting from the income producing residential units above to offset carrying costs. For an investor, the vacant commercial spaces represent immediate value-add upside through lease-up, complemented by a stabilized residential income stream from six renovated units in one of San Diego's most supply-constrained coastal markets. Located within the thriving South Mission Beach submarket, the asset benefits from year-round tourism, strong rental demand, and consistent consumer traffic driven by nearby destinations including Belmont Park, SeaWorld, and Crystal Pier.
Details
| MLS # | 260015618SD |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 87 |
| Listing Provided By | Tony Franco Realty, Inc. | Tony Franco |
Features
| Units | 8 |
|---|---|
| Building(s) | 1 |
| Zoning | MBPD-NC-S |
| Acreage | 0.05 |
Interior
| Heating | See Remarks |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Composition |
|---|---|
| Construction Materials | Stucco |
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92109 |
| Area | 92109 Pacific Beach |
| Listing VS Median (in 92109) | |
Price: $2,995,000 low | high Med: $2,837,000 On site: 87 low | high Med: 91.5 | |
Market Activity 92109
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92109 |
| Area | 92109 Pacific Beach |
| Listing VS Median (in 92109) | |
Price: $2,995,000 low | high Med: $2,837,000 On site: 87 low | high Med: 91.5 | |