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MISSION BEACH Property for sale: 828 Coronado Court in San Diego

828 Coronado Court San Diego MISSION BEACH

Main Photo: MISSION BEACH Property for sale: 828 Coronado Court in San Diego
$7,290,000
Prop. Type:
2-4 Units
MLS® Num:
306365667
Status:
Active
Bayfront Villas offers a rare opportunity to own bay front property in Mission Beach, San Diego, California. This property sits on two lots and can be utilized as a rental property. The property is currently used as a hybrid owner user plus rental. The property can be operated immediately as a short-term rental if the owner resides in the property for at least nine months out of the year. In order to obtain a short-term rental permit, non owner occupied, an application must be made and be placed on the waiting list. This unique property also presents itself as a prime development opportunity. With the ability to scrape the existing structures and build new condominiums, or keep the current structures in place and process with the department of real estate to sell individually as a TIC tenant in common ownership structure. Very few investment properties offer this range of investment alternatives and creative uses.
Total Floor Area:
Switch units of measure7,196 sq. ft.
Lot Size:
4,000-7,499 SF
Lot Size:
Switch units of measure7,196 sq. ft.
Number of Buildings:
2
Number of Units:
7
Stories:
2 Story
Total Stories:
2
Market Area:
OTHER
Community:
MISSION BEACH
County:
San Diego
Mello Roos Fee:
105.0
Monthly Total Fees:
8.0
Annual expense actual:
116997
Gross scheduled income:
382740
Unit Number for Unit 1:
1
Bedrooms for Unit 1:
0
Number of bathrooms for Unit 1:
1
Total Rent for Unit 1:
2200.0
Unit Number for Unit 2:
2
Bedrooms for Unit 2:
1
Number of bathrooms for Unit 2:
1
Total Rent for Unit 2:
2200.0
Unit Number for Unit 3:
3
Bedrooms for Unit 3:
1
Number of bathrooms for Unit 3:
1
Total Rent for Unit 3:
3750.0
Unit Number for Unit 4:
4
Bedrooms for Unit 4:
1
Number of bathrooms for Unit 4:
1
Total Rent for Unit 4:
1995.0
Bayfront Villas offers a rare opportunity to own bay front property in Mission Beach, San Diego, California. This property sits on two lots and can be utilized as a rental property. The property is currently used as a hybrid owner user plus rental. The property can be operated immediately as a short-term rental if the owner resides in the property for at least nine months out of the year. In order to obtain a short-term rental permit, non owner occupied, an application must be made and be placed on the waiting list. This unique property also presents itself as a prime development opportunity. With the ability to scrape the existing structures and build new condominiums, or keep the current structures in place and process with the department of real estate to sell individually as a TIC tenant in common ownership structure. Very few investment properties offer this range of investment alternatives and creative uses.
Site Influences:
Sidewalks
Directions:
Located directly on the bayfront in South Mission Beach off of Coronado Court
Pool:
N/K
Listing Type:
Exclusive Right (R)
Parcel Number:
4237180800
Listed by NorthMarq Realty Services, Inc
Data was last updated March 14, 2025 at 11:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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