2801 Oceanfront Walk, Pacific Beach/Mission Beach, CA 92109

$9,200,000
9
BD
7
BA
10,609
SqFt

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Sold Price
$9,200,000
List Price
$10,500,000
Closing Date
Feb 10, 2025
Days on Market
313
Status
CLOSED
MLS#
240007091
Bedrooms
9
Bathrooms
7
Living Sq. Ft
10,609
Lot Size(apprx.)
6,700
City
Pacific Beach/Mission Beach
Property Type
Multifamily

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.

Additional Information

Cooling
None
Heating
Radiant
Living Area
10,609
Lot Size
6,700
Roof
Tar/Gravel
Stories
3
Parking Spaces
17

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Robert V Vallera Jr. (858-458-3337) from Listing Office: Vallera Investment Properties.

Selling Office: South Coast Commercial Inc..

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