3525 Bayside Walk

    San Diego, CA 92109
    • $2,695,000
    • STATUS: ACTIVE
    • ON SITE: 113 days
    • ID#: 190034796
    UPDATED: 52 min ago
    $2,695,000
    • 4
      BEDS
    • 0.06
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    Brand new remodel just completed! Amazing 3 unit property on right on the sand on Bayside Walk in Mission Beach. The property consists of a large upper, 3 bedroom 2 baths with large covered balcony overlooking Mission Bay. The lower right studio unit has also been completely remodeled w/Tenant in place. Finally, we have the 1 bedroom, 1 bath that is currently tenant occupied. Imagine sitting on one of the largest patios on the bay front enjoying the incredible San Diego beach lifestyle. Ample Parking. This Triplex was just finished an incredible upgraded features including a large bayside jacuzzi, top of the line, built-in BBQ, stunning outdoor gas fire feature, LED lighting, security systems, upgraded bathrooms, flooring & a rare 3 car garage. Perfect long term investment opportunity, Live in 1 unit & rent out the rest or use as a vacation rental with amazing income potential. Owner has spent over $250,000 on remodeling & improvements. Go up to at least 30 feet to maximize living space. The 1 bedroom unit is still tenant occupied & needs updating.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.teamforss.com/homes/96231234

    3525 Bayside Walk San Diego, CA 92109

    • Price: $2,695,000
    • Status: ACTIVE
    • Updated: 52 min ago
    • ID#: 190034796
    4
    Beds
    4
    Baths
    0
    ½ Baths
    0.06
    Acres
    1962
    Built
    Neighborhood:
    Mission Beach
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Property Description
    Brand new remodel just completed! Amazing 3 unit property on right on the sand on Bayside Walk in Mission Beach. The property consists of a large upper, 3 bedroom 2 baths with large covered balcony overlooking Mission Bay. The lower right studio unit has also been completely remodeled w/Tenant in place. Finally, we have the 1 bedroom, 1 bath that is currently tenant occupied. Imagine sitting on one of the largest patios on the bay front enjoying the incredible San Diego beach lifestyle. Ample Parking. This Triplex was just finished an incredible upgraded features including a large bayside jacuzzi, top of the line, built-in BBQ, stunning outdoor gas fire feature, LED lighting, security systems, upgraded bathrooms, flooring & a rare 3 car garage. Perfect long term investment opportunity, Live in 1 unit & rent out the rest or use as a vacation rental with amazing income potential. Owner has spent over $250,000 on remodeling & improvements. Go up to at least 30 feet to maximize living space. The 1 bedroom unit is still tenant occupied & needs updating.
    Exterior Features

    Exterior Stucco Fencing Partial Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 1 Parking Garage Spaces Unit3 2 Roof Rolled/Hot Mop Spa Private Below GroundYes Topography Level Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Units With Garages 2 Units With Patios 3 View BayEvening LightsMountains/HillsPanoramic

    Interior Features

    Cooling Wall/WindowOther/Remarks Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment FireplaceForced Air UnitWall/Gravity Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2 Total Baths Unit4 0 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups Yes Units With Cooling 3 Units With Dishwashers 3 Units With Dryers 1 Units With Fireplaces 2 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0 Water Heater Type Gas

    Property Features

    Actual Cap Rate 2.9 Age Restrictions N/K Annual Expense Actual 33156 Annual Expense Projected 83952 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0 Community Mission Beach Complex Features BbqLaundry FacilitiesSpa/Hot Tub Complex Park N/A Cross Streets El Carmel Gross Rent Multiplier Actual 24.6 Gross Rent Multiplier Project 13.3 Gross Scheduled Income Actual 105600 Gross Scheduled Income Project 195050 Home Owners Fees 0 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Net Operating Income Projected 111098 Other Fees 0 Other Income Actual 0 Pets Yes Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications AudioCable (Coaxial)Computer (Cat5)Multiple PhonesSecurity Tenant Pays Cable TvElectricityGas/Propane Terms CashConventionalFhaVa Unit Number For Unit1 A Unit Number For Unit2 B Unit Number For Unit3 C Unit1 Deposit 2550 Unit1 Occupied Tenant Unit1 Rent Actual 2550 Unit2 Deposit 2750 Unit2 Occupied Tenant Unit2 Projected Rent 3100 Unit2 Rent Actual 2750 Unit3 Deposit 5550 Unit3 Occupied Tenant Unit3 Rent Actual 5550 Water Meter On Property Water District City Of San Diego Zoning R-4:Multip

    Listing provided courtesy of Pacific Sotheby's Int'l Realty. Listing information © 2019 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
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