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Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$1,525,000

Est. payment - /mo

2 Beds

2 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Mission Beach

MLS Listing ID 260015976

Bedrooms 2

Full Baths 2

Year Built 1947

Property Sub-Type Res Income 2-4 Units

Property Description

It is a pleasure to present for sale for the first time in over three decades, 3510 Bayside Lane, San Diego, CA 92109, an ideally positioned two (2) unit multifamily property, superbly well-located within Mission Beach, a stone's throw from El Carmel Point and Sail Bay, with beautiful ocean/bay view exposure via redevelopment of this site to maximize building height/building area through new construction. Presently consisting of one (1) large one/bedroom-one-bathroom house with loft (+/-1,000 SF) and one (1) studio cottage (+/-343 SF), separated by two off-street parking spaces in between them, the short term rental potential here is strong. Estimated to have been built in ±1935, while the existing single story residential structures generate some income, said income is low relative to the overall value of the land and its tremendous development potential, at a site that is under improved compared to several neighboring newer construction properties, which have been built up to three-story and/or thirty foot building heights, with much more rentable building area. Eventual redevelopment seems the highest and best use for this land, whether as a beach home and/or as a modern vacation rental property. The lot is ±2,280 square feet, at the corner of El Carmel Place and Bayside Lane, within walking distance to: the Beach; its miles long boardwalk; the Mission Bay Yacht Club at El Carmel Point; Mission Bay Aquatic Center and Tower Beach Club at Santa Clara Point, along with its Playground + Athletic Fields/Courts (et al.); dining; bars; and Belmont Park.

Location

State CA

County San Diego

Community Biking/Hiking Trails

Area Coastal South

Interior

Heating Fireplace

Fireplace No

Exterior

Fence Partial

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 423-616-07-00

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Call Agent

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Listed by Joseph A Burrough, DRE#02014504 Palma Commercial

Nearby School & Business

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Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

San Diego Communities

3510 Bayside Lane San Diego, CA 92109

Sheila Dadashzadeh

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information