824 Coronado Court
San Diego, CA 92109
0.17 acres | #OC24107882
Description
Price improvement. The South Mission Bay Villas offer 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 9 month winter rental, and 3 month summer rental. The property can also be used as a vacation rental with proper documentation with the city.
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.
Property Details
- Lot DescriptionSixToTenUnitsAcre
- ViewBay, Ocean, Water
- Stories2
Measurements
- Acres0.1652
Parking
- Parking Spaces5
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1972
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionMission Beach
Location
- CountySan Diego
Financial Details
- Original List Price$8,500,000
Other
- MLS #OC24107882
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Peter Hauser (#OCHAUSPET)
Listing Office: NorthMarq Realty Services, Inc (#OC15988)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
