Pending

2801 Oceanfront Walk

San Diego CA, 92109

$10,500,000


Pending

Commercial

Listed by Robert Vallera with Vallera Investment Properties 858-458-3337

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. PLEASE DOWNLOAD ATTACHED 32-PAGE OFFERING MEMORANDUM FOR COMPLETE DETAILS ABOUT THIS UNIQUE PROPERTY.

240007091SD

MLS ID

April 3, 2024

Listed

December 5, 2024

Updated

Map

2801 Oceanfront Walk
San Diego CA, 92109

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Radiant

Exterior/Building Features

Lot Size

0.15 Acres


Roof

Tar/Gravel

Other Property Details

Area Name

92109 - Pacific Beach


Days on Market

204


Garage

No


Parking Total

17


View

No


County

San Diego


Pool

No


Zoning

RM

Listing History

Date

Event

Price

10/24/2024

Pending

9/26/2024

Price change

$10,500,000

-9%

5/9/2024

Price change

$11,500,000

-11%

Listing Contact: 858-458-3337 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 4:20 AM UTC

 

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