$12,880,000
Units: 16
27 Days On Market

Courtesy of Greater San Diego Association.

Property Type: Com-res Income
Status: Active
Neighborhood: Ca
Days On Website: 27

Property Details for 2801 Oceanfront Walk, San Diego, CA 92109

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

Amenities

  • CTV Avail

Appliances & Equipment

  • 1 unit with dishwasher
  • 16 units with range
  • 16 units with refrigerator

Bedrooms

  • 1 bedroom

Building

  • 1962 years old
  • 3 stories
  • Block
  • Drywall
  • Frame
  • Stucco
  • 3 Story
  • Apartment

Cooling

  • None

Expenses

  • Operating expense: $275,450

Exterior Features

  • Cable Available
  • Metal Fence
  • Part Fenced
  • Part Landscaped

Floors

  • Slab
  • Wood

Garage

  • 1 unit with garage

Heating

  • Radiant

Laundry

  • Leased

Listing

  • Source: SDMLS
  • For Sale
  • Listing date: 2024-04-03

Location

  • County: San Diego

Lot

  • Approximately 6,700 lot square feet
  • Approximately 0 acres
  • .25 Acres or less

Parking

  • Carports
  • Garages
  • Spaces
  • 17 total parking spaces

Roof

  • Tar & Gravel

Unit One

  • Individual rent: $5,700
  • Total rent: $5,700
  • 2 bathrooms
  • 1
  • 3 bedrooms

Unit Two

  • Individual rent: $6,000
  • Total rent: $18,000
  • 1 bathroom
  • 3 units of this type
  • 2 bedrooms

Unit Three

  • Individual rent: $5,000
  • Total rent: $5,000
  • 1 bathroom
  • 1 unit of this type
  • 2 bedrooms

Unit Four

  • Individual rent: $2,934
  • Total rent: $8,802
  • 1 bathroom
  • 2 bedrooms
  • 3 units of this type

Unit Five

  • Individual rent: $2,400
  • Total rent: $2,400
  • 1 bathroom
  • 1 unit of this type

Unit Six

  • Individual rent: $1,419
  • Total rent: $9,934
  • 1 bathroom
  • 7 units of this type

Map View


$12,880,000 - 2801 Oceanfront Walk, San Diego, CA 92109

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2801 Oceanfront Walk
San Diego, CA 92109
County: San Diego