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MISSION BEACH Property for sale: 3536-40 Bayside Walk in San Diego

3536-40 Bayside Walk San Diego MISSION BEACH

Main Photo: MISSION BEACH Property for sale: 3536-40 Bayside Walk in San Diegobanner
$4,999,999
Prop. Type:
2-4 Units
MLS® Num:
250025089
Status:
Active
Year Built:
1970
Rare Bayfront Triplex directly on the sandy shores of Mission Bay—an exceptional opportunity to live in one unit and rent the other two, or build your dream Bayfront estate. Enjoy breathtaking sunrise views, peaceful walks along the bay, and quick access to the surf across the street. At night, take in SeaWorld’s fireworks from the two lower patios or upper balcony. Ideally located near Mission Bay Yacht Club, Aquatic Center, Belmont Park, and all Mission Beach attractions. All three units are currently operating as short-term rentals (approx. $325K gross annual income, $50K expenses) with tenant occupancy and full interior remodels completed in 2022. New STR permit process, permits do not transfer. The 4,480 sq ft building, built in 1970, is in good condition with parking, newer roof (less than 10 yrs old), and new water heater. Recent upgrades include: new dishwasher and BBQ in unit 3540, freshly painted interior and exterior with excess wiring removed, all furniture and carpets replaced in all three units, new mattresses and pillows throughout, repaired cabinets, most light fixtures replaced, updated shower valves, new faucets, five new TVs, routers, inspected washer/dryer, repaired Medeco locks, new patio set (3536), exterior lighting (3534/3536), new smoke detectors, fire extinguishers, and updated electrical outlets.
Total Floor Area:
Switch units of measure3,217 sq. ft.
Lot Size:
1-3,999 SF
Lot Size:
Switch units of measure3,049 sq. ft.
Number of Buildings:
1
Number of Units:
3
Year Built:
1970
Stories:
3 Story
Total Stories:
3
Market Area:
Coastal South
Community:
MISSION BEACH
County:
San Diego
Neighborhood Code:
Mission Bay
Name of Complex/Subdivision:
None
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Other/Remarks
Other income:
0
Annual expense actual:
50000
Cap Rate.:
5.0
Gross Rent Multiplier:
6.0
Gross scheduled income:
325000
Unit Number for Unit 1:
3536
Finished Area for Unit 1:
Switch units of measure708 sq. ft.
Bedrooms for Unit 1:
2
Number of bathrooms for Unit 1:
1
Full Bathrooms for Unit 1:
1
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
0.0
Total Rent for Unit 1:
0.0
Parking for Unit 1:
Uncovered
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Common
Unit Number for Unit 2:
3538
Finished Area for Unit 2:
Switch units of measure708 sq. ft.
Bedrooms for Unit 2:
2
Number of bathrooms for Unit 2:
2
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
1
Deposit for Unit 2:
0.0
Total Rent for Unit 2:
0.0
Parking for Unit 2:
Uncovered
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
Common
Unit Number for Unit 3:
3540
Finished Area for Unit 3:
Switch units of measure3,064 sq. ft.
Bedrooms for Unit 3:
4
Number of bathrooms for Unit 3:
3
Full Bathrooms for Unit 3:
3
Half Bathrooms for Unit 3:
0
Deposit for Unit 3:
0.0
Total Rent for Unit 3:
0.0
Parking for Unit 3:
Uncovered
Unit 3 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 3:
Common
Number of bathrooms for Unit 4:
0
Nahant and Monterey
School District URL:
https://www.sandiegounified.org/
Elementary School:
San Diego Unified School District
Elementary School URL:
https://www.sandiegounified.org/
Middle School:
San Diego Unified School District
Middle School URL:
https://www.sandiegounified.org/
High School:
San Diego Unified School District
Site Influences:
West of I-5
Exposure Front:
Bay
Exterior Features:
Wood/Stucco
View:
Bay, City, Evening Lights, Panoramic
Directions:
Mission Blvd to El Carmel, N on Bayside Ln Bldg on right. Easy to park on El Carmel point and walk north on Bayside.
Cooling:
None
Number of Units with Cooling:
0
Number of Units with Dishwashers:
3
Number of Units with Dryers:
0
Number of Units with Fireplaces:
3
Number of Furnished Units:
0
Number of Units with Garages:
0
Number of Units with Patios:
2
Number of Units with Range/Oven:
3
Number of Units with Refrigerators:
3
Number of Units with Washers:
0
Pool:
N/K
Pool Heat:
None Known
Spa:
N/K
Spa Heat:
None Known
Roof:
Other/Remarks
Sewer Septic:
Sewer Connected
Telecommunications:
N/K
Water district:
CITY OF SAN DIEGO
Water supply:
Meter on Property
Boat Facilities:
No/Unknown
Security:
N/K
Fencing:
Gate, Partial
Topography:
Level
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional, VA
Parcel Number:
423-613-11-00
Listed by eXp Realty of California, Inc.
Data was last updated May 1, 2025 at 01:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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