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Property for sale: 931 - 939 Ocean Ave in Del Mar

931 - 939 Ocean Ave Del Mar

Main Photo: Property for sale: 931 - 939 Ocean Ave in Del Marbanner
$21,995,000 /4399000.0
Prop. Type:
Com-Res Income
MLS® Num:
250026018
Status:
Active
Year Built:
2001
A Once-in-a-Lifetime Opportunity purchase the 5 Iconic & Legendary Cottages of Del Mar (est 1886) For the first in decades, a truly extraordinary multi-unit property is being offered in Del Mar – and it is nothing short of Legendary. Located in a Super Prime, Iconic Oceanfront setting, this rare offering features Five (5) Luxury Cottages perched atop over 180 Feet of Dramatic Bluff Frontage. Originally built in the 1880’s, these historic cottages are a treasured piece of Del Mar’s storied past. Each of the 5 residences have a charming coastal vibe perfect floorplan as a one-bedroom loft layout, approximately 700 square feet in size, blending timeless character with Breathtaking Ocean Views. Opportunities like this – to own multiple Oceanfront units on one of Del Mar’s most coveted stretches of coastline – simply do not come around. Whether you preserve their historic charm or create a new legacy, this is a Once-in-a-Generation Chance to secure a remarkable piece of Southern California’s Coastal History.
Rental Amount:
36875
Price Per Unit:
4399000.0
Total Floor Area:
Switch units of measure8,004 sq. ft.
Lot Size:
Switch units of measure7,841 sq. ft.
Lot Size Commercial:
.25 Acres or less
Lot Details:
180 x 50
County:
San Diego
Market Area:
Coastal North
Number of Buildings:
5
Number of Units:
5
Stories:
2 Story
Num Stories:
2
Unit Type:
Free Standing, Other/Remarks
Year Built:
2001
Flood Zone:
Hazard Unknown
Geological Hazard Zone:
Hazard Unknown
Gross Multiplier:
0.0
Gross scheduled income:
0.0
Operating expense:
0
Projected gross operating income:
331875
Projected gross scheduled income:
442500
Projected annual P&I expense:
110625
Projected operating expense:
110625
Gross equity:
21995000
Motive / Want:
Sale of asset!
Financial Information Source:
Other/Remarks
Existing Financing:
Other/Remarks
Present Loan:
0
Short Sale:
No
Listing Type:
Exclusive Right (R)
Complex Features:
N/K
Exterior Finish:
Auto Front Sprinklers, Cable Available, Front Sprinklers, Fully Landscaped, Remarks
Special:
None
Parking:
Spaces
Total Parking Spaces:
5
Cooling:
Other
Heating:
Wall/Gravity
Laundry:
Owned
Construction Material:
Drywall, Frame, Other/Remarks
Roof:
Composition
Floor finish:
Hardwood, Tile, Wall to Wall Carpet
Terms:
Other/Remarks
Number of Units with Dishwashers:
5
Number of Units with Disposals:
5
Number of Units with Drapes:
4
Number of Units with Range/Oven:
5
Number of Units with Refrigerators:
5
Number of Leased Apartments:
4
Parcel Number:
300710100
Number of Units in Unit 1:
1
Unit 1 Furnished:
N
Total Rent for Unit 1:
7375.0
Bedrooms for Unit 1:
1
Bathroom 1:
1.0
Number of Units in Unit 2:
1
Unit 2 Furnished:
N
Total Rent for Unit 2:
7375.0
Bedrooms for Unit 2:
1
Bathroom 2:
1.0
Number of Units in Unit 3:
1
Unit 3 Furnished:
N
Total Rent for Unit 3:
7375.0
Bedrooms for Unit 3:
1
Bathroom 3:
1.0
Number of Units in Unit 4:
1
Unit 4 Furnished:
N
Total Rent for Unit 4:
7375.0
Bedrooms for Unit 4:
1
Bathroom 4:
1.0
Number of Units in Unit 5:
1
Unit 5 Furnished:
N
Total Rent for Unit 5:
7375.0
Bedrooms for Unit 5:
1
Bathroom 5:
1.0
Listed by Compass
Data was last updated May 2, 2025 at 07:10 PM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
Data Source Logo
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.