PRICE $4,875,000.BEST PROPERTY AT THE BEACH. PRICE TO SELL.16% CAP RATE WITH 100% OCCUPANCY. CAN GENERATE $50K PLUS PER MONTH.HIGHLY SOUGHT OUT BRAEMAR DISTRICT NEIGHBORHOOD. BY FAR THE BEST NEIGHBORHOOD IN ALL THE BEACH AREAS. LOCATED NEXT TO THE CATAMARAN RESORT. YOUR FAMILY AND GUEST WILL ENJOY THE RESORT'S SPA, RESTAURANT, POOL AND ETC. JUST A FEW STEPS TO ALL 3 FAMOUS BEACH'S, MISSION BAY, MISSION BEACH AND PACIFIC BEACH. WALK AND BIKE THE BOARDWALKS.EXCELLENT "ADD ON VALUE":2). WITH THE JANUARY 2024 SB-10/SB-9 LAW PASSED, YOU MAY HAVE THE OPPORTUNITY FOR 6 INDIVIDUAL PROPERTIES UNITS TO BE BUILT OR LOT SPLIT.3). ON JUNE 2025 SB-79 LAW (SUBJECT TO PASSING) MAY ALLOW 15 UNITS, 6 STORIES, TOTAL OF 20,250 SQUARE FEET WITH A HEIGHT OF 65'. BEAUTIFUL OCEAN/BAY VIEWS.
Listed by:
Beycome Brokerage Realty Inc.
Source:
CRMLS
Date | Days Ago | Event | New Price |
---|---|---|---|
Jul 25, 2025 | 2 mos ago | Price decreased25,000 (1%) | $4,875,000 |
Feb 17, 2025 | 7 mos ago | New on market | $4,900,000 |