725-727 San Fernando Pl, Pacific Beach/Mission Beach, CA 92109

$3,750,000
380,303
SqFt
List Price
$3,750,000
Days on Market
12
Status
ACTIVE
MLS#
230009648
Living Sq. Ft
380,303
Lot Size(Range)
1-3,999 SF
Lot Size(apprx.)
2,331
City
Pacific Beach/Mission Beach
Neighborhood
Mission Beach
Complex/Building Name
N/A
Property Type
Multifamily
Year Built
1991

Property Description

$459,064 in gross revenue generated in 2022! VERY LUCRATIVE, cash-flowing business opportunity with a 10% CAP RATE!!! Incredibly well maintained, Luxurious, turnkey, and FULLY FURNISHED coastal 2-unit building located just steps away from the boardwalk and ocean in Mission Beach! The adjacent building 721-723 San Fernando is also listed for sale for $3.750M - the numbers advertised are based 721-723's performance. P&L on file. Unit 725 consists of 3BR, 3BA with 1BR/1BA and kitchen/living on first floor, 2BR 2BA on second floor & 2 car Tandem Garage. Unit 727: 3BR, 2.5BA with 2BR/2BA on second floor & 1BR 1BA with kitchen/living on 3rd floor with side-by-side 2 car garage. Ultra Prime location, panoramic white-water views of the ocean, beach & palm trees. Close to restaurants, shopping, bars, entertainment, fit athletic, belmont park, you cannot beat this location. First Viewings during open houses: 24th 10AM-5PM 25th 11AM-2PM 29th 2PM-5PM

Additional Information

Building Name
N/A
Living Area
380,303
Lot Size
2,331
Lot Size Range
1-3,999 SF
Neighborhood
Mission Beach
Pets
Yes
Stories
2 Story
Style
Res Income 2-4 Units
Year Built
1991

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Monroe Herington (619-929-6546) from Listing Office: eXp Realty of California, Inc..

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