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$4,700,000

Beds
Unknown
sq ft
4,639

2679 85 Mission Blvd Blvd S, San Diego, CA 92109

2679 85 Mission Blvd Blvd S

San Diego, CA 92109

  • 202 days on market
    • Price drop $100,000↓
South Mission Beach, truly unique property. Largest lot in the area (larger than 3 standard lots). This property is an island, there are no adjoining lots. It consists of Front House 3bd/3 bath and 4 unit building in back consisting of 3-2br/2ba and studio unit, 1 garage, 2 carports, + a few more spaces. Private patio for front house. Large yard/patio for other back units. All units have been remodeled and are now Airbnb rentals. Live in front house and Airbnb the back units or continue generating great income from all units. Amazing location! Great lot for redevelopment potential.

Details

Property type

Est. home value

$4,132,803

Lot size

7,045 sq ft

Price per sq ft

$1,014

Year built

1947

Price History

05/27/2024
CRMLS

CRMLS #NDP2309424

Price change
$4,700,000
-2.08%
05/22/2024
CRMLS

CRMLS #NDP2309424

Price change
$4,800,000
-2.04%
04/23/2024
CRMLS

CRMLS #NDP2309424

Price change
$4,900,000
-14.04%

Schools & Community

Neighborhood: 

Mission Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Lendspark Corporation

Loan start date

January 2024

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

6.95%

Loan type

Commercial

Seller

Salvagio Family I Limited Partnership

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 8:15 AM

Listing updated: 05/27/2024 at 12:40 PM

Listed by: Brad Vaughn, Professional Realty Services Phone #: (760) 603-8377

MLS: CRMLS #NDP2309424

CRMLS logo

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