NOT LISTED FOR SALE
9 Beds
7 Baths
10,609 Sq Ft
6,700 Sq Ft Lot

Sale Details

Date Sold: February 10, 2025

Last sale price $9,200,000 $867 Per Sq Ft

203 Days on Market

Highlights

  • 6,700 Sq Ft lot
  • Wood Flooring
  • Partially Fenced Property
  • Pacific Beach Elementary School Rated A-
  • 17 Car Garage

About This Home

As of February 2025

We are pleased to present this exceptionally rare opportunity to acquire the largest ocean front apartment building in San Diego’s Mission Beach, The Mariner Apartments. This sixteen-unit building enjoys 84 feet of beach frontage along a 6,700+ square foot lot in beautiful South Mission Beach. This is the first time this building has ever been offered for sale. The Mariner Apartments provide an opportunity for a forward-thinking investor to perform high-end renovations and create a trophy asset for their portfolio. » An investor could modernize and upgrade the building while retaining the existing unit floorplans. » Contingent upon City of San Diego approvals, a purchaser could also reconfigure floorplans to divide the 2,500+ sf penthouse into multiple oceanfront apartments and/or merge adjacent studios into larger units. » Alternately, a buyer may wish to retain and customize the penthouse for personal use. All of the units feature private patios or decks. The seven 2-bedroom units and the 2,500+ sf third floor penthouse face the ocean. The three ground floor 2-bedroom units open out onto large private patios which offer indoor-outdoor living and direct beach access. The four third-floor studios enjoy wonderful views over Mission Bay.

Last Agent to Sell the Property

Robert Vallera CCIM

Vallera Investment Properties License #00818308 Listed on: 04/03/2024

Last Buyer's Agent

Cody Evans

South Coast Commercial Inc. License #01399935

South Coast Commercial Inc.

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,700 Sq Ft Lot
  • Lot Dimensions are 84 x 79
  • Partially Fenced Property

Home Design

Interior Spaces

  • 9 Bedrooms
  • 10,609 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Parking

  • 17 Car Garage
  • 10 Carport Spaces
  • Parking Available

Additional Homes

  • Number of ADU Units: 1

Utilities

  • No Cooling
  • Radiant Heating System

Community Details

Overview

  • 16 Units

Building Details

  • 11 Leased Units
  • Operating Expense $252,932

Property Details

Home Type

Multi-Family

Lot Details

6,700 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 3
  • Unit Levels: 3 Story
  • Property Sub Type: Com-Res Income
  • Community Features: CTV Avail
  • Lot Size: 84 x 79
  • Co List Office Mls Id: 60142
  • Directions: Take Mission Boulevard one-half mile south of its intersection with West Mission Bay Drive (at Belmont Park.) Turn right and dri
  • Living Area: 10609.0
  • Structure Type: Apartment
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-02-12T19:36:09Z
  • FullAddress: 2801 Oceanfront Walk
  • NumofLeasedApartments: 11
  • SDMLS_NumofADUUnits: 1.0
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 9
  • Flooring: Slab, Wood

Exterior Features

  • Roof: Tar & Gravel
  • Construction Type: Cable Available, Metal Fence, Part Fenced, Part Landscaped

Garage/Parking

  • Carport Spaces: 10.0
  • Parking Features: Carports, Garages, Spaces
  • Total Parking Spaces: 17.0

Utilities

  • Cooling: None
  • Heating: Radiant
  • Laundry Features: Leased

Lot Info

  • Zoning: RM
  • Lot Size Sq Ft: 6700.0

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 16
  • Annual Operating Expense: 252932.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Sold $9,200,000 -12.4% $867 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
09/26/2024 09/26/24 Price Changed $10,500,000 -8.7% $990 / Sq Ft
05/08/2024 05/08/24 Price Changed $11,500,000 -10.7% $1,084 / Sq Ft
04/03/2024 04/03/24 For Sale $12,880,000 -- $1,214 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,956 $8,325,740 $6,911,958 $1,413,782
2024 $7,956 $624,919 $264,307 $360,612
2023 $7,760 $612,667 $259,125 $353,542
2022 $7,540 $600,655 $254,045 $346,610
2021 $7,476 $588,878 $249,064 $339,814
2020 $7,375 $582,841 $246,511 $336,330
2019 $7,247 $571,414 $241,678 $329,736
2018 $6,784 $560,211 $236,940 $323,271
2017 $6,712 $549,228 $232,295 $316,933
2016 $6,597 $538,460 $227,741 $310,719
2015 $6,504 $530,373 $224,321 $306,052
2014 $6,357 $519,984 $219,927 $300,057
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240007091

San Diego MLS

APN: 423-721-05-00

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