Property Description

RARE TROPHY ASSET—the only 6-unit, 4-story oceanfront building in Mission Beach with no HOA and white papers in hand for a condo map. Six identical 2 BR / 2 BA ~1,100 SF residences span an irreplaceable 30 FT-wide lot, crowned by the ONLY 2 true 4th-floor penthouses in MB—soaring above the 30-ft height cap for panoramic surf-to-skyline views AND the bay! From studs out, the property underwent a $2 M+ fully permitted rebuild (2023): new roof, plumbing, electrical, HVAC, structural beams and framing, impact windows, glass sliding doors, smooth stucco, designer kitchens, spa baths, Euro-oak floors, and glass balcony railings that vanish into the horizon. Garage yields 8 on-site parking spaces (All single no tandem) plus shared oceanfront patio directly on the boardwalk AND each unit has its own oceanfront balcony + back balcony facing the bay. Operational flexibility & upside: • Vacation-rent all 4 upper units for maximum cash flow—pro formas exceed $760 K GSI. • Maintain existing two long-term leases in 2nd-floor units to preserve Tier-2 STR permits, while operating the top four as premium short-term rentals. • Sell-off strategy: activate the condo map and disposition units individually in a high-velocity market hungry for turnkey new build oceanfront condos. No HOA dues, no deferred maintenance, and no comparable site left to build. Whether held as a legacy multi-family asset, operated as a boutique luxury rental stack, or condo sales for immediate profits, 3449 Ocean Front Walk offers a once-in-a-generation chance to control the trophy of Mission Beach.

Address Map
Country:
US
State:
CA
County:
SD
City:
San Diego
Zipcode:
92109
Street:
Ocean Front Walk
Street Number:
3449
Longitude:
W118° 44' 49.2''
Latitude:
N32° 46' 37.8''
Directions:
Head west on Grand Ave , Left on Mission Blvd (south). Right on Lido Ct then left on strand way building on right
Mls Area Major:
Coastal South
Zoning:
R-4:MULTIP
Additional Info
Office Name:
Fantastik Realty
Agent Name:
Robert Brown
Additional Information
Building Size:
6600
Number Of Units Total:
6
Stories:
3
Virtual Tour:
https://www.propertypanorama.com/instaview/snd/250032138
Listing Information
List Agent Mls Id:
643559
List Office Mls Id:
3145
Mls Status:
ACTIVE
Modification Timestamp:
2025-07-31T18:38:19Z
Originating System Name:
SDMLS
Special Listing Conditions:
N/K

Residential Income

3449 Ocean Front Walk, San Diego, CA 92109

12 Bedrooms
12 Bathrooms
6,600
$12,950,000
Listing ID #250032138
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
250032138
Price :
$12,950,000
Bedrooms :
12
Bathrooms :
12
Square Footage :
6,600
Status :
Active
Property Sub Type :
Com-Res Income
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