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.
- 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
- Office Name:
- Fantastik Realty
- Agent Name:
- Robert Brown
- Building Size:
- 6600
- Number Of Units Total:
- 6
- Stories:
- 3
- Virtual Tour:
- https://www.propertypanorama.com/instaview/snd/250032138
- 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
- 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