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Buy a houseat 3879 Ocean Front Walk, San Diego, CA 92109

$6,750,000

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Residential

2,830 Sq. Ft.

2,882 Sq. Ft. lot

5 Bedrooms

5 Bathrooms

393 Days on market

230006190SD MLS ID

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About 3879 Ocean Front Walk house

One of the best lots in all of Mission Beach! Approximately 60 Feet of Frontage on Ocean Front Walk with unobstructed views of the Pacific Ocean. The property is known as Villa Azure and it is one of the most Iconic Luxury Homes on the Boardwalk!! Rebuilt in 2010 the 2,830 Square Foot 5 Bedroom/5 Bath Single Family Home includes a 2 car garage and 2 off street parking spaces. All of the doors facing the ocean are accordion style so they open up to the warm coastal breeze. A unique feature is the 3rd floor of this house. It offers a large Living Room, Partial Kitchen and a huge balcony that surrounds most of this 3rd level. There is an outdoor seating area and BBQ/Bar allowing your guests to entertain in privacy high above the Boardwalk with an almost 360 degree view. Excellent Opportunity to obtain a property needing some rehabilitation priced at a discount well below other nearby comparable sales. About a year ago the property experienced some water damage related to heavy rains. The Seller had a full forensic study completed to estimate the damage to get the property back to livable condition. This study is available to prospective buyers to review. Prior to the water damage the property was operated by Bluewater Vacation Rentals and averaged between $2,000 to $3,200/night depending on the season. Bluewater is a large Vacation Rental Company and this was one of their most popular Rentals. Current estimate is that once the property is back in previous condition the income should be around $550,000/year.
One of the best lots in all of Mission Beach! Approximately 60 Feet of Frontage on Ocean Front Walk with unobstructed views of the Pacific Ocean. The property is known as Villa Azure and it is one of the most Iconic Luxury Homes on the Boardwalk!! Rebuilt in 2010 the 2,830 Square Foot 5 Bedroom/5 Bath Single Family Home includes a 2 car garage and 2 off street parking spaces. All of the doors facing the ocean are accordion style so they open up to the warm coastal breeze. A unique feature is the 3rd floor of this house. It offers a large Living Room, Partial Kitchen and a huge balcony that surrounds most of this 3rd level. There is an outdoor seating area and BBQ/Bar allowing your guests to entertain in privacy high above the Boardwalk with an almost 360 degree view. Excellent Opportunity to obtain a property needing some rehabilitation priced at a discount well below other nearby comparable sales. About a year ago the property experienced some water damage related to heavy rains. The Seller had a full forensic study completed to estimate the damage to get the property back to livable condition. This study is available to prospective buyers to review. Prior to the water damage the property was operated by Bluewater Vacation Rentals and averaged between $2,000 to $3,200/night depending on the season. Bluewater is a large Vacation Rental Company and this was one of their most popular Rentals. Current estimate is that once the property is back in previous condition the income should be around $550,000/year.

Property details

Appliances and Equipment

Built-In Range

Convection Oven

Double Oven

Dishwasher

Freezer

Disposal

Indoor Grill

Ice Maker

Microwave

Refrigerator

Bathrooms

5 full bathrooms

5 total bathrooms

Bedrooms

5 total bedrooms

House

3 total stories

Built in 2010

2,830 sqft living area

Contemporary

Glass

Synthetic Stucco

Three Or More

Cooling

Central Air

High Efficiency

Zoned

Fence

Partial

Garage

Attached garage

2 garage spaces

Heating

Forced Air

Laundry

Gas Dryer Hookup

Listing

Listing ID: 230006190SD

Property Subtype: Single Family Residence

Listed on 2023-04-04

Location

County: San Diego

Subdivision: Mission Beach

Lot

2882 sqft

0.0662 acres

Area: 2882

Parking

2 open parking spaces

4 total parking spaces

Driveway

Monthly cost

Estimated monthly cost

$43,014/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$6,345,000

+$202,500

$6,547,500

Seller agent commission$202,500 (3%)*

$0 (0%)

Buyer agent commission$202,500 (3%)*

$202,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: May 2, 2024 at 4:52 p.m.

Data updated: Apr 5, 2023 at 5:07 a.m.

Property listed by Marcus & Millichap, Thomas McCartin
Based on information from California Regional Multiple Listing Service, Inc. as of 04/05/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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