5153 Mission Blvd, Pacific Beach/Mission Beach, CA 92109

$3,649,000
5
BD
4
BA
2,891
SqFt
List Price
$3,649,000
Price Change
▼ $146,000 1669847638
Days on Market
19
Status
ACTIVE
MLS#
220028498
Bedrooms
5
Bathrooms
4
Living Sq. Ft
2,891
Lot Size(Range)
4,000-7,499 SF
City
Pacific Beach/Mission Beach
Neighborhood
North Pacific Beach/Bird Rock
Ownership
Fee Simple
Property Type
Single Family Residential
Year Built
1950

Property Description

Welcome to Mission + Sapphire - The ultimate in Southern California beach living. Extraordinary opportunity to own TWO unique homes in North Pacific Beach, just two blocks to the sand. Consistent 15% YOY growth for the last 13 years with with projected short term gross income of $270k/yr+ make this a superb investment. Wake up to panoramic ocean, city light & coastline views all the way to Mexico and catch the sunset & Seaworld fireworks from your private, 2nd floor deck with 10' La Cantina-style folding door and built-in gas firepit. Set on a prominent corner lot on Mission & Sapphire Street, both homes are in the acclaimed La Jolla school district, with multiple options as a primary, vacation, VRBO, or income property. This is not your typical duplex!

Additional Information

Stories
2 Story
Architectural Style
Contemporary, Modern
Roof
Composition, Flat
Equipment Available
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove Hood, Gas Range
Additional Rooms
Bedroom Entry Level, Bonus Room, Breakfast Area, Family Room, Great Room, Master Retreat, Office, Optional Bedrooms, Storage Room
Cooling
N/K
Heat Equipment
Wall/Gravity
Patio
Deck, Patio, Porch - Front, Porch - Rear
Heat Source
Electric
Parking Garage Spaces
1
Age Restriction
N/K
Supplemental
The Sapphire House is a custom-built, 2-story modern beach home. Architecturally designed & remodeled in 2012 - 1758 SF with 2 bedroom suites - one up and one down - with optional 3rd bedroom, walk-in closet, 2 baths, 2nd floor deck with 10' folding doors, gas firepit and stunning ocean views. Wall of windows bathe the home in natural light and the dual built-in office is perfect for working from home. Small fenced sideyard is a great option for pets or your surfboards. Low-maintenance stained concrete and travertine floors with custom open-riser steel & cable staircase. Bathrooms feature quartz counters and mosaic floor-to-ceiling tile. Oversized kitchen & great room have vaulted wood ceilings, ample counter space with breakfast bar, custom tile inlay, stainless appliances, and open up to the 2nd floor deck for perfect indoor/outdoor living. Private and yet an easy stroll to the beach, boardwalk, shops & restaurants. The Mission House is a quintessential, single-story beach bungalow with 3 beds, 2 baths, 1133 SF, and large yard with mature, lush landscaping. Remodeled in 2009, this darling home has a cozy fireplace with glass mosaic surround, oak floors, and upgraded kitchen with oversized breakfast bar. Large primary suite with separate entrance and darling rear patio. 3rd bedroom is perfect for home office. 2-car tandem driveway with outside storage closet for beach gear. Currently tenant-occupied. There are so many options for this property. Whether you are looking for beach house with bonus rental income, vacation home, or high-end vacation rental, this is the property for you! Short term and long terms rents projected at $150K+/Yr. Zoned RM-1-1 with potential to modify/add additional unit(s). One shared wall between homes & 2 off street parking spaces for each home, plus a one-car garage perfect for parking your beach golf cart! W/D in each unit.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kelly E Macdonald (858-805-1775) from Listing Office: Compass.

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