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2931 Mission Blvd
Coastal South San Diego 92109

$2,900,000
Residential Income beds: 1 baths: 2.0 3,108 sq. ft. built: 0

Main Photo: Residential Income for sale : 1 bedrooms : 2931 Mission Blvd in San Diego
Photo 1: Residential Income for sale : 1 bedrooms : 2931 Mission Blvd in San Diego
Photo 2: Residential Income for sale : 1 bedrooms : 2931 Mission Blvd in San Diego
Photo 3: Residential Income for sale : 1 bedrooms : 2931 Mission Blvd in San Diego
Photo 4: Residential Income for sale : 1 bedrooms : 2931 Mission Blvd in San Diego
Photo 5: Residential Income for sale : 1 bedrooms : 2931 Mission Blvd in San Diego
Photo 6: Residential Income for sale : 1 bedrooms : 2931 Mission Blvd in San Diego
Photo 7: Residential Income for sale : 1 bedrooms : 2931 Mission Blvd in San Diego
Photo 8: Residential Income for sale : 1 bedrooms : 2931 Mission Blvd in San Diego
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
250033003
Bedrooms:
1
Bathrooms:
2
Lowest price per unit in all of Mission Beach!! Located steps from the beach, 2931 Mission Blvd is an exceptional 8-unit property in the heart of Mission Beach. The two-story building features four 1-bedroom/1-bath units and four studio apartments across 3,108 square feet on a 2,962 square foot lot. Units include upgraded kitchens with granite countertops, heating systems, and double-pane windows. With strong occupancy, R4 zoning, and unbeatable proximity to Belmont Park, Mission Bay, and top universities, this property offers stable income, coastal lifestyle appeal, and future development potential.
Property Sub Type:
Com-Res Income
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Coastal South
Total Building Area:
3,108 sq. ft.
Total Floor Area:
3,108 sq. ft.
Total Bedrooms:
1
Bathrooms:
2
Half Bathrooms:
0
Num Stories:
2
Year Built:
0
Age (in years):
2,025 year(s)
Terms:
Cash, Cash to New Loan, Exchange Down, Exchange Up
Total Actual Rent:
$14,340
Cap Rate.:
3.7
Gross scheduled income:
172080.0
Projected gross scheduled income:
240960
Projected Gross Multiplier:
12.0
Operating expense:
61880.0
Projected Cap Rate.:
6.0
Number of Units:
8
Number of Units in Unit 1:
4
Number of Units in Unit 2:
4
Total Rent for Unit 1:
$8,125
Total Rent for Unit 2:
$6,215
Complex Features:
None
Special Listing Conditions:
N/K
Construction Material:
Stucco
Lot Size:
0 sq. ft.
Parcel Number:
423-704-12-00
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Listed by Bridgepoint Realty Inc
Data was last updated August 27, 2025 at 03:10 AM (UTC)
Area Statistics
Listings on market:
69
Avg list price:
$2,995,000
Min list price:
$1,200,000
Max list price:
$15,999,000
Avg days on market:
64
Min days on market:
1
Max days on market:
652
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations. This data is not produced by the MLS® system.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.