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3449 Ocean Front Walk San Diego, CA 92109
$13,200,000 0 beds, 0 baths
6, 600 sqft
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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 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.

Listing Details

Property type: Com-Res Income (Multi-family)
Status: ACTIVE
MLS# 250032138
List price is $13,200,000
Beds: 0
Baths: 0
6,600 sqft
0.10 acres
County: San Diego
Zoning: R-4:MULTIP
MLS area: PACIFIC BEACH (92109)

Last Updated: 7/1/2025

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This listing belongs to the PACIFIC BEACH (92109) MLS area

Lat/Long: 32.777161, -117.253013.
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Listing Agent: Robert Brown
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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