Joe McLaughlin / Broker Associate

My Office Listings

5153 & 5153 1/2 Mission Blvd
Coastal South San Diego 92109

$3,795,000
2-4 Units built: 1950

Main Photo: PACIFIC BEACH Property for sale: 5153 & 5153 1/2 Mission Blvd in San Diego
Photo 1: PACIFIC BEACH Property for sale: 5153 & 5153 1/2 Mission Blvd in San Diego
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Status:
Active
Prop. Type:
2-4 Units
MLS® Num:
220028499
Year Built:
1950
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. 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 investment property. This is not your typical duplex!
Lot Size:
4,000-7,499 SF
Number of Buildings:
1
Number of Units:
2
Year Built:
1950
Stories:
Other/Remarks
Market Area:
Coastal South
Community:
PACIFIC BEACH
County:
San Diego
Neighborhood Code:
North Pacific Beach
Name of Complex/Subdivision:
None
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Cable TV, Electricity
Other income:
0
Annual expense actual:
0
Cap Rate.:
0.0
Projected Cap Rate.:
4.19
Gross Rent Multiplier:
0.0
Projected Gross Rent Multiplier:
23.87
Gross scheduled income:
0
Projected gross scheduled income:
159000
Unit Number for Unit 1:
5153 1/2
Finished Area for Unit 1:
1,758 sq. ft.
Bedrooms for Unit 1:
3
Number of bathrooms for Unit 1:
2
Full Bathrooms for Unit 1:
2
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
0.0
Total Rent for Unit 1:
0.0
Projected Rent for Unit 1:
8500.0
Garage for Unit 1:
Attached
Parking for Unit 1:
Uncovered
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Yes
Unit Number for Unit 2:
5153
Finished Area for Unit 2:
1,133 sq. ft.
Bedrooms for Unit 2:
3
Number of bathrooms for Unit 2:
2
Full Bathrooms for Unit 2:
2
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
0.0
Total Rent for Unit 2:
2700.0
Projected Rent for Unit 2:
4750.0
Garage for Unit 2:
N/K
Parking for Unit 2:
Tandem, Uncovered
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
Yes
Number of bathrooms for Unit 3:
0
Number of bathrooms for Unit 4:
0
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 home 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.
Sapphire
Site Influences:
Corner Lot, Sidewalks, Street Paved, West of I-5
Exterior Features:
Wood/Stucco
View:
City, Evening Lights, Ocean/Bay
Directions:
Northeast corner of Mission Blvd & Sapphire Street
Cooling:
None
Heating:
Wall/Gravity
Heating fuel:
Electric
Irrigation:
Sprinklers
Number of Units with Cooling:
0
Number of Units with Dishwashers:
2
Number of Units with Dryers:
2
Number of Units with Fireplaces:
1
Number of Furnished Units:
0
Number of Units with Garages:
1
Number of Units with Patios:
2
Number of Units with Range/Oven:
2
Number of Units with Refrigerators:
2
Number of Units with Washers:
2
Pool:
N/K
Pool Heat:
None Known
Spa:
N/K
Spa Heat:
None Known
Roof:
Composition, Rolled/Hot Mop
Sewer Septic:
Sewer Connected
Water supply:
Meter on Property
Security:
N/K
Fencing:
Partial
Topography:
Level
Short Sale:
No
Listing Type:
Exclusive Agency (A)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional
Parcel Number:
415-241-28-00
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Data was last updated November 28, 2022 at 01:10 PM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$1,895,000
Min list price:
$895,000
Max list price:
$7,900,000
Avg days on market:
82
Min days on market:
11
Max days on market:
662
Avg price per sq.ft.:
$509.8
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 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 © 2022 San Diego Multiple Listing Service, Inc.