806 Manhattan Ct, CA 92109
806 Manhattan Ct, CA 92109
806 Manhattan Ct, CA 92109
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Carlos Rodrigues Rodrigues, DRE #01424826 • Berkshire Hathaway HomeService
$2,699,000
Est. payment /mo
5,133 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPTP2606902

Year Built 1980

Lot Size 5,133 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

Exceptional value-add multifamily opportunity in the highly sought-after Mission Beach submarket. This 4-unit apartment property sits on an approximately 5,133 SF lot comprised of two APNs and offers a compelling investment profile with below-market rents, a vacant unit, and significant rental upside. The unit mix includes one 3-bedroom/2.5 bath unit, 2-bedroom/2-bath unit, and two 2-bedroom/1.5-bath units, providing strong tenant appeal in a supply-constrained coastal rental market. Current occupancy is 75%, with one vacant unit creating an immediate opportunity to establish market rent while preserving in-place cash flow from the occupied units. The property's location in Mission Beach benefits from exceptionally high barriers to entry, limited new multifamily development opportunities, and consistently strong demand for coastal housing. A standout feature is the extensive onsite parking, downstairs laundry facility, a storage room, including a 2-car garage, the other is a tandem 4-car with two additional spaces, giving this property 8 total parking spots! With one additional covered parking space, an increasingly scarce amenity in the coastal market. Positioned just 1 block from both the Pacific Ocean and the Mission Bay yacht club, the asset offers investors the opportunit

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Interior

Cooling Window / Wall Unit

Laundry In Closet, Other, Washer/Dryer - Leased

Exterior

Parking Features Storage - RV, Assigned Spaces, Carport , Garage

Garage Spaces 12.0

Pool 31, None

View Bay, Ocean, 30

Roof Type Shingle

Building

Story Split Level

Foundation Concrete Perimeter

Others

Tax ID 4236170600

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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