USACASan DiegoMission Beach3510 Bayside Ln

Virtual Tour

$1,525,000

For Sale

2 months ago

3510 Bayside Ln, San Diego, CA

House

MLS® 260015976SD

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size -

Garage

Taxes

Days Active 51

Lot Size

Approx. Age 1947

MLS® Number 260015976SD

Property Address: 3510 Bayside Ln, San Diego, CA, 92109-7401

Average square foot calculated using Size range provided by listing agent.

Description

It is a pleasure to present for sale for the first time in over three decades, 3510 Bayside Lane, San Diego, CA 92109, an ideally positioned two (2) unit multifamily property, superbly well-located within Mission Beach, a stone’s throw from El Carmel Point and Sail Bay, with beautiful ocean/bay view exposure via redevelopment of this site to maximize building height/building area through new construction. Presently consisting of one (1) large one/bedroom-one-bathroom house with loft (+/-1, 000 SF) and one (1) studio cottage (+/-343 SF), separated by two off-street parking spaces in between them, the short term rental potential here is strong. Estimated to have been built in ±1935, while the existing single story residential structures generate some income, said income is low relative to the overall value of the land and its tremendous development potential, at a site that is under improved compared to several neighboring newer construction properties, which have been built up to three-story and/or thirty foot building heights, with much more rentable building area. Eventual redevelopment seems the highest and best use for this land, whether as a beach home and/or as a modern vacation rental property. The lot is ±2, 280 square feet, at the corner of El Carmel Place and Bayside Lane, within walking distance to: the Beach; its miles long boardwalk; the Mission Bay Yacht Club at El Carmel Point; Mission Bay Aquatic Center and Tower Beach Club at Santa Clara Point, along with its Playground + Athletic Fields/Courts (et al.); dining; bars; and Belmont Park. Presently units are estimated to be in average condition, with updates and repairs completed on an as-needed basis over the years. One could accelerate revenue growth via short term rentals upon any turnovers, as they work to obtain designs/plans/permits to ultimately maximize building area and improve income with a modern larger building(s) the land is deserving of and ripe for. Great for an investor or an owner/user as a legacy asset.

MLS® Number260015976SD

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1947

Basement

Driveway

Garage Spaces

HeatCombination, Wood

A/CNone

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 1, 2026List Date

$1,525,000List Price

Commute

Commute

Starting Address

Destination Address

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