3415 Mission Blvd
San Diego, CA 92109
Luv Surf Apartments · Retail Property For Sale

Offering Memorandum can be downloaded at: https://www.brennanapartments.com/3415-mission-blvd We are pleased to present for sale the Luv Surf Apartments, an extremely rare, newly stabilized mixed-use asset in Mission Beach, one of the most popular beach towns in Southern California. On the ground floor is a newly rehabilitated 650 square foot VACANT commercial space prime for a new tenant, and just up a flight of stairs rests three newly-leased residential units consisting of a single 2-bedroom / 1-bath unit and two 1-bedroom / 1-bath units. Each unit has been upgraded to the highest-end finishes and is prime for both short and long-term rentals. Unit features include all new flooring, mini-split A/C systems, appliance packages, cabinetry, quartz countertops, backsplash, walk-in showers, tile and custom closet fixtures. Each unit includes its own single-car garage and in-unit laundry. The three residential units have been fully stabilized and leased while the commercial space is being kept available for a new buyer to insert their own tenant or owner/occupy. One of the most popular beaches in the city and easily accessible to nearby San Diego hotels, Mission Beach sports a two-mile oceanfront boardwalk and quaint beach cottages for residents and seasonal tourists. Belmont Park, the notable oceanfront amusement park, is also due to undergo some major renovations by its operator, Pacifica Enterprises. Pacifica plans to open a two-story Fit Athletic Club where the irreparable Plunge indoor swimming pool once was, which will feature a rooftop workout area, juice bar, and Astroturf for yoga classes. The nearly $11M investment into the project, along with ongoing residential development of luxury condos in the area will continue to drive tourism and rental demand in this already popular beach town.