Rare Bayfront Triplex directly on the sandy shores of Mission Bay—an exceptional opportunity to live in one unit and rent the other two, or build your dream Bayfront estate. Enjoy breathtaking sunrise views, peaceful walks along the bay, and quick access to the surf across the street. At night, take in SeaWorld’s fireworks from the two lower patios or upper balcony. Ideally located near Mission Bay Yacht Club, Aquatic Center, Belmont Park, and all Mission Beach attractions. All three units are currently operating as short-term rentals (approx. $325K gross annual income, $50K expenses) with tenant occupancy and full interior remodels completed in 2022. New STR permit process, permits do not transfer. The 4,480 sq ft building, built in 1970, is in good condition with parking, newer roof (less than 10 yrs old), and new water heater. Recent upgrades include: new dishwasher and BBQ in unit 3540, freshly painted interior and exterior with excess wiring removed, all furniture and carpets replaced in all three units, new mattresses and pillows throughout, repaired cabinets, most light fixtures replaced, updated shower valves, new faucets, five new TVs, routers, inspected washer/dryer, repaired Medeco locks, new patio set (3536), exterior lighting (3534/3536), new smoke detectors, fire extinguishers, and updated electrical outlets.
For sale
$4,999,999
3536-40 Bayside Walk, San Diego, CA 92109
8beds
4,480sqft
Est.:
Res Income 2-4 Units
Built in 1970
-- sqft lot
$4,719,900 Zestimate®
$1,116/sqft
$-- HOA
What's special
New faucetsNew dishwasherNew tvsNew smoke detectorsNew mattresses and pillowsFull interior remodelsUpdated electrical outlets
- 17 days
- on Zillow |
- 1,183 |
- 36 |
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 03:31pm
Listed by:
Peter Middleton 01224842 1,
eXp Realty of California, Inc.,
Andrea Fulop 02009450 1,
eXp Realty of California, Inc.
Source: SDMLS,MLS#: 250025089

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Appliances
- Included: Dishwasher, Range/Oven, Refrigerator
- Laundry: Unit 1 Common Laundry Hookup, Unit 2 Common Laundry Hookup, Unit 3 Common Laundry Hookup
Features
- Has fireplace: Yes
Interior area
- Total structure area: 4,480
- Total interior livable area: 4,480 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Non-Garage(Uncovered)
- Has uncovered spaces: Yes
Features
- Levels: 3 Story
- Stories: 3
- Patio & porch: # of Units w/Patios: 2
- Fencing: Gate,Partial
- Has view: Yes
- View description: Bay, City, Evening Lights, Panoramic
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bay
- Frontage type: Bay/Harbor
Lot
- Size: 3,217 Square Feet
- Features: West of I-5
- Topography: Level
Details
- Parcel number: 4236131100
- Zoning: R-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Res Income 2-4 Units
Materials
- Wood/Stucco
- Roof: Other/Remarks
Condition
- Year built: 1970
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Mission Bay
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $1,116/sqft
- Tax assessed value: $2,461,890
- Annual tax amount: $30,310
- Date on market: 4/22/2025
- Listing agreement: Exclusive Right (R)
- Listing terms: Cash,Conventional,VA Loan
- Total actual rent: 0
- Tenant pays: Other/Remarks
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