PRICE REFRESHED! Over 2300 SF of indoor outdoor ocean view living ! Situated just steps from both the beach and bay, this prime multi-unit property remodeled units and SOLAR offers an exceptional opportunity at the beach! Comprised of three units—a 3BR/1BA with ocean views, a 1BR/1BAwith ocean views, and a studio, this property is ideal for both investors and owner-occupants looking to capitalize on Mission Beach’s vibrant rental market. Located off San Juan Place, the narrowest part of the Mission Beach peninsula, this property is close to all the action, from sun-soaked beaches to tranquil bay views. Whether you're looking to generate income by renting all three units or prefer to live in one while renting the others, while exterior needs updating, this property offers unmatched potential. Nestled just steps from the sand, this charming multi-unit property in Mission Beach offers a unique opportunity for both investors and owner-occupants. Comprised of a spacious 2BR/1BA apartment, a cozy 1BA/1BA unit, and a studio, this property provides endless potential for income generation or the perfect beachside living arrangement. The 2-bedroom apartment boasts a desirable location with views of the ocean and boardwalk from the living area. Previously rented as a short-term vacation rental, this unit is currently leased to a long-term tenant at $3,800/month. With a 1-car garage and an additional exterior parking space, this unit offers convenience and privacy. The 1-bedroom and studio units will be delivered vacant, providing the perfect opportunity to either rent them out for additional income or live in one while renting out the others. According to Rent-O-Meter Pro, the studio has an average rental value of $2,063/month, and the 1-bedroom can command $2,588/month. These units feature assigned outdoor parking spaces, making them even more attractive to potential renters. Positioned off San Juan Place, the narrowest section of the Mission Beach peninsula, this property is ideally located just steps from both the beach and bay, offering the best of coastal living. The combination of rental income potential and the prime location makes this a rare opportunity to either capitalize on a steady stream of income or enjoy your own beachside retreat while offsetting costs. Whether you choose to rent all three units, or live in one and rent the others, the location, income potential, and versatility of this property make it an exceptional investment opportunity.
For sale
$2,859,000
3575-77 Strandway Way, San Diego, CA 92109
4beds
--sqft
Est.:
Multi Family
Built in 1938
-- sqft lot
$2,836,700 Zestimate®
$--/sqft
$-- HOA
What's special
Ocean viewsAdditional exterior parking spaceRemodeled unitsAssigned outdoor parking spaces
- 85 days |
- 453 |
- 20 |
Zillow last checked: 8 hours ago
Listing updated: November 05, 2025 at 11:53am
Listed by:
Helen Spear DRE #01244302 619-813-8503,
RE/MAX COASTAL,
Traci Stevens DRE #01204526 619-247-4671,
RE/MAX COASTAL
Source: SDMLS,MLS#: 250039711
Originating MLS: San Diego Association of REALTOR
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- N/K
Interior area
- Total structure area: 2,079
Property
Features
- Levels: 3 Story
- Pool features: N/K
- Spa features: N/K
- Fencing: N/K
- Has view: Yes
- View description: Ocean, Other/Remarks
- Has water view: Yes
- Water view: Ocean
- Frontage type: N/K
Lot
- Size: 3,154 Square Feet
Details
- Parcel number: 4236080500
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Wood
- Roof: Composition
Condition
- Year built: 1938
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & HOA
Community
- Security: N/K
- Subdivision: MISSION BEACH
HOA
- Services included: N/K
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $1,804,053
- Annual tax amount: $23,158
- Date on market: 9/24/2025
- Listing terms: Cash,Conventional
- Tenant pays: N/K
Estimated market value
$2,836,700
$2.69M - $2.98M
$4,563/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Listed for sale | $2,859,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,158 +6.3% | $1,804,053 +2% |
| 2024 | $21,780 +1205.7% | $1,768,680 +1243.7% |
| 2023 | $1,668 +2.8% | $131,626 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$17,986/mo
Principal & interest
$14197
Property taxes
$2788
Home insurance
$1001
Climate risks
Neighborhood: Mission Beach
Nearby schools
GreatSchools rating
- 7/10Pacific Beach Elementary SchoolGrades: K-5Distance: 2 mi
- 8/10Pacific Beach Middle SchoolGrades: 6-8Distance: 1.6 mi
- 9/10Mission Bay High SchoolGrades: 9-12Distance: 2.2 mi
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