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2886 Mission Blvd #881 / 17 · Click to zoom

About this home

2886-2888 Mission Blvd in San Diego, California is located in South Mission Beach. The property consists of an 8-unit coastal mixed-use asset comprising of six studio apartments and two ground-floor commercial retail spaces, situated along one of Mission Beach's most heavily trafficked pedestrian and vehicle corridors. Positioned directly on Mission Blvd, the site benefits from exceptional street visibility, strong daily foot traffic, and immediate proximity to both the ocean and Mission Bay. This offering presents an excellent opportunity for both owner-users and investors alike. An owner-user can establish or expand a retail or service-based business by occupying one or both of the vacant ground-floor commercial units, while benefiting from the income producing residential units above to offset carrying costs. For an investor, the vacant commercial spaces represent immediate value-add upside through lease-up, complemented by a stabilized residential income stream from six renovated units in one of San Diego's most supply-constrained coastal markets. Located within the thriving South Mission Beach submarket, the asset benefits from year-round tourism, strong rental demand, and consistent consumer traffic driven by nearby destinations including Belmont Park, SeaWorld, and Crystal Pier.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$2,900,000 · Feb 2022
📋 Assessed value$3,139,051
💵 Annual tax$38,559
🏫 School districtSan Diego City Unified School District

MLS #260015618

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$20,674
Principal & interest$16,687
Property tax$3,025
Home insurance$963
Down payment: $660,000Loan: $2,640,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.