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33758692

813-15 Isthmus Court, Sn Diego, CA 92109 For Sale

AH
CA CA 01981817
Marcus & Millichap - San Diego
JW
CA 02047944
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
$3,895,000
30 days on market
Updated 30 days ago

813-15 Isthmus Court

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,207
Net Rentable (SqFt) 3,207
Cap Rate 4.71%
NOI $183,536
Price per SqFt $1,215
Year Built 1989
Year Renovated 2025
Buildings 1
Stories 2
Acreage 0.060

Just Listed | Renovated Duplex | Mission Beach

Marketing description

  • Developed in 1989 and fully remodeled in 2025
  • Comprised of four- and six-bedroom units with large residential floorplans
  • Each unit features recently remodeled bathrooms, kitchens and bedrooms with high end finishes and modern designs
  • Desirable Turnkey Unit Amenities including fully furnished, vaulted ceilings, private balconies, in-unit laundry, tankless water heaters, dual pain windows, new roof
  • Strong Rental Demand in one of San Diego’s premier coastal neighborhoods
  • Prime Mission Beach Location steps from the beach, boardwalk, dining, shopping, and entertainment
  • Off street parking for both units

Investment highlights

We are pleased to present 813–815 Isthmus Court, a rare & highly renovated duplex investment opportunity located in the heart of Mission Beach, one of San Diego’s most desirable coastal neighborhoods. Situated on a 0.06-acre lot and totaling approximately 3,207 square feet, the property offers an exceptional combination of location, functionality, and income potential just steps from the Pacific Ocean.

The property consists of two fully furnished spacious turnkey residential units featuring a combined ten-bedroom layout. Each residence offers three bathrooms, vaulted ceilings, private balconies, in-unit stackable washer and dryers, tankless water heaters, and dual pain windows all under a new roof, creating an attractive living environment for both owner-occupants and renters. Both units include off street parking a highly valuable amenity in the Mission Beach market.

Positioned just steps from Belmont Park, the Mission Beach Boardwalk, Starbucks, restaurants, shopping, and world-class beaches, the property benefits from one of San Diego’s strongest coastal rental markets. The flexible configuration provides an opportunity for an owner-user to occupy one unit while generating income from the other, or for investors to capitalize on the area's strong long-term and vacation rental demand. With its premier location and unique unit composition, 813–815 Isthmus Court represents a compelling opportunity to acquire a well-positioned coastal asset in a high-barrier-to-entry market.

Listing Contacts

AH
CA CA 01981817
Marcus & Millichap - San Diego
JW
CA 02047944
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$183,536.00
$15,294.67/mo

Valuation Metrics

0
DSCR
4.71%
Cap Rate
4.71%
ROI

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Additional Information

Name
Austin Ray Huffman
License
CA 01981817
Brokerage Phone
858-373-3122
Name
Jamison Wheeler
License
02047944
Brokerage
Marcus & Millichap
Brokerage Phone
858-373-3216
Title
Associate
Brokerage Address
12544 High Bluff Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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