719 Jersey Ct San Diego
D, CA 92109
Beds
2
Baths
1
Sqft
798
Year Built
1930
Days on Market
3
Property Type
Single Family
HOA/mo
N/A
MLS ID
260004761SD
Description
Enhance this 2 bedroom 1 bath storybook cottage or build your dream ocean-view beach home(s) on this exceptional Mission Beach lot just three doors from the oceanfront. Mission Beach is nuanced; here are a few things to look out for when searching for “the one”: A) OCEAN VIEWS: The views on this one are better than most. While many properties in MB are downhill from the beach, this lot is relatively level with the sand, which means ocean views start at your patio level. The recently redeveloped next-door property to your west is terraced with step-backs at floors 2 and 3, which provides excellent view opportunities for your future second and third stories. B) LAND: If you look at Mission Beach on a map, typical court-side lots nearly double in size once you cross south of Santa Clara Place. 719 Jersey Court enjoys one of these larger lots boasting 2,400 sq ft (30' x 80') of land with court and alley access. Apply Mission Beach’s sensational floor-area ratio (FAR) of 110%, and you’re looking at an opportunity to build a spectacular 2,640 sq ft property—comprised of one or two homes— plus (yes, plus) onsite garage parking for four cars per zoning. C) LOCATION: You’re on the ocean side of the peninsula, which means no busy road between you and the beach. You’re located close enough to Belmont Park to enjoy its amenities but far enough away to avoid the increased activity. Additional neighborhood assets nearby include miles of boardwalk and white sand, the Bahia Resort Hotel, the Mission Bay Yacht Club, and more.
Mortgage Calculator
Est. Monthly Payment
$11,395
Comparable Properties
5 comps foundThis Property
$2,870
Comp Average
$4,585
1119 Reed Avenue
3bd / 2.5ba · 1,430 sqft · Condo
$1.15M
Est. $5,673/mo
1235 Parker Pl San Diego
2bd / 2ba · 875 sqft · Condo
$1.15M
Est. $5,482/mo
1278 Pacific Beach Dr San Diego
2bd / 2ba · 1,032 sqft · Condo
$1.10M
Est. $4,171/mo
4667 Ocean Boulevard
1bd / 1ba · 697 sqft · Condo
$1.10M
Est. $4,103/mo
4013 Crown Point Dr San Diego
2bd / 2ba · 913 sqft · Condo
$1.15M
Est. $3,494/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Estimated Rent
Rent − PITI − HOA
Incl. vacancy, PM, maint, capex
⚠️ Need ≥ 1.25 for DSCR loan
Lower = better for investors