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3510 Bayside Lane

San Diego, CA 92109
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It is a pleasure to present for sale for the first time in over three decades, 3510 Bayside Lane, San Diego, CA 92109, an ideally positioned two (2) unit multifamily property, superbly well-located within Mission Beach, a stone’s throw from El Carmel Point and Sail Bay, with beautiful ocean/bay view exposure via redevelopment of this site to maximize building height/building area through new construction. Presently consisting of one (1) large one/bedroom-one-bathroom house with loft (+/-1,000 SF) and one (1) studio cottage (+/-343 SF), separated by two off-street parking spaces in between them, the short term rental potential here is strong. Estimated to have been built in ±1935, while the existing single story residential structures generate some income, said income is low relative to the overall value of the land and its tremendous development potential, at a site that is under improved compared to several neighboring newer construction properties, which have been built up to three-story and/or thirty foot building heights, with much more rentable building area. Eventual redevelopment seems the highest and best use for this land, whether as a beach home and/or as a modern vacation rental property. The lot is ±2,280 square feet, at the corner of El Carmel Place and Bayside Lane, within walking distance to: the Beach; its miles long boardwalk; the Mission Bay Yacht Club at El Carmel Point; Mission Bay Aquatic Center and Tower Beach Club at Santa Clara Point, along with its Playground + Athletic Fields/Courts (et al.); dining; bars; and Belmont Park. Presently units are estimated to be in average condition, with updates and repairs completed on an as-needed basis over the years. One could accelerate revenue growth via short term rentals upon any turnovers, as they work to obtain designs/plans/permits to ultimately maximize building area and improve income with a modern larger building(s) the land is deserving of and ripe for. Great for an investor or an owner/user as a legacy asset.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,525,000

AD Id : 87407802

MLS Id : 260015976SD

Year Built : 1947

County : San Diego

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Roof: Composition
  • Cooling Features

    None Air Conditioning

    Heating Source

    Combination,Wood Has Heating

  • Building Information

    Year Built: 1947 Roof: Composition
  • Fencing

    Partial

  • Listing Price Information

    Original List Price: 1,525,000 Listing Contract Date: 2026-07-01
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 4236160700

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 92109 - Pacific Beach Directions: CrossStreet: Bayside Lane, El Carmel Place Source Property Type: Residential Income Area: 92109 - Pacific Beach
  • Building and Construction

    Property Age: 79 Year Built Source: Vendor Enhanced Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
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2139 Balboa Ave, San Diego, CA, 92109 $2,900,000 -- -- --
4801 Academy, San Diego, CA, 92109 $3,999,000 5 5 2,923 2,923 SqFt
4841 Academy St, San Diego, CA, 92109 $3,199,000 4 3 2,929 2,929 SqFt
1994 Diamond #2, San Diego, CA, 92109 $1,095,000 2 2 1,192 1,192 SqFt
4266 Morrell, San Diego, CA, 92109 $1,759,000 3 2 1,360 1,360 SqFt
3953 Sequoia St, San Diego, CA, 92109 $2,195,000 3 2 1,792 1,792 SqFt
4053 55 Jewell, San Diego, CA, 92109 $1,699,900 -- -- --
3634 Crown Point Dr, San Diego, CA, 92109 $2,595,000 4 3 1,926 1,926 SqFt

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ByOwner last updated this listing 07/08/2026 @ 00:21

MLS: 260015976SD LISTED BY: Joseph Burrough, Palma Commercial 858-352-6742 SOURCE: CRMLS

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