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Mission Beach Triplex Near Ocean
For Sale
$2,095,000

726 28 1/2 Ormond Ct, San Diego, CA 92109

Triplex steps from the beach with strong rental potential.

Property SizeContact for details
Days on Market103

Property Features for 726 28 1/2 Ormond Ct

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1924
Stories 2
Units 3
Listing Agency:
Listed By: Domenick Weinbrenner
Source: Elliman
Added: May 20 Changed: Aug 8 Last Checked: Aug 29 at 2:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Domenick Weinbrenner

Investment Insights

Based on property information with market context.

This North Mission Beach triplex is located west of Mission Blvd, a short distance from the beach. The coastal property includes three 1BR/1BA units. Two front units share a gated patio, and a detached rear unit is situated above a garage space. The units feature functional layouts and parking per unit, appealing to renters. The property provides access to the Mission Beach boardwalk, bayfront activities, dining, and entertainment. Mission Beach is positioned between the Pacific Ocean and Mission Bay. The property is suitable as a vacation retreat or an income-producing investment, offering flexibility with multiple units, rental potential, and a coastal location. Recent upgrades include a full unit remodel and a tankless water heater at 728. Unit 728 1/2 has in-unit laundry. New shingles have been added to the front of the roof, along with minor painting and landscaping work. The property has a bike score of 73, indicating it is very bikeable, and a walk score of 91, designating it as a walker's paradise. The transit score is 42, indicating some transit options are available.

Key Highlights

  • Steps to the beach in highly desirable North Mission Beach location.
  • Triplex with three 1BR/1BA units offering strong rental income potential.
  • Functional layouts with parking per unit.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service Garden Center Locksmith Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

448
Businesses Nearby

Demographics for 92109, CA

44,671
Population
26,503
Households
1.7
Avg Household Size
35
Median Age
70%
College-Educated
97%
High-School Grad
7.6 sq mi
ZIP Area
5,878
Density / Sq Mi
$118,300
Median Household Income
$71,054
Median Earnings
$2,362
Median Rent
$1,136,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex steps from the beach with strong rental potential.
Where is this triplex located?
The property is located at 726 28 1/2 Ormond Ct San Diego, CA.
What is the asking price?
The asking price for this property is $2,095,000.
What are key features of this property?
This property features: Steps to the beach in highly desirable North Mission Beach location.; Triplex with three 1BR/1BA units offering strong rental income potential.; Functional layouts with parking per unit.
More about this property
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