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Key Facts

Type Timeshare
Levels Residential
Size 5757 sqft
Garage Yes
HOA Fees $6,846
Taxes 
Days Active 0
Approx. Age 1971
Avg. Price Per Sqft $23
MLS® Number PTP2506126

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Located at 4767 Ocean Boulevard in Pacific Beach, the Capri By The Sea timeshare offering is a fantastic opportunity for a short-term rental investor to capitalize on a total of six weeks of luxury condominium timeshares in a single transaction. All six timeshares offer unobstructed, ocean views and sounds of crashing waves with floor-to-ceiling windows, breathtaking sunsets, private outdoor balconies to enjoy the fresh ocean breezes, full kitchens, and direct access to the ocean. The property is also steps away from Crystal Pier in Pacific Beach as well as plenty of nearby restaurants, shopping, and all the outdoor activities that Pacific Beach and Mission Bay has to offer vacationing guests. The Capri By The Sea property itself also provides on-site amenities such as a parking garage, an outdoor heated pool, hot tub, 24-hour security, free WiFi, business center, and rooftop grills. An investor in this transaction specifically is will purchase six APNs that come along with these timeshares, oceanfront ownership, property depreciation, no management fees, no maintenance expenses, and no cleaning fees. Estimated annual income of $16, 800 / year which includes the 2-bedroom units renting for a projected $500 / night and the 1-bedroom units renting for a projected $300 / night. Total expenses for all 6 timeshares are estimated at $7, 346 / year which derive from a total HOA fee of approximately $6, 846, / year plus property taxes at $500 / year. There is also a San Diego vacation rental fee of $125 / week to consider for Airbnb operations. Unit APNs 415-521-41-52, 415-521-33-10, 415-521-34-18, 415-521-41-03, 415-521-34-15, 415-521-40-04Show Description
MLS® NumberPTP2506126
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelInside
Exposure
Exterior
GarageYes
Approx. Age1971
Stories12
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/CCentral Air
Heating Fuel

Extras

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