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3/06/25
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The Mariner, a 16-unit beachfront multifamily complex located at 2801 Ocean Front Walk in San Diego’s South Mission Beach neighborhood, was traded in a $9.2 mil ($575k/unit) transaction. Constructed in 1962 by the seller’s family, the property is a three-story, mid-century modern building situated on a 6.7k sf lot with 84 feet of ocean frontage.
The property — featuring large oceanfront patios and decks and 17 parking spaces — has eight studios, seven two-bedroom units, and a large three-bedroom penthouse facing the ocean. We’re told The Mariner is the largest remaining oceanfront apartment complex in Mission Beach as most larger buildings had been converted to condominiums over the years.
Robert Vallera, CCIM and Jon Boland of Voit Real Estate Services represented the sellers, Stingray Management LLC and JKCW LLC, both based out of San Diego. The buyer, a private investor, was repped by Cody Evans of South Coast Commercial.
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