Rarely available 14 unit ocean view property. Mid century built and styled. Large, open atrium entry with low maintenance landscaping creates a Zen like environment for tenants to enjoy. Two 2br/1ba units, Ten 1br/1ba units, and Two studio units. Many of the units have been updated and the entire building has been well maintained. 16 paring spots. Coin laundry room. Currently there are 2 vacant units and a 3rd unit will be vacant on 4/1/22. Solid financials, well maintained building, and desirable location make this a excellent investment opportunity.
Area & Lot
Status
Sold
Living Space
10,174 Sq.Ft.
Lot Size
0.181 Acres
MLS® ID
ML81882756
Type
COMMERCIAL
Year Built
1962
Architecture Styles
Contemporary
View Description
Public Utilities
Interior
Laundry Room
Coin Operated
Exterior
Garage Space
16
Water Source
Public
Utilities
Public Utilities
Roof
Other
Parking
Detached Garage
Heat Type
Electric
Air Conditioning
None
Sewer
Sewer - Public
Substructure
Other
HOA Amenities
BBQ Area, Garden / Greenbelt / Trails, Other
Security Features
Other
Financial
Sales Price
$4,200,000
Zoning
RM1
Property Images
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The Watson Marshall Group has over one billion dollars in combined experience. We consistently rank in the top 100 sellers in California and the top 250 Nationally.