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
7,897.43 Sq.Ft.
MLS® ID
ML81882756
Type
Multi-Family
Year Built
1962
Architecture Styles
Contemporary
Exterior
Garage Space
16.0
Water Source
Public
Parking
Detached
Heat Type
Electric
Sewer
Public Sewer
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.