Live,
Work, and Income Too!
Here is a property that has it all! A few blocks to the beach, 3 residential
units, 6 private parking spaces (where parking is hard to find), and 3 Commercial
stores all on a main busy street in Ocean Beach of San Diego, CA |
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BELIEVE
ME! This property is a Rare Find in a Very Sparse Market |
Located in the Heart of the Village... $1,429,000.
This
wonderful multi-use property is located across from the post office and
the library, has parking in front, and is a few blocks from the beach. Lots
of traffic and excellent signage as you can see in the picture. Live, work
and income from the same property and, so
close to the beach!
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Double
Click a Picture to Enlarge |
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Here are some details about the property:
- Located in the heart of
the village - walk to the beach
- Lot is 7000 esf - Includes
3 commercial & 3 residential
- 3 Commercial units
total approx. 2000 sq. ft.
- 1 Res. above comm esf =1643,
balcony additional esf = 110
- Detached duplex in rear
(2) 1br. 1ba units.
- 6 parking spaces in rear
of property
- 100% leased -
approx. G.S.I = $72,045./year
- Units have been modernized
and condition is excellent
- Owner will carry financing
- Buyer to verify all.
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The
following is a list of uses that MIGHT work for this property:
- This building if
fully rented and leased - Investment property - rents are low to modest.
- Live in the 1643
esf home above and use the stores for your business.
- LIve in one duplex
unit, rent the other unit and home above, and use the stores for your
business.
- Build garages over
6 rear parking spaces with a 2 bedroom unit or offices on top.
- Convert 1643 esf
residential unit to offices and increase rent.
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Because
many of the big corporate companies are
trying to break into Ocean Beach and this being a highly desirable location,
we are thinking about contacting some directly such as: Starbucks - Coffee
Bean and Tea Company - Baskins and Robbins - Cold Stone - Domino's Pizza
- Pizza Hut - Rubios - Etc.
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