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Key Details
Sold Price $1,790,000
Property Type Multi-Family
Sub Type MixedUse
Listing Status Sold
Purchase Type For Sale
Square Footage 6,740 sqft
Price per Sqft $265
MLS Listing ID SB19239965
Sold Date 12/10/19
HOA Y/N No
Year Built 1965
Lot Size 5,749 Sqft
Acres 0.132
Property Description
Location, location, location! Coastal gems like this well-maintained trophy investment property don't come around often. Beautiful 6-unit building featuring coastline and ocean views, low-maintenance exterior, ideal unit mix and 5 garages with great income. Additional carport and on site laundry. Located just 1/2 block from Paseo Del Mar, Pt. Fermin Lighthouse and Korean Bell Park. Owners currently occupy 2 units, which will be vacant at the COE. The 3 bed, 2 bath owners unit (downstairs front) includes a private garage with separate laundry and is perfect for an owner occupant or new tenant at current market rate rent. Ideal for an owner occupant to live in and use rental income to subsidize the mortgage! Other units bring in solid income with real upside rent potential. Properties like this rarely become available and, with current low inventory levels, it's sure to go fast!
Location
State CA
County Los Angeles
Area 181 - Point Fermin
Zoning LAR2
Rooms
Ensuite Laundry CommonArea, Inside, InGarage
Interior
Interior Features Balcony, OpenFloorplan, Storage, TileCounters
Laundry Location CommonArea,Inside,InGarage
Heating WallFurnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry CommonArea, Inside, InGarage
Exterior
Garage Carport
Garage Spaces 5.0
Carport Spaces 1
Garage Description 5.0
Fence Wood
Pool None
Community Features Biking, Curbs, Fishing, StreetLights, Sidewalks, WaterSports, Marina, Park
Utilities Available NaturalGasConnected
View Y/N Yes
View Coastline, ParkGreenbelt, Ocean, Water
Roof Type Composition
Accessibility None
Parking Type Carport
Total Parking Spaces 6
Private Pool No
Building
Lot Description Item610UnitsAcre, FrontYard, Landscaped, NearPark, NearPublicTransit, StreetLevel
Story 2
Entry Level Two
Sewer PublicSewer
Water Public
Architectural Style Custom
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7467028021
Security Features CarbonMonoxideDetectors,SmokeDetectors
Acceptable Financing Cash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange, Submit
Listing Terms Cash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Peter Hazdovac • Keller Williams Realty
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