|We had the pleasure of guiding both the buyer and seller to a successful close on this transaction! Only on the market for 10 days with multiple offers!
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!