For Sale
For Sale
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Year Built
1940
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Overview
LIVE & WORK or Reconstruct to a Bigger Structure. Two blocks to the beach!! This is a unique opportunity to own a historic property that has only had 4 owners since it was first built during WWII. 1,124 SF bldg and an additional 500 SF fully furnished 1 bed + 1 bath home on 2,117 SF lot (35' x 60' lot dim). The front store (former surfshop) is vacant; the home is currently used as a vacation rental, demanding $200/night with over 60% occupancy rate. The home is completely remodeled with granite counter tops, stainless steel appliances, as well as hardwood flooring. There is currently a one-car garage & one parking space. Permits have been previously pulled which allows for a 3-story building, 30-feet above mid-grade. This lot has residential zoning potential as well. Contact agent for more info regarding permits, zoning, architectural renderings and plans (already paid for). This property has extremely high upside potential and is a developer's dream. It is situated in the El Porto Community and is a block away from the beach. **10% DOWN FINANCING THROUGH AN SBA (SMALL BUSINESS ADMINISTRATION) LOAN, CONTACT AGENT FOR MORE INFO**
Property Details
LIVE & WORK or Reconstruct to a Bigger Structure. Two blocks to the beach!! This is a unique opportunity to own a historic property that has only had 4 owners since it was first built during WWII. 1,124 SF bldg and an additional 500 SF fully furnished 1 bed + 1 bath home on 2,117 SF lot (35' x 60' lot dim). The front store (former surfshop) is vacant; the home is currently used as a vacation rental, demanding $200/night with over 60% occupancy rate. The home is completely remodeled with granite counter tops, stainless steel appliances, as well as hardwood flooring. There is currently a one-car garage & one parking space. Permits have been previously pulled which allows for a 3-story building, 30-feet above mid-grade. This lot has residential zoning potential as well. Contact agent for more info regarding permits, zoning, architectural renderings and plans (already paid for). This property has extremely high upside potential and is a developer's dream. It is situated in the El Porto Community and is a block away from the beach. **10% DOWN FINANCING THROUGH AN SBA (SMALL BUSINESS ADMINISTRATION) LOAN, CONTACT AGENT FOR MORE INFO**
- Property TypeOffice
- Amenities
- Internet
- Ready to move in
- Highway access
- A/C
- Furniture
- Kitchen
- Showers
- Submarket
- Year Built1940
- Sale Price$1,495,000
- Total Building Size1,124RSF
- Number of Floors1
- Largest Contiguous1,000RSF
- Typical Floor1,124RSF
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID1292766