207
5
0
0

REMARKS:

Marketing Remarks: REDUCED $2.265!!! MAKE OFFER!!!! ALL PAYMENTS AND TAXES CURRENT. Assume loan of $1, 440, 000 with 1 point and qualify. Down payment cash and or trade? Seller will finance balance! Locations, ocean views, Solar ($50, 000 PAID for and included), On Demand Hot Water, Ductless Heating, built to LEED specs, Passive Solar Design, 18 foot high ceilings, 2 x 6 fully insulated and sound proofed walls, and more!4.3% CAP RATE. Beachfront Location, Location, Location!!! Commercial Zoning. Leased $11, 070/income and $1, 505/expenses (Taxes, Insurance, and all utilities). Solar Paid For $45, 000. 3 Units: Unit A 1, 638 sq ft; Unit B 1, 820 sq ft; Unit C 462 sq ft. Cap Rate 4.3%. Seller wants property in San Diego or Big Island Hawaii. Loan assumption fee of 1 point and qualify. Price to be increased if loan not assumed. Loan of $1, 440, 000 at 6.99% fixed until June of 2019. Monthly payment of $10, 106 included $435/Escrow and $1, 225/Principal Reduction. Furnishings and appliances to be INCLUDED. Write the offer! Don't miss the boat!!! All payments, taxes are current and SELLER SAYS SELL NOW!!!

OVERVIEW:

Hotel/Motel
Active
OCNO - Oceano
2016
5980
See Remarks
Solar, See Remarks
Phone Connected, Cable Available, See Remarks
Paved

FEATURES:

Fire Sprinklers

FINANCIAL:

2265000

Broker Reciprocity Courtesy of John Madrid, Broker

 

Based on information from California Regional Multiple Listing Service, Inc. as of 05/25/2017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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