279
52
0
10

REMARKS:

Marketing Remarks: Great NEWS...Appraised for $2,500,000! Appraisal paid for by buyer, not owner! Compare to any Beachfront Units LEED specifications built! Reduced! Priced to SELL! Email for leases, Income/Expenses. $10,694 monthly payment includes PITI & $1,300 principal reduction. Assume loan of $1,424,000 at 6.99% with 1 point and EASY qualify. Failure to Assume loan will result in adding Prepayment Penalty of $43,500 added to Sales Price. Solar ($50,000 PAID for and included), On Demand Hot Water, Tankless Water Heaters, Ductless Heating, built to LEED specs, Passive Solar Design, 18 foot high ceilings, 2 x 6 fully insulated and sound proofed walls, and more! Commercial Zoning. $640 all utilities. 3 Units: Unit A 1,638 sq ft; Unit B 1,820 sq ft; $2,000/Unit C 462 sq ft. Furnishings and appliances to be INCLUDED. Make offer. $500,000 CASH Down and Seller/Assumption financing on balance. Vacation Rentals project $170,000 per year, CAP Rate of 4.00!!!. CALIFORNIA BEACHFRONT...PRICELESS!!! There are 39.54 million people in California, 2017 census. Guess how many people own California Beachfront property? Cheap when you consider that you get a Multigenerational 3 Units! Submit cash offer!

OVERVIEW:

Commercial Sale
Active
OCNO - Oceano
2016
5980
0.14
HardiPlank Type, Plaster
See Remarks
Zoned, Solar, See Remarks
Zoned
Public
Cable Available, Phone Available, See Remarks, Sewer Connected, Underground Utilities, Water Connected
70 x 85
Back Yard, Corner Lot, Front Yard, Gentle Slope, Landscaped, Lot Shape-Rectangular, Park Nearby, Paved

FEATURES:

Carbon Monoxide Detector(s), Fire Sprinklers

FINANCIAL:

2500000

Broker Reciprocity Courtesy of John Madrid, Broker

 

Based on information from California Regional Multiple Listing Service, Inc. as of 06/24/2018. 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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