Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $1.3K per day, based on similar listings in the area. Estimated short-term cap rate of 4.6%. Welcome home to the mediterranean lifestyle. Blue Water Ocean View Home in the Riviera. Older home that needs tender loving care, but sits in a neighborhood of 5 million dollar homes. A little sweat equity and you will have a great Ocean View Riviera Home for your lifetime residence. Few in this area have great off street parking like this home. A Cul de Sac with 2 car garage and a drive space. Open the front door to a 3 bedroom, plus office, 2 bath home. The separate upstairs apartment has 2 bedrooms and 1 bath with spectacular ocean views. Great income property. Upstairs has been a rental for the last 6 years +/-. Bring your creative minds, architects and designers. Definitely a diamond in the rough. The APN includes two lots with an extra space to the north for your infinity edge pool
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $2434 |
Bedrooms | 5 |
Bathrooms | 3 |
SQFT | 2,774 |
Furnished | unknown |
Year built | 1956 |
Listing Status | Off Market |
MLS | 23-2918 |
