Description
Take advantage of this rare opportunity to lease or purchase this commercial/residential mixed-use property in the heart of Avenida Del Mar. This unique property offers real estate tax advantages via the Mills Act, if you choose to purchase the property. The current structure offers 2 bedrooms, 1 bathroom down, and 1 bedroom, 1 bathroom up. The downstairs offers over 900 sq ft of commercial opportunity for any commercial business who requires heavy foot traffic. The upstairs could lease out in the $2000-$2500 range. The 4500 square foot lot offers a long driveway and large front yard. Restaurants, Pacific Ocean, Street Fairs and shopping plus the Trolley are incremental assets.
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3BEDS
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0.1ACRES
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2BATHS
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01/2 BATHS
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1,248SQFT
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$3,205$/SQFT
School Information
Description
Take advantage of this rare opportunity to lease or purchase this commercial/residential mixed-use property in the heart of Avenida Del Mar. This unique property offers real estate tax advantages via the Mills Act, if you choose to purchase the property. The current structure offers 2 bedrooms, 1 bathroom down, and 1 bedroom, 1 bathroom up. The downstairs offers over 900 sq ft of commercial opportunity for any commercial business who requires heavy foot traffic. The upstairs could lease out in the $2000-$2500 range. The 4500 square foot lot offers a long driveway and large front yard. Restaurants, Pacific Ocean, Street Fairs and shopping plus the Trolley are incremental assets.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-25T13:30:16.593. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.