





Description
Ocean View, 30' x 90' Lot in the Sand Section! This Property hasn't changed hands in over 45 Years and it's easy to understand why. This west-facing lot is particularly unique in that its only adjacent neighbor is located on its east border, meaning there is street or alley access along its north, south, and – most importantly – west boundaries and, thus, there is little-to-no obstruction of the panoramic ocean views that charm the home’s top level. The existing building operates as an income-producing 2,156 square foot duplex with (1) 3 Bed/2 Bath upper unit and (1) 1 bed/1 Bath lower unit below. These units are currently collecting $4,100 and $2,600, respectively, and the top unit (owner’s unit) will be delivered vacant at the close of escrow! To that end, those buyers that are intending to build their dream home in the future are offered the rare opportunity to secure a highly coveted parcel of Sand Section land while adequately offsetting their mortgage payment until the time is right. In addition, the owner’s unit is amply upgraded throughout and features (2) large balconies with beautiful ocean views, one located at the entrance and the other privately placed outside the master bedroom. The kitchen is beautifully redone with granite countertops, brand new cabinetry that offers ample storage, and artistic tile flooring. Moreover, the top unit is afforded an oversized, 2-Car Garage with additional skirt parking and the bottom unit has its own carport space.
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