Description
$459,064 in gross revenue generated in 2022! VERY LUCRATIVE, cash-flowing business opportunity with a 10% CAP RATE!!! Incredibly well maintained, Luxurious, turnkey, and FULLY FURNISHED coastal 2-unit building located just steps away from the boardwalk and ocean in Mission Beach! The adjacent building 725-727 San Fernando is also listed for sale for $3.750M. Unit 721 consists of 3BR, 3BA with 1BR/1BA and kitchen/living on first floor, 2BR 2BA on second floor & 2 car Tandem Garage. Unit 723: 3BR, 2.5BA with 2BR/2BA on second floor & 1BR 1BA with kitchen/living on 3rd floor with side-by-side 2 car garage. Ultra Prime location, panoramic white-water views of the ocean, beach & palm trees. Close to restaurants, shopping, bars, entertainment, fit athletic, belmont park, you cannot beat this location.
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6BEDS
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0.05ACRES
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5BATHS
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01/2 BATHS
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2,870SQFT
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$1,307$/SQFT
School Ratings & Info
Description
$459,064 in gross revenue generated in 2022! VERY LUCRATIVE, cash-flowing business opportunity with a 10% CAP RATE!!! Incredibly well maintained, Luxurious, turnkey, and FULLY FURNISHED coastal 2-unit building located just steps away from the boardwalk and ocean in Mission Beach! The adjacent building 725-727 San Fernando is also listed for sale for $3.750M. Unit 721 consists of 3BR, 3BA with 1BR/1BA and kitchen/living on first floor, 2BR 2BA on second floor & 2 car Tandem Garage. Unit 723: 3BR, 2.5BA with 2BR/2BA on second floor & 1BR 1BA with kitchen/living on 3rd floor with side-by-side 2 car garage. Ultra Prime location, panoramic white-water views of the ocean, beach & palm trees. Close to restaurants, shopping, bars, entertainment, fit athletic, belmont park, you cannot beat this location.
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Listing provided courtesy of Monroe Herington of Exp Realty Of California, Inc.: 619-929-6546. Listing information © 2023 San Diego MLS Inc.
Source: SDMLS