Average square foot calculated using Size range provided by listing agent.
Description
Tremendous opportunity to invest in a rarely available multi-unit vacation rental property just a block from the shoreline and beach. This 12 condo unit (CPR) property offers multiple opportunities. Currently there are 10 STVR permits in place with 6 units being utilized as short term rentals and the reminder 4 have long-term tenants. <BR>BUYERS MUST BE PREQUALIFIED PRIOR TO SETTING UP SHOWINGS<BR>Features and summary:<BR>- Sale includes 12 CPR units<BR>- 6 studio units upstairs/6 studio units downstairs<BR>- 10 STVR permits (maximum) in place<BR>- 6 units being utilized as STVRs/4 used as longterm rentals<BR>- Split AC in the 6 STVR studio rentals.<BR>- The 4 long-term units have not been renovated<BR>- 1 unit being utilized as office and laundry<BR>- 1 unit utilized as expansion to create double space rental for parties of 4<BR>- Property serviced by sewer<BR>- Recent survey and report available <BR>- 6 active STVR units sold turnkey furnished<BR>- Propane tank on site.<BR><BR>*One of the partners hold a real estate license in the State of California.<BR>*Artwork and Photographs on walls are excluded from sale and available to purchase on a separate bill of sale.