Please read this completely since it answers 99% of all questions most people have!! This is a 1 bedroom 1 bath and 3 bed 2 bath units in a duplex beach cottage. You have your own private backyard, great front yard view, lots of natural light. 300 feet away from the beach entrance and the 204 surf spot!! The nearby beach has a great walking and biking trail and beach volleyball court. There is also a nice soccer park (Max Berg Plaza Park) and kids playground right behind and a tennis court nearby too. Nice additional backyard for summer bbq ! There is also a private backyard that can be easily gated for dogs just for this unit! Its extremely quiet since it is on a street where most of the places are single family homes and family living. The property lot is big at 5800sq feet and for someone who has building skills, they could easily build a triplex or a 2 unit condo (two different lots smaller than this were converted to condos just two and four homes down the de la grulla street and sold for over 3.5M each). New laminate flooring on the entire home for both units, new tiles in the bathroom, new appliances. Based on current sale price expect around 4-6% cap rate depending on your view of the rent and costs. If you get a good mortgage, then you can bump that up to 10% levered cap rate. email: kskk02 at gmail com Video Walkthroughs: Inside home https://www.youtube.com/watch?v=ordoa3BP3iM Outside Home Video (New video): https://www.youtube.com/watch?v=Hyn2cK40x2o
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