Property Detail
Description
An attractive 26 units - almost all are rehabbed. Newer windows and railings. Seismic completed. Diverse unit mix. Strong on-site and off-site management. Separately-metered and RUBS program. 'Leaner' annual expenses and less-likely to come out-of-pocket for cap ex, versus competing deals. Can likely add several ADUs, maybe as many as a half dozen! 6% CAP CURRENT9.11% CAP PROFORMA24K SQ. FT. RENTABLEMASSIVE 20K SQ. FT. LOT - ADD 5 OR 6 ADUs. EXCLUSIVELY LISTED AT $6,595,000PRICE RECENTLY REDUCEDSOLD ALONG WITH 8 UNITS AT 6821 11TH ACROSS THE STREET - BUILDNGS CAN BE SOLD SEPARATELY.
Map Location
Listing provided courtesy of Brice Head of CBRE, Inc.. Last updated 2025-09-22 08:11:56.000000. Listing information © 2025 CRMLS.
Steele Realty Group
1953 San Elijo Ave., Suite 100
Cardiff-by-the-Sea, CA 92007
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858.775.6678
Based on information from California Regional Multiple Listing Service, Inc. as of [date the AOR/MLS data was obtained] and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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