RECENT PRICE REDUCTION! Offered at $2,725,000
This charming Spanish-style beach compound is located steps from the sand and surf, and a short walk to the entertainment districts of Balboa Peninsula. Structured as a duplex with two individual buildings and a separate studio apartment, each unit comes fully furnished with the household amenities included – just bring your swim suit and you’re ready to go! The front house, built in 1929, was renovated in 2015 and provides 3 bedrooms, 2 bathrooms in approximately 1,000 SF of living space on two levels with a friendly front courtyard to enjoy the warm weather and people-watching. The back unit, built in 1958, is comprised of an 800 SF upper unit with 2 bedrooms and 1 bathroom and full kitchen, while on the lower level is the studio apartment (non-conforming) with wet bar, refrigerator, and microwave. The compound houses a total of 6 bedrooms and 4 bathrooms in 3 units totaling ~2,150 SF. The spacious two-car garage with 3rd off-street parking space has full-sized, coin-operated laundry units and is easily accessed from the wide back alley. Both houses have new roofs, new windows, and the entire property has been exceptionally well-maintained. This is a great opportunity for a turn-key vacation rental investment or a cozy beach home with plenty of room for guests.