$5,495,000

Truly one of the most outstanding oceanfront buildings available in Southern California! An incredible opportunity for either an owner-occupied or an investor as this property consists of 5 units. This property has been maintained in an outstanding manner and condition by the current owner occupant. The entire exterior of the property, including the patio and deck, were freshly painted at the start of 2020. In 2019, over $200,000 was spent in upgrades including 2 completely remodeled bathrooms in the oceanfront facing units and an entire remodel of the one bed/one bath unit (unit F). Other upgrades also include a replacement of the previous cast iron piping from the front unit to the street with 4” green piping. Upgrades include granite countertops in kitchens, newer appliances, newer slider doors and windows in some units, recessed lighting, crown molding, smooth coat ceilings, stone stacked fireplace, plank wood flooring, frameless shower, marble top counters in some bathrooms, a brand-new steamer in unit B, and more! No expense has been spared throughout this incredible property! Truly an exceptional opportunity to own a unique piece of real estate in one of Southern California’s most desirable areas.