This is a great opportunity for the savvy investor searching for rare beach properties in an ideal location. Legal non-conforming triplex with a bonus bed/bath. Tax records show a total square footage of 2048
Front house is a 2 bed/1 bath detached home with some ocean views. According to the tax records there is another bedroom and bath for the unit but they are not attached and are downstairs off of the garage. It’s not currently being used but could be used for a bonus unit. It has a separate entrance and no kitchen so technically it’s part of the upstairs unit. It would need quite a bit of work to make it usable, but the owner has used it in the past and it could be a great option for a future owner. The front house has a one car garage and a workshop that has the laundry (for all units) in it.
Back house lower is a one bedroom/1 bath. There is a one car garage but it’s been used to make the lower unit larger and has been like that for a very long time.
It’s a street to alley lot 3 blocks from the beach. The most recent multi unit properties in the neighborhood were: 301 28th Street listed for $1,850,000 and sold for $2,250,000 (duplex with 2 2bed/1 bath units at 1500 feet total) and 227 29th Street listed at $2,250,000 sold at $2,330,000 (duplex with 2 2bed/2 bath units at a little under 2500 feet)
Contact listing agent Keith Kyle with South Bay Brokers for more information.