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MISSION BEACH Property for sale: 706-08 Venice

706-08 Venice Mission Beach

Main Photo: MISSION BEACH Property for sale: 706-08 Venicebanner
$990,000
Prop. Type:
2-4 Units
MLS® Num:
110037231
Status:
Sold
Year Built:
1921
Rare hard to find ocean view duplex. Just 25 feet off the boardwalk and one house off the beach. Ideal for vacation rentals or long term tenancy. One 2 bedroom/1 bath rents for $1725/month. The other 2 bedroom/1 bath rents for $1825/month. You or your tenants will enjoy patio for relaxing, BBQs & enjoying the beach. This property is located on a quiet court in North Mission Beach surrounded by owner occupied residences. One of the best courts in Mission Beach.
Property Type:
2-4 Units
Lot Size:
1-3,999 SF
Lot Size:
Switch units of measure0.03 acre(s)
Construction:
Built on Site
Number of Buildings:
1
Number of Units:
2
Year Built:
1921
Stories:
2 Story
Market Area:
Coastal South
Community:
MISSION BEACH
County:
San Diego
Neighborhood Code:
North Mission Beach
Days on market:
67
Home Owner Fees:
$0
Mello Roos Fee:
$0
Monthly Total Fees:
$0
Other Fees:
$0
Tenant pays:
N/K
Net operating income:
29820
Other income:
0
Annual expense actual:
12780
Cap Rate.:
2.5
Gross Rent Multiplier:
28.1
Gross scheduled income:
42600
Bedrooms for Unit 1:
2
Number of bathrooms for Unit 1:
1
Full Bathrooms for Unit 1:
1
Half Bathrooms for Unit 1:
0
Total Rent for Unit 1:
1725.0
Unit Number for Unit 1:
706
Total Garage Spaces for Unit 1:
0
Total Non-Garage Spaces for Unit 1:
1
Total Parking Spaces for Unit 1:
1
Parking for Unit 1:
Uncovered
Unit 1 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 1:
No
Bedrooms for Unit 2:
2
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Total Rent for Unit 2:
1825.0
Unit Number for Unit 2:
708
Total Garage Spaces for Unit 2:
0
Total Non-Garage Spaces for Unit 2:
0
Total Parking Spaces for Unit 2:
0
Unit 2 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 2:
No
Complex Features:
N/K
Cooling:
N/K
Land Use:
2
Number of Units with Cooling:
0
Number of Units with Dishwashers:
0
Number of Units with Dryers:
0
Number of Units with Fireplaces:
0
Number of Furnished Units:
0
Number of Units with Garages:
0
Number of Units with Patios:
1
Number of Units with Range/Oven:
2
Number of Units with Refrigerators:
2
Number of Units with Wahsers:
0
Roof:
Composition
Sewer Septic:
Sewer Connected
Water Heater Type:
Other/Remarks
Security:
N/K
Fencing:
Partial
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional, Conventional
Pets:
Yes
Court/Lender Approval:
No
Parcel Number:
423-555-15-00
Listing information last updated on 11-Oct-2011 5:46 PM
Ron Fletcher
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