Commercial property · 2 recorded sales since 2013
Listing Agent: Pamela King-Peres (DRE #01024153) · Listing Office: Coldwell Banker Realty · Contact: (831) 626-2222 · Bought with: Linda Conlan · Coldwell Banker/American Home Realty · MLS #ML81434097 · Source: CRMLS
CAP RATE of 5+!!! Stunning 8 unit Victorian building of quality and character in best PG location. Remodeled in 2013. 2 blks to beach, 1 blk to town, backs Caledonia Park. Highest returns to investors, top quality tenants, no vacancy factor. Lends itself to owner occupant who might want to make two top level units a large penthouse suite with ocean views. 2 of the 1/1 's + lofts. Don't approach bldg or tenants.
Listing description from the April 2015 sale, as reported to CRMLS.