95500 HIGHWAY 101
Property Description
THE BEACHCOMBER COTTAGES! Exceptional oceanfront investment opportunity featuring three buildings with six established short-term rental units, plus a seventh unfinished unit currently serving as a laundry/utility room, offering potential for conversion into a manager's unit or additional rental. The property totals 3,674 square feet and includes a path leading directly to the beach. Units 1 and 2 are studio-style accommodations with a kitchenette and full bathroom. Units 3 and 4 feature one main-level bedroom, a spacious living room, full kitchen, dining area, and an upstairs loft with three full-size beds, comfortably accommodating larger groups. Unit 5 offers one bedroom, one bathroom, a full kitchen, dining area, and living space. Unit 6, the largest unit, features a generous living room, full kitchen, dining area, bathroom, one bedroom on the main level, and an additional upstairs bedroom. Each unit includes a private deck with breathtaking views of the Pacific Ocean and sandy shoreline. Guests can enjoy the shared grassy picnic area, open-air storage shed between Units 3 and 4, and easy beach access from the property. Whether you're looking to expand your investment portfolio or own a premier coastal hospitality property, this rare oceanfront offering combines an unbeatable location, established rental income, and future potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,499,000 |
| No. of Units: | 7 |
| Year Built: | 1945 |
| Lot Size: | 3,674.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $214,143 |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 6 |
ID: 3yd-RMLSOR-754846671
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