Property Detail

Description

3651–55 Ocean View Blvd is a 5-unit mixed-use property totaling approximately 3,450 square feet on a 6,752 square foot lot. Built in 1926, the property consists of two 1 bed / 1 bath units of approximately 660 square feet each and three retail units totaling approximately 2,130 square feet. Located in an Opportunity Zone, the property presents a strong renovation or redevelopment opportunity. The building previously sustained fire damage, and the seller has rebuild plans available. A buyer may also have the opportunity to renovate or reposition the asset to their own vision. The RS-1-7 zoning may make the property attractive for a buyer looking to convert the asset to fully residential use. Seller will consider fair and reasonable seller financing.