Sold for $199,000 on Aug 28, 2017
INVESTORS - PRICE REDUCED - CONDO REMODELED - NOW BACK ON MARKET! JUST REMODELED ON 8/7/17 INTO A 2 BEDROOM WITH HUGE LIVING ROOM. GORGEOUS OCEAN VIEW FROM LIVING ROOM. 2 Bed/3 bath/1,736 sq ft/Ocean view. Will not last! This condo sits on a long term ground lease. The total monthly payment for HOA + Ground lease is $1,474 per month. Lease land payments are tax deductible per IRS code (IRS tax code 1055 Redeemable ground rent), consult your CPA. Great tenant income property. Premium, San Pedro Marina resort style location. Walking distance to Cabrillo Beach Yacht Club and the Marina. Large bedrooms each feature their own bathroom. Large master suite. Dual balconies, each with walk in storage. Full appliance package is included: Refrigerator, washer, dryer, and dishwasher. Two side by side parking spaces and in garage storage unit included. Onsite fitness center, pool, and jacuzzi.
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