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$ 6,990,000
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0.4 Acres Lot
$ 6,990,000
Est. payment | /mo
0.4 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24036903
HOA Y/N No
Annual Tax Amount $102,061
Tax Year 2023
Lot Size 0.400 Acres
Lot Dimensions Estimated
Property Description
Rare Development Opportunity for A Mixed-use 70,950sqf Rroperty with Condominiums and Retails.
The property occupies approximately 0.4 acres and consists of four buildings, a small parking area, and a rectangular grassy area south of the building located at 1625-1627 Ocean Avenue. The buildings are single- story except for the two-story building located at 1601 Ocean Avenue/1271-1275 Capitol Avenue. The single- story buildings are used for commercial/retail purposes. The two-story building is currently vacant and consists of offices at 1271 Capitol Avenue located above retail space at 1601 Ocean Avenue.
The Site is bounded by Ocean Avenue to the north, Capitol Avenue to the east, residential facilities to the south, and commercial facilities to the west. The properties surrounding the Site include residential, mixed-use, and commercial purposes.
The owner has obtained initial architectural plan and Phase 1 environmental studies.
The property occupies approximately 0.4 acres and consists of four buildings, a small parking area, and a rectangular grassy area south of the building located at 1625-1627 Ocean Avenue. The buildings are single- story except for the two-story building located at 1601 Ocean Avenue/1271-1275 Capitol Avenue. The single- story buildings are used for commercial/retail purposes. The two-story building is currently vacant and consists of offices at 1271 Capitol Avenue located above retail space at 1601 Ocean Avenue.
The Site is bounded by Ocean Avenue to the north, Capitol Avenue to the east, residential facilities to the south, and commercial facilities to the west. The properties surrounding the Site include residential, mixed-use, and commercial purposes.
The owner has obtained initial architectural plan and Phase 1 environmental studies.
Location
State CA
County San Francisco
Interior
Fireplace No
Laundry None
Building
Lot Description 6-10 Units/Acre
Story 2
Water Public
Others
Tax ID 416935001
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Jack Damaola • Great Park Realty • 760-653-8269
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Jamie Ambrose
License ID: 02113379
23670 Hawthorne Blvd # 100, Torrance, CA, 90505, United States