2248 Manchester Cardiff By The Sea, CA 92007

This is an amazing opportunity to own a 4-plex +1 with ocean views in coveted Cardiff by the Sea. The Seller occupies unit #4 which is why the "Current" cap rate is low. There is a substantial rental income upside, especially when updating the kitchens and bathrooms. Two units have ocean views and three units have park views. Nice ocean breezes and just steps to Seaside Beach and Glen Park. Units 1 though 4 are 2 bedroom one bath 800 s.f. units. Fifth unit is a one bedroom one bath approximately 630 s.f. Neighborhoods: composer district Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 2248-1 Unit # for Unit 2: 2248-2 Unit # for Unit 3: 2248-3 Unit # for Unit 4: 2248-4 Number of Furnished Units: 0 Topography: GSL