$6,990,000
For Sale
0.40 acres | #OC24036903
Listing OfficeGreat Park Realty
Browse 4 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Property Details
      • Lot DescriptionSixToTenUnitsAcre
      • Stories2
    • Measurements
      • Acres0.4
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySan Francisco
  • Financial Details
      • Original List Price$9,990,000
      • Taxes Annual$102,061
  • Other
      • MLS #OC24036903

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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