Property Detail
Description
listing moved to residential 1-4 Currently rented to residential tenants. Highest and best use per zoning is business. Requires 35% down unless owner occupied. Seller will carry 15% with 20% down. 2 units face university ave suitable for business use once vacant. Handicap ramp and was set up with one handicap parking space. Front yard signage. Was once a house. Rear unit may have been a garage at one time. Now an apartment or could be another business. All new windows, electrical,( except service.)hot water heaters, plumbing. heating, AC for each unit. New roof 2024 as well. Washer dryers in each unit. One bath in each front unit set up for ADA compliance but will need some items corrected. Easy to combine front units if needed. Viacom billboard pays 310 currently. Former business was drop off and pick up dry cleaning. SBA financing 10% down, owner business to occupy min 51%. Purchaser could potentially use 2/2 in front and 2/1 in back for business (1450 sq ft of total 2850 sq ft) to qualify, and keep the 3/2 rented to help pay mortgage. Contact direct lender for more details and financing possibilities. Shannon Horton 661-317-5739. Shannon@hortonhomesca.com
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Listing provided courtesy of Steve Ring of Steven Ring, Broker. Last updated 2025-04-30 08:26:31.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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