Saturday, November 4, 2017

Perfect Owner User / 1031 Exchange on Iconic Balboa Island

Three units for sale on the best retail street in Balboa Island. One residential unit over two retail stores. Both stores are leased with >$6,000 monthly income. The 2 bedroom residential unit has just be completely renovated to a very high standard. This would be an ideal investment property with personal use benefits.

Mixed use properties are more difficult to finance, but that may be an opportunity for a cash rich buyer or someone who can find alternative ways to finance.

Listed at $2,350,000. Call me for details.