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Apartment building under construction with excellent potential for development and appreciation.
$335,000
—Bedrooms
—Bathrooms
—m² Building
300m² Land
—Parking
Description
The property currently has 6 units spread across three levels:
First level: 2 apartments of 100 m², each with 2 bedrooms
Second and third levels: 4 apartments of 115 m², each with 3 bedrooms
Approved permits are in place for the construction of a fourth level, offering the opportunity to develop an exclusive penthouse with ocean and Catalina Island views, or to add 2 additional apartments as desired.
The project offers flexibility to modify the existing floor plans, making it ideal for tailoring the design to a personalized investment strategy, whether for rental or resale.
Automatically translated — may contain errors.
Highlights
Main Characteristics
ReferenceAVS-966668
PriceUS$335,000
TypeOther
ConditionUnder Construction
Year Built2024
FurnishingUnfurnished
Property Floors3
Land Area300 m²
Outdoor & Lifestyle
ViewOcean Sea
Property Features
Status & Finances
Title VerificationInfo Not Provided
Property Price$335,000
Down Payment (20%)$67,000
Loan Amount$268,000
20%
10%50%
9.5%
6%14%
20 years
Estimated Monthly Payment$0
Total of 240 payments$0
Total interest paid$0
Transfer Tax (3%)$10,050
Legal & Notary Fees (~1.5%)$5,025
Bank Fees (~1%)$3,350
Appraisal Fee$350
Total Cash Needed at Closing$85,775
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.