Description
An outstanding mixed used [residential over retail] investment opportunity in Little Italy. This property is the definition of location, location, location and is irreplaceable real estate. The subject site consists of a studio apartment over a retail clothing store. The total square footage is approximately 1,271 square feet. The studio is approximately 654 square feet and the retail store is approximately 617 square feet. The retail tenant, Bobbi Rocco, is a fashion forward, upscale clothing boutique with locations in La Jolla, Little Italy and Woodland Hills, California. The current studio rent is well below the market, offering an investor income and equity upside potential. The studio tenant is on a year lease that expires in June 2024 and then converts to a month-to-month lease. The retail tenant's lease expires at the end of December 2023 but may be interested in signing a longer term lease. Don't miss out on this rare opportunity to own a live/work investment property in one of San Diego County's most iconic submarkets - Little Italy.
Location
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prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a
brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which
they are derived is protected by copyright. Compilation © 2022 San Diego MLS. Updated: 1st October, 2023 2:42 AM (UTC)
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of
an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a
brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which
they are derived is protected by copyright. Compilation © 2022 San Diego MLS. Updated: 1st October, 2023 2:42 AM (UTC)
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Attribution contact: 619-417-5700
