$1,399,000

This offering is a rare opportunity to acquire a coastal property with ocean views that can be rented out as a Triplex income property for investment, or as a Single-Family Residence home with additional income from the two apartment units at the back of the lot. There is a 2-story, 1,920 Square Foot, Craftsman Style house built in 1920. The two detached studio cottages, 250 SF each, have their own separate entrance and address. These have been remodeled in recent years. There is a single car garage at the rear of the property. From Carolina you enter through the gated arbor into the garden courtyard that is landscaped with lush plants and natural stone. There are ocean views from the courtyard and from various rooms inside the 3 bed 1.5 bath home. Features include a formal stone entry that flows into a large family room with an abundance of natural light due to the 10’ high coffered ceilings, and large windows that afford views of the ocean. At the front of the house is an enclosed sunroom off the front porch. Other architectural features are French doors, crown-moulding, original doors and hardware, a fireplace (mantle facade), and loads of architectural charm take you back in time to 1920 when this house was originally built. The 3 bedrooms and full bathroom are upstairs, with a small room off of one of the bedrooms with views of the ocean that could be used as a home office. The kitchen features hardwood cabinetry, Caesar Stone counters, a Viking 6-burner range and a laundry room off of the kitchen with access to the back yard. An expansive formal dining room with a built-in hutch is off the main hallway adjacent to the kitchen. The interior of the house has been updated over the years while preserving its historic character and exterior curb appeal. A fully remodeled bathroom with a classic hexagon floor tile, porcelain tiled walls, a claw-foot tub, and copper plumbing. There is forced air heating, upgraded electrical breakers, tankless water heater and a pitched roof. Located near Cabrillo Beach, a top destination for surfing and wind sailing, Point Fermin Park, known for its lively Summer Concerts by the Sea, and the walking path on Paseo Del Mar, where you can enjoy breathtaking ocean views, and bike rides. San Pedro is one of the last affordable Coastal Communities, and values are on the rise with all of the investment in the peninsula and astute investors who see the future potential in the revitalization of this seaside community.