Board House Villas

Highlights:

• Seller Financing Available
• Prime Pacific Beach Location
• Turn Key Investment
• Rooftop Decks with Ocean Views
• In-Unit Laundry
• New Roof, Steel Staircase & Landing
• New Electrical Service & Individual Panels
• 2% Broker Co-Op Fee

Description:

$500,000 price improvement, seller financing now available, and a 2% Co-op. Looking for a turn key investment that actual generates positive cash flow. This is it!

Welcome to the Board House Villas located at 2121 Thomas Ave. This newly renovated asset is in the highly sought after coastal community of Pacific Beach, California. The luxury apartment complex consists of ten total units. There are two studios that average approximately 460 sq ft, five 1 bedroom 1 bath units that are approximately 620 sq ft each, and three 2 bedroom 1 bath units that are approximately 863 sq ft each. The building sits on a 6,468 sq ft lot.

In 2022 the building went through an extensive remodel. This included but is not limited to brand new quartz counter tops, stainless steel appliances, cabinetry, vanities, custom tile shower enclosures, split heating and air conditioners, vinyl plank flooring, fresh paint inside and out, new staircases and landing, new roofs, waterproof and deck coating, new 400 amp electrical service, 100 amp individual panels in each unit, and much more. The thoughtful improvements did not stop there as every rental has it’s own private laundry. Select units have roll up glass doors, lead-ing to private patios. Some units have access to roof top decks that feature gorgeous ocean and bay views. All work is permitted and per current building codes. No detail was left untouched provide residents with every amenity they could desire and an ownership with a turn-key asset in a prime beach market.

Contact list agent for more details.

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