7TH CRESCENT CITY, CA 95531

Features

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Facts

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Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

Luxurious, High-Income Duplex Near Pacific Ocean & Redwood Groves Address: 140 7th Street, Crescent City, CA Property Overview: Type: Duplex Built: 2018 Units: 2 (Each with 3 Bedrooms, 2 Bathrooms, and 2-Car Garage) Gross Income: Approximately $115,000/year Net Operating Income: Approximately $65,000/year Rating: 10/10 Exceptional on Vacation Rental Sites Description: Discover the exquisite Trendy North Coast Redwoods Bungalows A & B, a meticulously maintained duplex located just two blocks from the Pacific Ocean and near the largest redwood tree groves in the world. Built in 2018, this modern duplex offers a prime investment opportunity with a proven 2-year track record of high occupancy. Each unit boasts 3 spacious bedrooms, 2 full bathrooms, and a 2-car garage. The interiors are professionally decorated in a modern and simple Scandinavian design, setting this property apart. Both units are fully furnished with all new furniture and appliances, ensuring a luxurious stay for guests. The property features automatic sprinklers and a professionally maintained landscape, adding to its charm and ease of maintenance. With local cleaning and maintenance teams handling all the work, the current owner has successfully managed the property remotely and is open to negotiating continued management for the new owner. Key Features: Prime Location: Two blocks from the Pacific Ocean and near majestic redwood groves. High Occupancy: Proven 2-year track record with exceptional ratings on vacation rental sites. Modern Design: Professionally decorated with Scandinavian design and all new furniture and appliances. Turnkey Investment: Local teams manage cleaning and maintenance, with the option for continued remote management by the current owner. Financial Performance: Gross income of approximately $115,000/year with a net operating income of $65,000/year. Professional Maintenance: Automatic sprinklers and well-maintained landscaping. Dont miss out on this exceptional investment opportunity. Experience the blend of luxury and nature at 140 7th Street, where guests can enjoy the tranquility of the Pacific Ocean and the grandeur of the redwoods. Contact us today for more information or to schedule a viewing.