This Grand Victorian Lady, that can be viewed on the east side of HWY 5 as you pass downtown, proudly represents a bygone era. Built in 1887, the Sherman Doig historically designated, Mills Acted home, is in amazing condition. Zoning allows for additional uses such as doctor, dentist, phycologist and office.Buyer to confirm permitted uses before close of escrow. With new purchase price, property taxes will be only approximately $5,000-$6,000 per year due to the Mills Act. Buyers could live on the top two floors which is a 2000 square foot apartment and rent out the lower floors to pay their mortgage. Lower two floors are zoned commercial. Top two floors are zoned residential. There are too many options to mention. You have to tour this magnificent property to appreciate its versatility. Possibility for professional offices on the lower two floors. Or Airbnb on the top two floors or long term rental. This 15 room Victorian Lady is conveniently located just across the freeway from Downtown. It's walking distance to Little Italy, Balboa Park, San Diego Zoo, Trolley Stops, Gaslamp, Petco Park, Waterfront Park, and San Diego Bay.The possibilities for this completely, unique property are endless. It's commercially zoned for professional offices or you may use it as Bed and Breakfast or just do long term rentals on all five areas that could be made separate from each other. My favorite aspect of this property is that even though it's historic, there is no deferred maintenance. Residential part has had the airport soundproofing already.
Courtesy of Anthony Napoli, Hunter & Maddox Intl. Inc.
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