Residential For Sale 1 Bedroom 1025 Island Ave, San Diego, California
1025 Island Ave, San Diego, California 92101
Rare Residential/Commercial combo unit! Amazing opportunity to own a dual income property separately metered with one HOA fee. Downstairs 750sf commercial/retail unit w/ storefront on 10th Ave has a food prep/no hood/grease trap kitchen. Lock-off condo upstairs is 1 bd/1 ba 768sf condo with new floors and cabinets. Commercial space leased to raw dog food company. Other uses include: professional services office, other retail, nail/hair, retail food/beverage without cooking hood, etc. This Residential complex known as Fahrenheit is located next to Petco Park. HOA construction defect lawsuit and live/work prop type make this property ineligible for FHA, VA, SBA, warrantable FNMA and non-warrantable loans until lawsuit is completed. Private equity and non-QM loan sources available. ALL Buyers must be pre-approved by preferred lender.