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Rare opportunity to own a solid concrete block 4-plex just minutes from the beach and the Hard Rock Hotel - fully occupied and generating $5,050/month in rental income. Built in 1968 with the durability that only CBS construction delivers, this well-maintained property features one spacious 3BD/2BA unit and three 2BD/1BA units, each with two private entries and its own locked storage unit. All leases are month-to-month with rents currently below market, giving a new owner immediate upside potential. Upper units enjoy private balcony areas, and Unit 3 offers a peek-a-boo ocean view. Additional income streams include an on-site coin laundry (~$200-$300/mo), a rentable one-car garage, and two covered parking spaces. Recent upgrades include 2020 impact windows, storm shutters, new copper A/C refrigerant lines, a new retaining wall, and an irrigation well. Unit 4 (3/2) is fully renovated with all-new vinyl plank flooring and new bathrooms. Units 1 and 2 feature beautiful, durable terrazzo floors. Ideal for the investor seeking immediate cash flow with room to grow, or the savvy buyer who wants to live in the updated 3/2 unit while three rentals help cover the mortgage. Private storage for every tenant, coin laundry on-site, and a coastal location that keeps demand strong year-round. Don't miss this one.

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Listed by Robin Hart of EXP REALTY LLC (888-883-8509)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 15, 2026 11:31 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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