The subject property offers a full floor residential flat, which is currently leased. The ground floor commercial space is a fully operational cocktail bar with an ABC Type 48 liquor license which will be delivered vacant at closing. The bar has a full basement built out for back of house operations and storage. Additionally, there are two garage parking spaces. One space is leased to the residential tenant on a month to month basis. The second space is leased for one (1) year. The building has gone through a seismic retrofit and major renovations making this property a turnkey operation.
*The residential lease term goes through 5/31/2026 at $5,700 per month.
**The residential tenant garage lease is month to month at $250 per month.
***The second garage space is leased through 4/30/2026 at $375 per month.
***Please note that the ABC liquor license will be sold in a separate escrow transaction as part of the total sale price.
SALE PRICE: $1,850,000 / $352 PSF