Property Description

Outstanding 3 units Lombard mixed used building for sale. Rare offering! Location in Town! This unique building house the popular Aato Korean Kitchen & 2 units luxury furnished Vacation Home. Location is definitely prestigious. -As of 11/23/2013 Aato Restaurant paid $4,832/month; increase 4% per year, 5 year option. -2nd unit: 3 beds, 2 baths, full living, dining, kitchen furnished vacation home, income $6,000/month. -3rd unit: 3 beds, 2 baths, separate living, dining, kitchen luxury staged vacation home, income $6,000/month. -living space 4,930 sq ft (Assessor). Neither seller nor Broker warranted Lot sq ft, buyer are advised to investigate. -Low season occupancy 75-85%, price $230-$250 per day, low season Nov. to Mar. High season occupancy rate 85-95%, price $250-$300 per day. Apr. to Oct. Offers reviewed on 04/01/2014 4:00PM, no pre-emptives will be considered. Disclosure Package available upon request. Escrow open with Mary Laza, Old Republic Title, 177 Bovet Rd. Suite 525 San Mateo. Please use CAR commercial property Purchase Agreement only; provide signed disclosure package and proof of funds.

Location Description

Near Pier 39, the Beach & Shopping Center, Tourist apartment, Restaurant and Hotel. Vacation Home beautiful staged – shows well. Owner wish to sell building Real Estate Property including vacation home & business together. “As Is” sale.