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$1,127,167
Est. payment /mo
7 Beds
5 Baths
5,012 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,012 sqft
Price per Sqft $224
Subdivision Centro
MLS Listing ID 26-1938
Style One Story
Bedrooms 7
Full Baths 5
Year Built 1970
Annual Tax Amount $409
Land Area 5012
Property Description
Prime investment opportunity in central La Paz, located just two blocks from the Malecón in a high-demand, walkable area and strong appreciation potential.
This property offers two clear investment strategies:
Option 1: Immediate income.
A 4-bedroom main residence with authentic mid-century character, combined with two rear units already in operation, provides cash flow from day one. The layout allows for repositioning into a boutique hotel, B&B, open-air dining concept, or vacation rentals, while maintaining the value of its original architectural elements.
Option 2: Development opportunity
With a 720 m² lot and mixed-use zoning, the property supports vertical development of up to 5 levels, allowing for significant buildable density, making it ideal for a residential, mixed-use
This property offers two clear investment strategies:
Option 1: Immediate income.
A 4-bedroom main residence with authentic mid-century character, combined with two rear units already in operation, provides cash flow from day one. The layout allows for repositioning into a boutique hotel, B&B, open-air dining concept, or vacation rentals, while maintaining the value of its original architectural elements.
Option 2: Development opportunity
With a 720 m² lot and mixed-use zoning, the property supports vertical development of up to 5 levels, allowing for significant buildable density, making it ideal for a residential, mixed-use
Location
State BCS
Area La Paz City
Body of Water Muni
Interior
Appliance Clothes Washer, Range, Refrigerator, Microwave, Clothes Dryer
Exterior
Exterior Feature BBQ Area
Amenities Available Patio, BBQ Area, Fence Wall
View City
Porch Patio
Building
Water Muni
Others
Financing No
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