851 41st Ave
Pleasure Point Trophy Asset
Marketing description
Located just blocks from the California coastline, 851 41st Ave has undergone a complete remodel and re-invented itself as one of the most innovative designs in the trade area. The top to bottom renovation took eleven months and was finished in 2016. In conjunction with Fuse Architecture, this property was designed and built with pride to provide a worry-free investment for its next owner.
Zameen at the Point has shown a commitment to the location by recently exercising their Option to Extend their lease for an additional 10 years. Parlour Salon moved into the building in 2017 and is committed until the end of 2032.
The 2nd floor contains three residential apartments in a market with severe supply constraints and consistent demand. The property, zoned C-2, consists of two parcels. Unique to the area is the 16 on-site parking spaces, enough for both the retail tenants and apartment residents.
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