Attention investors! The famous "The Wreckage" is ready for new owners to take over. This unique log cabin is a legend on the Long Beach Peninsula and was built in 1912 from logs from abandoned rafts, lumber from wrecked vessels from the Long Beach Peninsula. It is full of history. Large stone wood burning fireplace is the focal point in this charming log cabin. 2 bedroom suites upstairs. Close to beach, shopping and restaurants in downtown Ocean Park. It is R3 zoning so allows for vacation rentals. The Wreckage sits on its own lot. You can build cottages on the extra 4 lots that have been subdivided. Potential for great income. This property is being sold with 2 parcels (75016000373, 75016000384 - five and a half lots). Great location!
Listed by:
Century 21 Pacific Realty
Date | Days Ago | Event | New Price |
---|---|---|---|
Dec 22, 2024 | 27 days ago | Price decreased20,000 (4%) | $545,000 |
Sep 5, 2024 | 5 mos ago | New on market | $565,000 |