Active
1818 CALLE LOIZA
SAN JUAN PR, 00911
$2,700,000
$206.61 per sqft
Active
13,068 sqft
Multi-family
Built in 1970
Introducing 1818 Guesthouse, a unique 10-unit Airbnb property located in the vibrant heart of Calle Loiza. This guesthouse offers a mix of spacious studios, 1- and 2-bedroom units, perfect for both short and extended stays as well as long-term rental tenants.
Of the 10 units, 6 are oversized, with many featuring separate living rooms and kitchenettes, providing guests with added comfort and convenience. The property includes a total of 11 finished bedrooms, while one additional bedroom and bath on the ground floor is ADA-compliant, offering an accessible bunk/hostel-style room with an attached bathroom (pending completion).
Key Highlights:
- Prime Location: Situated in the bustling Calle Loiza neighborhood, ideal for exploring local dining, shopping, and entertainment.
- Spacious Units: Six out of ten units have larger living spaces, with some including separate living areas and kitchenettes.
- Food & Beverage Potential: The property has additional F&B opportunities, including a rear ground-floor patio space perfect for guest dining or events.
- Additional commercial space rental income on the ground floor
- Potential rooftop buildout pool with city views
Remaining Work:
- Ground Floor Completion: Including concrete slab installation, floor finishing, and minor plumbing.
- Electrical & Finishing Touches: All infrastructure is in place, with minor electrical work (plugs, switches, and lighting) and paint touch-ups remaining.
The current investment group has received a conceptual endorsement from the department of Tourism to receive the Act 60 Tourism incentives making this a great opportunity for the buyer to apply for the tax credits under the Puerto Tourism Act 60.
1818 Guesthouse is the rare opportunity to own an Airbnb-ready property with tremendous commercial potential on the ground floor in one of Puerto Rico's most sought-after locations.
PR9110071
MLSⓇ ID
November 14, 2024
Listed
November 18, 2024
Updated
Map
1818 CALLE LOIZA
SAN JUAN PR, 00911
Interior Features
Interior Features
Ninguno
Laundry Description
None
Fireplace
No
Cooling
Yes
Cooling Description
Mini-Split Unit(s)
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.3 Acres
Exterior Features
Other
Roof
Concrete
Sewer
Public Sewer
Other Property Details
Area Name
00911 - San Juan
Days on Market
4
Association Fee Frequency
Monthly
Garage
No
View
No
County
San Juan
Water Source
Public
Pool
No
Zoning
C-2
Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE PUERTO RICO
Listing Contact: 787-400-0699
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Data last updated 11/18/2024, 7:11 PM UTC