1818 CALLE LOIZA
San Juan, PR 00911
0.30 acres | #PR9110071
Description
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.
Property Details
- Utility FeaturesElectricity Connected
- FoundationConcrete Perimeter
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Property SubtypeMulti-Family
- Original List Price$2,700,000
- MLS #PR9110071
- MLS #PR9110071
- CountySan Juan
- InteriorNinguno
- SubdivisionCONDADO
- Cost2700000
- Utility SourcePublic
- Exterior MaterialsOther
- Year Built1970
- Acres0.3
- Days on Market (Cumulative)38
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Bill Barnaba
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Melanie Gigante (#MFR743511868)
Listing Office: CHRISTIE'S INTERNATIONAL REAL ESTATE PUERTO RICO (#MFR743580069)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.