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60 Ismael Rivera Street Unit 1-3

San Juan, PR 00911

8 beds
5 baths
2,666 sqft
4,073 sqft lot
$380 per sqft
1970 build
– on site

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Priced Below Appraisal – Exceptional Opportunity in Ocean Park Address Calle Ismael Rivera 60, between Calle Loíza and McLeary Avenue, San Juan, PR 00911 Price $995,000 Recently appraised at $1,040,000 This is a rare opportunity to own a property in Ocean Park professionally appraised at $1,040,000 and now available for $995,000 – well below appraisal value. This property is being sold independently of its Airbnb potential, making it an attractive investment for homeowners, second-home buyers, and investors. Whether you plan to use it as a primary residence, vacation home, or long-term investment, this is an unbeatable deal in one of San Juan’s most desirable neighborhoods. Due to high rental demand, showings are limited. The next available showing is February 11, between 1 and 3 p.m. Property Highlights - Recently Appraised at $1,040,000 – Instant Equity for Buyers - Three separate living spaces – Flexible layout for multi-generational living, long-term rentals, or a combination of both - Four parking spaces – A premium feature in Ocean Park - Solar-powered with 32 panels, two electric meters, and a Net Metering system - Two Tesla batteries leased for uninterrupted power supply - Spacious outdoor area with potential for a pool - High Rental Demand – The strong demand for rentals makes showings difficult, reinforcing its value as an investment property Property Layout Main Building – Ground Floor Unit - 4 bedrooms, two bathrooms - Large living-dining area, full kitchen, and a charming porch - AC split units in all bedrooms and living areas Main Building – Second Floor Unit - 3 bedrooms, two bathrooms - Open-layout kitchen with balcony access - Living, dining, and family room Second Building Back of Property - 1-bedroom, 1-bathroom unit – Ideal for guests, extended family, or additional rental income Why This Property is a Great Buy - Priced Below Market Value – Buy now with built-in equity - Prime Location – Just four blocks from Ocean Park Beach, close to top restaurants, nightlife, and shopping - Move-in Ready and Fully Renovated – No need for major upgrades - Versatile Use – Ideal as a primary residence, second home, or long-term investment - High Demand Rental Property – Generates consistent income with minimal vacancies Investment Details - New Price $995,000 Recently appraised at $1,040,000 - Serious, qualified buyers only – Proof of funds required Due to high rental demand, showings are limited The next available showing is February 11, between 1-3 PM Don’t Miss Out Schedule Your Private Showing Today This is your chance to own a prime Ocean Park property at a below-market price. Given its substantial appraisal value, high rental demand, and premium location, this is a smart purchase for any buyer. Contact us today to reserve your spot for the upcoming showing before it's gone.

Listing courtesy of STELLAR_MLS / PUERTO RICO CORPORATE RENTALS

Last checked: Checking… • Last updated May 3, 2025 •

MLS# PR9097979 —

The Building

Year Built:

1970
New Construction:

false
Builder Model:

Multi-family
Builder Name:

Ocean Park
Architectural Style:

Contemporary
Construction Materials:

Brick
Building Elevator:

false
Levels:

Two
Stories Total:

2
Roof:

Concrete
Foundation Details:

Brick/Mortar
Window Features:

Aluminum Frames
Patio And Porch Features:

Covered
Security Features:

Key Card Entry
Unit Number:

1-3
Building Area Total:

3800
Building Area Units:

Square Feet
Building Area Source:

Owner

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Negotiable
Flooring:

Ceramic Tile
Additional Rooms:

Garage Apartment
Fireplace:

false

Room Dimensions

Living Area:

2666
Living Area Units:

Square Feet
Living Area Source:

Appraiser

Location

Directions:

Calle Ismael Rivera #60, between Calle Loiza and McLeary Avenue, San Juan, PR 00911 This property is not inside the gated community of Ocean Park; instead, it is between Calle Loiza and McLeary Ave, two blocks from Kasalta, and five blocks from Ocean Park Beach.
Latitude:

18.451469
Longitude:

-66.054076
Coordinates:

-66.054076, 18.451469

The Property

Parcel Number:

04104261508001
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Completed
Lot Features:

FloodZone
Lot Size Acres:

0.93
Lot Size Area:

4073
Lot Size SqFt:

4073
Lot Size Units:

Square Feet
Total Acres:

1/2 to less than 1
Zoning:

RT-3
Direction Faces:

East
View:

City
View:

true
Exterior Features:

Balcony
Fencing:

Electric
Vegetation:

Fruit Trees
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Asphalt
Flood Zone Code:

10964
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

-----“URBANA: Porción de terreno radicada en la Sección Norte del Barrio de Santurce de esta ciudad de San Juan, Puerto Rico, compuesta de TRESCIENTOS SETENTA Y OCHO PUNTO CUARENTA Y CINCO METROS CUADRADOS (378.45 m.c.), marcado en el plano de urbanización "B" dos (B-2), hoy Calle Calma Número Sesenta (60), colindante por el NORTE, en veinticuatro punto diez metros (24.10 m.) con el solar marcado en el plano de urbanización "B" tres (B-3); por el SUR, en veintiocho punto diez metros (28.10 m.) con el solar marcado en el plano de urbanización "B" uno (B-1); por el OESTE, en trece punto noventa y ocho metros (13.98 m.) con terrenos de la Sucesión de Wenceslao Borda; y por el ESTE, en quince punto siete metros (15.7 m.) con la calle Bou.------------------------------------------------------- -----Enclava una casa de concreto de una sola planta.”----------------- ------------------------------------------------------------------------------------------
Tax Annual Amount:

$1,858.48

Beds

Bedrooms Total:

8

Baths

Total Baths:

5
Total Baths:

5
Full Baths:

5

The Listing

Special Listing Conditions:

None
Home Warranty:

false

Heating & Cooling

Heating:

None
Heating:

false
Cooling:

Mini-Split Unit(s)
Cooling:

true

Utilities

Utilities:

Cable Available
Electric:

Photovoltaics Seller Owned
Sewer:

Public Sewer
Green Energy Efficient:

Appliances
Green Energy Generation:

Solar

Appliances

Appliances:

Cooktop
Laundry Features:

Common Area

The Community

Subdivision Name:

SAN JUAN-OCEAN PARK
Senior Community:

false
Waterview:

false
Water Access:

false
Water Body Name:

OCEAN PARK BEACH
Waterfront:

false
Pool Private:

false
Pool Dimensions:

8' by 10'
Pool Features:

Above Ground
Pets Allowed:

Cats OK
Pet Restrictions:

NO RESTRICTIONS
# of Pets:

10+
Association:

false
Association Fee Requirement:

None
Ownership:

Fee Simple
Association Approval Required:

false
Additional Water Information:

OCEAN PARK BEACH is 5 blocks away, within walking distance. This multifamily property is between Calle Loiza and McLeary Avenue, only two blocks from well know Kasa Alta Cafeteria.

Parking

Garage:

false
Attached Garage:

false
Carport:

true
Carport Spaces:

4
Covered Spaces:

4
Open Parking:

true
Parking Features:

Alley Access

Extra Units

Other Structures:

Additional Single Family Home

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Optico Fiber

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Sale history

Date	Event	Source	Price	% Change
4/29/25 Apr 29, 2025	Sold	STELLAR_MLS	$1,015,000	2.0%
2/26/25 Feb 26, 2025	Pending	STELLAR_MLS	$995,000
2/4/25 Feb 4, 2025	Price Changed	STELLAR_MLS	$995,000	-9.5%

House Sold on 4/29/2025

$1,015,000

Listing provided by broker:

VICTOR ALONSO VEGA

PUERTO RICO CORPORATE RENTALS

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Listing Courtesy of: STELLAR_MLS and PUERTO RICO CORPORATE RENTALS.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

60 Ismael Rivera Street Unit 1-3

San Juan, PR 00911