SAN JUAN, PR 00911 60 ISMAEL RIVERA STREET #1-3
$995,000
Sold: Apr 29, 2025
Presented By: PUERTO RICO CORPORATE RENTALS with 787-525-4364. - 787-525-4364
Home Details
Priced Below Appraisal – Exceptional Opportunity in Ocean Park
Address Calle Ismael Rivera 60, between Calle LoÃza 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.
Presented By: PUERTO RICO CORPORATE RENTALS with 787-525-4364. - 787-525-4364
General for 60 ISMAEL RIVERA STREET #1-3
Additional Parcels Y/NNo
Additional Roomsgarage apartment
Appliancescooktop, dryer, electric water heater, microwave, range, refrigerator, tankless water heater, washer, water filtration system
Architectural Stylecontemporary, mediterranean
AssociationName2ocean park outside gated community
Attached Garage No
Body of Waterocean park beach
Builder Nameocean park
Building Area Unitssquare feet
Carport Spaces4
Carport Y/NYes
Citysan juan
Close Price1015000
Construction Materialsbrick, cement siding, concrete
Coolingmini-split unit(s)
Countysan juan
Directionscalle 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
DockY/NNo
Electricphotovoltaics seller owned
Energy Efficientappliances
Facing Directioneast
Flood Zone Code10964
Full Baths5
Garage Y/NNo
Green Energy Generationsolar
HOANo
Heatingnone
Home Warranty Y/NNo
ILS Under Air SQFT180
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Description-----urbana: porcin de terreno radicada en la seccin norte del barrio de santurce de esta ciudad de san juan, puerto rico, compuesta de trescientos setenta y ocho punto cuarenta y cinco metros cuadrado
Levelstwo
Listing Termscash, conventional, owner may carry, private financing available
Living Area Unitssquare feet
Lot Size Square Feet4073
Lot Size Unitssquare feet
MLS Area00911 - san juan
Minimum Leaseno minimum
ModificationTimestamp2025-05-03t18:49:09.417z
New ConstructionNo
Occupancy Typetenant
Other Structuresadditional single family home, cabana, gazebo
Ownershipfee simple
Patio/Porch Featurescovered, front porch, rear porch
Pet Size Limitmedium (36-60 lbs.)
Pets Allowedcats ok, dogs ok, yes
Pool Featuresabove ground
Property Conditioncompleted
Property Subtypesingle family residence
Property Typeresidential
Roofconcrete
STELLAR_InLawSuiteDescrip1 bathroom, 1 bedroom, detached (adu), private entrance
STELLAR_InLawSuiteYNYes
Security Featureskey card entry, security fencing/lighting/alarms, security gate, security lights, security system, smoke detector(s)
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusclosed
Statussold
Subdivision Namesan juan-ocean park
Tax Annual Amount1858.48
Tax Year2024
Total Rooms15
Unit Number1-3
Utilitiescable available, cable connected, electricity available, electricity connected, fiber optics, natural gas available, phone available, public, sewer available, sewer connected, solar, street lights, water availab
Viewcity
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1970
Zoningrt-3
Interior for 60 ISMAEL RIVERA STREET #1-3
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringceramic tile, porcelain tile, tile
Furnished Y/Nnegotiable
Half Baths
Heating Y/NNo
Interior Amenitiesceiling fan(s), high ceilings, living room/dining room combo, primary bedroom main floor, smart home, solid surface counters, solid wood cabinets, stone counters
Laundry Featurescommon area, electric dryer hookup, gas dryer hookup, outside, washer hookup
LivingAreaSourceappraiser
Total Baths5
Total Bedrooms8
Total Stories2
Window Featuresaluminum frames, storm window(s), shutters
Exterior for 60 ISMAEL RIVERA STREET #1-3
Builder Modelmulti-family
Building Area Total3800
Covered Spaces4
Exterior Amenitiesbalcony, french doors, garden, hurricane shutters, lighting, outdoor grill, private mailbox, sidewalk
Fencingelectric, fenced, masonry
Foundation Detailsbrick/mortar, concrete perimeter
Lot Featuresfloodzone
Lot Size Acres0.93
Lot Size Area4073
Number of Lots1
Open Parking Y/NYes
Parking Featuresalley access, curb parking, off street, on street
Private PoolNo
Road Responsibilitypublic maintained road
Road Surface Typeasphalt
Vegetationfruit trees
Water Sourcepublic
Desiree Carlson
REALTOR®
SQFT • 2,666