This is a one of the circa 1920's Guadalupe commercial buildings. Built about 1929 and retrofitted in the recent past, it has served as a landmark in the community and is known for maintaining its classic facade. One suite currently contains the long time La Simpatia Restaurant and Bar (the business is NOT for sale). While closed during the building's seismic retrofit some years back, the restaurant has operated since 1944. The remainder of the street level units consist of two vacant suites which front Hwy1. Upstairs currently in remodel stage, are 14 boarding house style rooms and 4 utility/restrooms. Interior photos of the entire building coming soon. Sellers have plans to develop the vacant part of the lot for multi family/H2A housing and have a nearly fully entitled 24 unit project that seller estimates could probably be permitted in a few months. Sellers have planning approval from City Council and have submitted construction documents to the city. They've received comments and have not resubmitted (as of October 2025). Follow this dropbox link to the the submittal: https://www.dropbox.com/scl/fi/9atkun94n66akeon61nh5/823-Guadalupe-1st-Submittal-Set-2023-08-03.pdf?rlkey=uqd7k2dsn9ra0c9w0wavs3r1s&st=67abpy5h&dl=0 . See attached documents for more information.