$1,100,000
$1,499,000
26.6%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 03/05/2021
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision North Grover Beach(350)
MLS Listing ID SP20201655
Sold Date 03/05/21
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1941
Lot Size 0.310 Acres
Property Description
A rare offering indeed. 1940's Art Deco inspired 10 unit apartment complex in desirable North Grover location. Outstanding rental history, rarely a vacancy. Many of the units have been nicely updated over the years but still retain some original charm. Each unit has its own private backyard and patio space out front. Rents are low, so there is plenty of upside potential. Check with City regarding this R-2 property for potential development. Area is surrounded by single family homes and has convenient access to shopping.
Location
State CA
County San Luis Obispo
Area Grvc - Grover Beach
Interior
Interior Features All Bedrooms Down
Heating Electric
Cooling None
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Appliance Electric Oven, Electric Range
Laundry None
Exterior
Parking Features Door-Single, Garage Faces Front, Garage
Garage Spaces 10.0
Garage Description 10.0
Fence Wood
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
View Y/N Yes
View Hills
Roof Type Composition
Total Parking Spaces 12
Private Pool No
Building
Lot Description 6-10 Units/Acre, Street Level
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 060175034
Energy Description 100.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Nancy Tucker • Hubbell Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "