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$975,000
Est. payment /mo
5 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision North Grover Beach(350)
MLS Listing ID PI25162911
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash
Property Type Res Income 2-4 Units
Property Description
Excellent development opportunity in fantastic Grover Beach corner location loaded with potential! Currently 2 existing units & garage close to the beach & shopping! Unit A is 4 bedrooms, 3 baths, updated kitchen & large laundry room, small yard & storage sheds in back. Unit B is a 1 bedroom, 1 bath approx. 340 sq ft super cute studio. Garage is separately rented. Solar energy system is leased (Solar City) and to be assumed by the Buyer. Per the City of Grover Beach, building potential can go up 55 feet with bottom floor parking (3 levels above parking / 4 levels total) and no setbacks required. Per the city of Grover Beach, potential of 20 units and city will allow each unit to be 590 sq ft max, City requires 1 parking space per unit on ground floor. Potential for ocean views from 2nd, 3rd & 4th floors plus roof top/patio. Buyer to conduct their own due diligence with the City of Grover Beach and County of San Luis Obispo regarding property uses, guidelines & qualifications. PLEASE DO NOT TRESSPASS ON PROPERTY OR DISTURB TENANTS! THANK YOU!
Location
State CA
County San Luis Obispo
Zoning Public Rec
Direction From West on Grand, North 13th St.
Interior
Heating Forced Air Unit
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 060243022
Acceptable Financing Cash
Listing Terms Cash
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Listed by Era Polly Era Polly Real Estate
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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