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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Grover Beach (330)
MLS Listing ID PI24080768
Sold Date 05/15/24
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash
Property Type Res Income 2-4 Units
Property Description
Outstanding Central Coast investment opportunity in Grover Beach! Well maintained triplex with strong rental history. Three units total. Each unit includes 2 bedrooms, 1 full bathroom and 1 half bathroom. All of the units are light and bright and have their own sliding door to access the individual private exterior patios. Each unit has its own kitchen/dining area, living room, half bath and interior laundry located downstairs. Two bedrooms and full bath upstairs as well as lots of storage and individual central heating. The attached car port includes one parking space and one storage locker per unit. There is also an additional uncovered parking space for each unit in the front parking area. Very stable tenants with below market rents presents consistent cash flow with this low maintenance investment property having nice potential upside. The building is set back from the street and is located in a quiet neighborhood of Grover Beach which enjoys close access to the nearby beaches, shopping, schools and medical facilities. At only $392k per unit, this property is an ideal investment opportunity or 1031 acquisition candidate. Please do not disturb tenants.
Location
State CA
County San Luis Obispo
Zoning Estimated
Direction TROUVILLE AVE BETWEEN 10TH AND 12TH STREETS
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
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Bought with Pamela Storton Storton Properties
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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