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$3,900,000
Est. payment /mo
0.74 Acres Lot
UPDATED:
01/06/2025 05:42 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPI24254824
Originating Board California Regional MLS
Year Built 1986
Lot Size 0.735 Acres
Property Description
Rare opportunity to acquire a 20 unit residential income property near the beach in South County. The offering consists of an older home which encompasses a 3 bedroom, 1 bathroom unit and a 2 bedroom, 1 bathroom unit. There are three other buildings built in 1986 which have six 1 bedroom, 1 bathroom units. Extra income is generated by onsite laundry facilities as well as 13 garage spaces which are all rented separately. The garage units consists of two 2-car garages and eleven 1-car garages. There is a common trash area and 12 parking spots. Each of the apartments has it's own gas and electric meter. The property is under professional management and has had a history of high occupancy. The seller states that the garage roof was replaced in 2013, apartment roofs in 2015 and the house roof in 2017. Fencing was updated in 2018 and rain gutters were repaired in 2016.
Location
State CA
County San Luis Obispo
Area Ocno - Oceano
Interior
Laundry Laundry Area
Exterior
Garage Spaces 25.0
Pool 31, None
View Local/Neighborhood
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 062271030
Special Listing Condition Not Applicable
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Listed by Dennis Allan • Allan Real Estate Investments
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Sharad Gupta
Broker | License ID: 02213637
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