Fantastic investment opportunity for a well located 8 unit apartment complex in Arroyo Grande. Only 4 short blocks to Grand Avenue shopping district, across the street from the Soto Sports Complex and park, just down the street from Harloe Elementary School and very close to both Arroyo Grande High School… Read More and Dignity Health Medical Center. Great performing asset with very strong rental history. Rarely available income property in great Central Coast neighborhood. Well maintained property, professionally managed and stable tenants. Each unit includes 2 bedrooms, 1.5 bathrooms, fully equipped eat-in kitchen, private rear patio, one carport parking space and one uncovered on-site parking space. There is abundant street parking as well. Below market rents and on-site laundry facilities provide additional upside for such a rare offering. Ideal 1031 investment. Please Do not disturb Tenants. Read Less
Property listed by Berkshire Hathaway Home Servic, Bryan Friedman, 805-704-7080
Listing Snapshot
Days Online
7
Last Updated
Property Type
Mixed Use
Lot Size
0.28 Acres
Year Built
1984
MLS Number
PI25034031
30 Days Snapshot Of 93420
$1,588k
+20%
(avg) sold price
12
-29%
homes sold
97
+8%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasRange, GasWaterHeater
Building
Built in 1984, Building area total: 6,185, Levels: Two, 2 stories, 2 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.