Mixed use 5 unit complex located in a great Village of Arroyo Grande location substantially built in 2014. Fully leased and some upside in rent. 528 E Branch has a 2 bedroom/2 bath plus bonus room (which has been used as a 3rd bedroom) residence plus an office /retail located… Read More downstairs (which is currently being used as a hair salon). 530 E Branch has a 2 bedroom/2 bath plus bonus room (which has been used as a 3rd bedroom) residence, a 2 bedroom/1 bath residence and an office downstairs (currently being used as an appointment only bridal shop). This complex covers 5,111 square feet and would be a perfect live/work property. There are 8 private parking spaces behind the two buildings. Located in the Historical A.G. Village and close to shopping, the beach access, Lopez Lake and other Central Coast attractions. Read Less
Property listed by Allan Real Estate Investments, Dennis Allan, 805-473-7500
Listing Snapshot
Days Online
1
Last Updated
Property Type
Mixed Use
Lot Size
0.2 Acres
Year Built
2014
MLS Number
PI25067171
30 Days Snapshot Of 93420
$1,348k
-1%
(avg) sold price
16
0%
homes sold
102
-33%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 2014, Building area total: 5,111, Levels: Two, 2 stories, 2 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Curbs, StreetLights, Sidewalks
Expenses
Insurance expense: $5,000, New taxes expense: $20,000, Operating expense: $38,500, Trash expense: $3,600, Water sewer expense: $3,000
Income
Gross income: $110,000, Net operating income: $71,500
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.
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