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    900 S 10th Street

    Grover Beach, CA 93433
    • $1,150,000
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: PI20189258
    UPDATED: 50 min ago
    $1,150,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,008
      SQFT
    • $382
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:

    School Ratings & Info

    Description

    This well maintained four-unit Apartment Building is located in Grover Beach California in San Luis Obispo County. It has an excellent tenant history and professionally managed is now offered for sale. All four apartments are two bedrooms and one and a half bath, six covered parking, two uncovered parking, and four storage rooms for each unit. Larger unit number one is lower single level with a nicely manicured fenced yard, units two, three, and four are second level all have two assigned parking spaces. Recent new roof and complete section one termite. Truly a pride of ownership with an additional upside opportunity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-21T11:27:50.447. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/110061402
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    900 S 10th Street Grover Beach, CA 93433

    • Price: $1,150,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: PI20189258
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    3,008
    SQFT
    $382
    $/SQFT
    1978
    Built
    Neighborhood:
    Grover Beach (330)
    County:
    San Luis Obispo
    Area:
    GRVC - Grover Beach
    Property Description
    This well maintained four-unit Apartment Building is located in Grover Beach California in San Luis Obispo County. It has an excellent tenant history and professionally managed is now offered for sale. All four apartments are two bedrooms and one and a half bath, six covered parking, two uncovered parking, and four storage rooms for each unit. Larger unit number one is lower single level with a nicely manicured fenced yard, units two, three, and four are second level all have two assigned parking spaces. Recent new roof and complete section one termite. Truly a pride of ownership with an additional upside opportunity.
    Exterior Features

    Carport Spaces 4.00 Foundation Details Concrete Perimeter Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Covered Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition Spa Features None Spa YN No Uncovered Spaces 2.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Heating Natural Gas Heating YN Yes Laundry Features Common Area Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.00 Community Features Biking Country Us Current Financing Other Electric Expense 300.00 Elevation Units Feet Fuel Expense 100.00 Gross Income 65040.00 Gross Multiplier 17.50 Gross Scheduled Income 64000.00 Insurance Expense 1000.00 Land Lease YN No Laundry Income 600.00 Laundry YN Yes Net Operating Income 42000.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 22000.00 Professional Management Expense 4700.00 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Grover Beach (330) Tenant Pays ElectricityGas Total Actual Rent 5370.00 Total Expenses 22000.00 Trash Expense 1150.00 Utilities Cable AvailableElectricity AvailablePhone AvailableSewer ConnectedWater Connected Water Sewer Expense 3300.00 Water Source Public Year Built Source Assessor Zoning 30

    Listing provided courtesy of Jim Lamarca of Mid Coast Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-21T11:27:50.447. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003