$935,000
$990,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
111 Newport AVE Grover Beach, CA 93433
7,405 Sqft Lot
Key Details
Sold Price $935,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SP1043044
Sold Date 06/10/14
HOA Y/N No
Year Built 1979
Lot Size 7,405 Sqft
Property Description
Marketing Remarks: Beautifully maintained building of loft style apartments in the up and coming Grover Beach warehouse district. Lovingly upgraded and renovated, 3 of the 4 units are two bedroom, 1 bath fully furnished, eco-friendly vacation rentals with one month minimum stays, very high rental income and repeat clientele. There is one 3 bedroom, 2 bath ground floor unit on a long term lease that would be suitable as an owner's apartment. All units have a one car garage plus outside parking space. Just a short stroll from beaches, coffee shops, restaurants, the Monarch Butterfly Grove, golf course and the anticipated lodge and convention center.
Location
State CA
County San Luis Obispo
Area Grvc - Grover Beach
Zoning R2
Interior
Interior Features Storage
Heating Electric, Natural Gas, Wall Furnace
Cooling None
Fireplace No
Laundry Common Area
Exterior
Garage On Site, On Street
Community Features Curbs
Utilities Available Cable Available
Roof Type Shingle
Building
Lot Description Corner Lot, Paved, Sprinkler System, Street Level
Story Two
Entry Level Two
Foundation Slab
Level or Stories Two
Others
Tax ID 060077022
Acceptable Financing Cash to New Loan, Owner May Carry, Submit
Listing Terms Cash to New Loan, Owner May Carry, Submit
Financing Conventional
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Bought with Jed Damschroder • Haven Properties