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Listing 31 out of 33
$530,000 For Sale

458 S 14th Street
Grover Beach, CA 93433

2 units | Multi Family Home
7501 sq ft - MLS# PI18237583
Property Photo
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Description

Two detached homes centrally located in Grover Beach! The main home is 3 bedrooms & 1 bathroom. This home features stucco siding, a composition shingle roof, covered concrete porch, a brick fireplace, enclosed patio and a 1 car garage. The garage is plumbed for a second bathroom. Current updates in this home include newer floor coverings, updated kitchen cabinets & counter tops and a remodeled bathroom. The second unit is detached and accessible via an easement off Seabright. The one car garage has been converted to a bedroom. It was built in 1971 and is all electric. Proforma rents are $1,650/month (three bedroom) and $1,100/month (secondary) as estimated in a recent appraisal. The front home is currently rented for $1,600/month and the rear unit is rented for $800/month.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 93433
  • Year Built: 1960
  • Subdivision/Neighborhood: Grover Beach (330)
  • Stories: One
  • Units: 2 units
  • # of Parking Spaces: 1.00
  • Fireplace: Living Room, Yes
  • Lot Size: 7501 sq ft
  • Zoning: R3
  • Area: GRVC - Grover Beach
  • Appliances: Built-In Range, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Gas Oven, Gas Range, Microwave
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area: 938
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area: 552
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1490.00
  • Building Area Units: Square Feet
  • Cap Rate: 3.50
  • Community Features: Suburban
  • Construction Materials: Stucco, Wood Siding
  • Country: US
  • Directions: cross street is Seabright Ave
  • Flooring: Carpet, Laminate, Vinyl
  • Foundation Details: Slab
  • Garage Spaces: 1.00
  • Gardener Expense: 1200.00
  • Gross Income: 33000.00
  • Gross Scheduled Income: 33000.00
  • Heating: Wall Furnace, Electric, Natural Gas
  • Heating YN: Yes
  • Insurance Expense: 1000.00
  • Interior Features: Formica Counters, Storage
  • Laundry Features: In Garage
  • Laundry YN: Yes
  • Listing Agent License: 00961923
  • Listing Office License: 00961923
  • Lot Dimensions: 50 X 150
  • Lot Features: Lot 6500-9999
  • Lot Size Area: 7500.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 21450.00
  • New Taxes Expense: 6200.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Operating Expense: 11550.00
  • Roof: Composition, Tar/Gravel
  • Room Type: Bonus Room
  • Sewer: Public Sewer
  • Stories Total: 1
  • Total Expenses: 11550.00
  • Trash Expense: 600.00
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Sewer Expense: 570.00
  • Water Source: Public
  • Year Built Source: Public Records
Courtesy of Allan Real Estate Investments, Dennis Allan

 


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441 Marsh Street
San Luis Obispo, CA 93401
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