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Listing 16 out of 33
Sold for $900,000 Sold

1503 Saratoga Avenue
Grover Beach, CA 93433

3 units | Multi Family Home
10049 sq ft lot - MLS# PI19001758
Property Photo

Sold

Sold for $900,000 on Mar 22, 2019

Description

North Grover single story triplex in excellent condition. These units have two bedrooms and one bath and a single car garage. The owner has owned them for many years and has enjoyed very high occupancy rates. The units were all updated in early 2018. The complex is professionally managed and the rent for all three units is currently $1,600 per month per unit.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $950,000
  • Zip Code: 93433
  • Year Built: 1976
  • Subdivision/Neighborhood: North Grover Beach(350)
  • Stories: One
  • Units: 3 units
  • # of Parking Spaces: 1.00
  • Lot Size: 10049 sq ft lot
  • Zoning: R2
  • Area: GRVC - Grover Beach
  • Average 2 Bed Area: 800
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 2400.00
  • Building Area Units: Square Feet
  • Cap Rate: 4.00
  • Common Walls: 1 Common Wall
  • Community Features: Curbs, Sidewalks
  • Construction Materials: Stucco
  • Country: US
  • Directions: From Hwy 101, go South on N Oak Park Blvd. Turn right on Saratoga Ave. Property is on your right.
  • Garage Spaces: 1.00
  • Gross Income: 37450.00
  • Gross Scheduled Income: 57600.00
  • Heating: Wall Furnace
  • Heating YN: Yes
  • Insurance Expense: 1000.00
  • Laundry Features: In Garage
  • Laundry YN: Yes
  • Listing Agent License: 00961923
  • Listing Office License: 00961923
  • Lot Features: Level with Street
  • Lot Size Area: 10050.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 37450.00
  • New Taxes Expense: 9500.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Operating Expense: 20160.00
  • Other Expense: 2130.00
  • Property Attached YN: Yes
  • Road Surface Type: Paved
  • Roof: Composition
  • Selling Agent: Joseph Sarullo
  • Selling Agent License: 02040725
  • Selling Office: Berkshire Hathaway Homeservices California Realty
  • Selling Office License: 01116656
  • Sewer: Public Sewer
  • Total Expenses: 20160.00
  • Trash Expense: 1150.00
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Sewer Expense: 6380.00
  • Water Source: Public
  • Year Built Source: Assessor
  • Sold Price: 900000.00
  • Sold Date: 2019-03-22
Courtesy of Allan Real Estate Investments, Dennis Allan

 


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Monique Carlton - Owner, Agent of
San Luis Obispo Realty - Top San Luis Obispo Real Estate Agency on the Central Coast!
441 Marsh Street
San Luis Obispo, CA 93401
Phone: (805) 471-6921
Email: moniquecarlton@gmail.com
BRE # 00184228

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Company web site: www.San-Luis-Obispo-Realty.com


 

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