$1,250,000
$1,250,000
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7,405 Sqft Lot
SOLD DATE : 12/23/2015
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID SP1059913
Sold Date 12/23/15
HOA Y/N No
Lot Size 7,405 Sqft
Property Description
Marketing Remarks: 1 of 2 contiguous parcels, same owner for nearly 60 years. 4 car garage on alley at rear of parcel has been used by common owner only and is a single structure existing on both parcels. Buyer to confirm whether easement or some other agreement is needed for garage footprint and use. Lot is estimated to be 7500 sq. ft., with alley access. R-2 zoning. Property has four, 2-bedroom units. Two units (unit 1239 A, 1239 B) have 1.5 baths, two units (Units 1237 and 1239 C) have 2.5 baths. Two of the units have fireplaces (1237 & 1239C). Three of the units are leased until summer 2016. Annual income reflects net income from 2014. This is a probate sale, and may require court approval.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning R2
Interior
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Exterior
Community Features Curbs, Sidewalks
Roof Type Shingle
Building
Lot Description Paved
Story Two
Entry Level Two
Foundation Slab
Level or Stories Two
Others
Tax ID 052202007
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Probate Listing
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Bought with Todd Dolezal • The Real Estate Office