Grover Beach, CA 93433,111 Newport AVE

$935,000

$990,000

5.6%
Est.Price: ?

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Est. payment /mo

7,405 Sqft Lot


SOLD DATE : 06/10/2014

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

Parking Features 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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California Regional MLS (CRMLS)
Listed by Linda Butler • Haven Properties
Bought with Jed Damschroder • Haven Properties
advisor-avatar

+1(805) 242-2114

alana@soldbyalanaking.com

Paso Robles, CA, 93446, USA

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