839 Longbranch, Grover Beach, CA 93433
839 Longbranch, Grover Beach, CA 93433
839 Longbranch, Grover Beach, CA 93433
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$2,800,000
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0.27 Acres Lot
New

839 Longbranch Grover Beach, CA 93433

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Grover Beach (330)

MLS Listing ID SC26150620

HOA Y/N No

Year Built 1978

Lot Size 0.268 Acres

Property Sub-Type Apartment

Property Description

Well-maintained 7-unit apartment building in an excellent Grover Beach location. Conveniently located near the popular Grand Avenue corridor with shopping, restaurants, and ongoing new development, the property also offers easy access to the beach, community parks, the Amtrak station, public transportation, Highway 1, and Highway 101.

Five of the seven units have been updated with updated flooring, countertops, fixtures, and appliances. A recently installed MeterNet water sub-metering system allows the owner to recover water costs from tenants, helping improve operating efficiency. Additional amenities include seven private garages, off-street parking, and a community coin-operated laundry facility.

With recent capital improvements, utility cost recovery through water sub-metering, and future rental upside, this property presents an excellent investment opportunity.

Location

State CA

County San Luis Obispo

Area Grvc - Grover Beach

Zoning R3

Interior

Heating Central

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 6

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 060229016

Energy Description 1740.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


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Listed by Kevin King King Properties 805-801-0176, DRE #01013696

NEARBY SCHOOL & BUSINESS

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Pamela Santy

Pamela Santy

Broker Associate | License ID: 00589882

+1(559) 408-4747

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839 Longbranch