$1,199,000
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568 W Grand AVE Grover Beach, CA 93433
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Grover Beach (330)
MLS Listing ID PI18120946
Year Built 1953
Property Description
Gem of a property located only 5 blocks from the entrance to the State Beach and future home to Grover Beach Lodge and Convention Center. Property features two detached cottages plus a 4plex for a total of 6 units. One cottage is a 2Bed/1Bath with small yard; 2nd cottage is a 1Bed/1Bath with a larger private patio; 4plex is 2 stories with all 1Bed/1Bath units.
Buildings have newer roofs and the interiors have upgraded counter tops, fixtures, appliances, and flooring. 4plex has new dual pane windows.
All units have separate electric and gas meters, and cottages have separate water meters. There are 5 off-street parking spaces in front of the 4plex and Cottage #1 has a large undeveloped portion of the lot available for parking.
Investors need to check with the city regarding the development potential of the excess land or re-development of the property as a whole. Property is zoned Central Business Open (CBO), which allows for mixture of commercial, office, and residential uses.
Location
State CA
County San Luis Obispo
Area Grvc - Grover Beach
Zoning HC
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup, None
Interior
Laundry Location Washer Hookup,Gas Dryer Hookup,None
Laundry Washer Hookup, Gas Dryer Hookup, None
Exterior
Pool None
Community Features Curbs
Building
Lot Description 6-10 Units/Acre
Story Two
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Karen Calagna • BHHS Hallmark Realty