CA > Arroyo Grande
Arroyo Grande, CA 93420,1191 Fair Oaks AVE
Arroyo Grande, CA 93420,1191 Fair Oaks AVE
Arroyo Grande, CA 93420,1191 Fair Oaks AVE
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Natalie Miranda

Natalie Miranda

$ 2,550,000
Est. payment | /mo

0.28 Acres Lot

Save
$ 2,550,000
Est. payment | /mo
Save

0.28 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PI25034031

HOA Y/N No

Year Built 1984

Lot Size 0.284 Acres

Property Sub-Type Mixed Use

Property Description

Fantastic investment opportunity for a well located 8 unit apartment complex in Arroyo Grande. Only 4 short blocks to Grand Avenue shopping district, across the street from the Soto Sports Complex and park, just down the street from Harloe Elementary School and very close to both Arroyo Grande High School and Dignity Health Medical Center. Great performing asset with very strong rental history. Rarely available income property in great Central Coast neighborhood. Well maintained property, professionally managed and stable tenants. Each unit includes 2 bedrooms, 1.5 bathrooms, fully equipped eat-in kitchen, private rear patio, one carport parking space and one uncovered on-site parking space. There is abundant street parking as well. Below market rents and on-site laundry facilities provide additional upside for such a rare offering. Ideal 1031 investment. Please Do not disturb Tenants.

Location

State CA

County San Luis Obispo

Area Ag-West Of Hwy 101

Zoning R3

Interior

Interior Features All Bedrooms Up

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate

Fireplaces Type Bath, Kitchen, Living Room

Fireplace Yes

Appliance Gas Range, Gas Water Heater

Laundry Common Area

Exterior

Parking Features Carport, On Site, Paved

Carport Spaces 8

Pool None

Community Features Curbs, Dog Park, Park, Street Lights, Sidewalks

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

Accessibility None

Total Parking Spaces 16

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 077272052

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Bryan Friedman • Berkshire Hathaway Home Servic • 805-704-7080

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agent
Natalie Miranda

Marketing Director and Agent | License ID: 02122928

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1191 Fair Oaks AVE