839 Longbranch, Grover Beach, CA 93433

$2,800,000

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List Price
$2,800,000
Days on Market
14
Status
ACTIVE
MLS#
SC26150620
Lot Size (Acres)
0.2677
Year Built
1978

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.

Additional Information

Area
Grover Beach (GRVC)
Subdivision
Grover Beach (330)
Neighborhood
Grover Beach (330)
Acres
0.27
Garage Spaces
6
Community Features
Sidewalks
Heating
Central
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kevin King (kevin.king@svn.com) from Listing Office: King Properties.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.