J
Seller's Agent in 2021
Jason Blankenship
Rice Ranch Realty
(805) 431-0906
7 Total Sales
1265 Nice Ave Grover Beach, CA 93433
Grover Beach Area
16
Beds
8
Baths
6,000
Sq Ft
0.3
Acre Lot
Highlights
- 0.3 Acre Lot
- Fireplace in Primary Bedroom
- Attached Carport
- Arroyo Grande High School Rated A-
- No HOA
About This Home
As of October 2021Extremely rare 8 -plex apartment building close to the beach and services. Units stay rented and are in high demand. All units are 2 bedroom 1 bath units. Rents can be raised as current owner has just kept renters in place. Opportunity to fix up and raise rents and have significant instant equity. This property wont last long. Nothing like it on the market.. Hurry and bring offers.
Last Agent to Sell the Property
Rice Ranch Realty License #01960677 Listed on: 08/11/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,738
Year Built
- Built in 1978
Lot Details
- 13,250 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 2 Car Garage
- Attached Carport
- Parking Available
Home Design
- Apartment
- Asphalt Roof
Interior Spaces
- 6,000 Sq Ft Home
- 2-Story Property
- Electric Fireplace
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Laundry in unit
Kitchen
- Built-In Range
- Disposal
Bedrooms and Bathrooms
- 16 Bedrooms
- Fireplace in Primary Bedroom
- 8 Bathrooms
- Fireplace in Bathroom
Utilities
- Natural Gas Not Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, security
- Assessor Parcel Number 060345021
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 8 Separate Electric Meters
- Electric Expense $1,128
- Insurance Expense $4,600
- Professional Management Expense $7,496
- Trash Expense $2,820
- Water Sewer Expense $7,316
- Operating Expense $44,000
- Gross Income $1,100
- Net Operating Income $72,700
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 21, 2025
Sold by
Bought by
Purchase Details
Listed on
Aug 11, 2021
Closed on
Oct 15, 2021
Sold by
Bought by
Seller's Agent
Jason Blankenship
Rice Ranch Realty
Buyer's Agent
Jason Blankenship
Rice Ranch Realty
List Price
$1,600,000
Sold Price
$1,700,000
Premium/Discount to List
$100,000
6.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
0.028%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 11, 2021
Closed on
Oct 7, 2021
Sold by
Bought by
Seller's Agent
Jason Blankenship
Rice Ranch Realty
Buyer's Agent
Jason Blankenship
Rice Ranch Realty
List Price
$1,600,000
Sold Price
$1,700,000
Premium/Discount to List
$100,000
6.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
0.028%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 31, 1998
Sold by
Bought by
Purchase Details
Closed on
Sep 30, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,645,000 | Chicago Title Company | ||
| -- | -- | ||
| $1,700,000 | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| $230,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,000,000 | ||
| Closed | $1,000,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2021 10/15/21 | Sold | $1,700,000 | +6.3% | $283 / Sq Ft |
| 08/14/2021 08/14/21 | Pending | -- | -- | -- |
| 08/11/2021 08/11/21 | For Sale | $1,600,000 | -- | $267 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,254 | $1,804,053 | $742,845 | $1,061,208 |
| 2024 | $20,095 | $1,768,680 | $728,280 | $1,040,400 |
| 2023 | $20,095 | $1,734,000 | $714,000 | $1,020,000 |
| 2022 | $19,784 | $1,700,000 | $700,000 | $1,000,000 |
| 2021 | $6,801 | $579,810 | $136,642 | $443,168 |
| 2020 | $6,724 | $573,865 | $135,241 | $438,624 |
| 2019 | $6,670 | $562,614 | $132,590 | $430,024 |
| 2018 | $6,586 | $551,584 | $129,991 | $421,593 |
| 2017 | $6,294 | $540,770 | $127,443 | $413,327 |
| 2016 | $5,865 | $530,168 | $124,945 | $405,223 |
| 2015 | $5,733 | $522,206 | $123,069 | $399,137 |
| 2014 | $5,401 | $511,978 | $120,659 | $391,319 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Blankenship
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI21177740
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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