NOT LISTED FOR SALE

1733 Ramona Ave Unit 16 Grover Beach, CA 93433

32 Beds
24 Baths
16,200 Sq Ft
0.66 Acres

Last Sold January 28, 2019

Last sale price $2,940,201 $181 Per Sq Ft

10 Days on Market

Highlights

  • 0.66 Acre Lot
  • Property is near a park
  • 16 Detached Carport Spaces
  • Arroyo Grande High School Rated A-
  • Laundry Room

About This Home

As of January 2019

Rare opportunity to own a 16 plex in San Luis Obispo County. This property consists of 2 X 8 plex = 16 units. The units are 2 bedroom 1-1/2 bath with inside laundry. Two units have dishwashers and are 1100 Sqf. the rest are approx 900 sqf. The exterior is in the process of being repainted, New roof on main buildings, New slurry coat on driveway. Current rents are $1200 per month which is well below market rates. Located within walking distance to Grocery Stores, Restaurants, Shopping, Bus Stops, 16 blocks to the beach. These type of properties rarely come on the market. Do not disturb the tenants!

Last Agent to Sell the Property

Tom Girard

Pro Real Estate, Inc License #01302138 Listed on: 10/01/2018

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.66 Acre Lot
  • Two or More Common Walls
  • 060182044

Home Design

  • Apartment

Interior Spaces

  • 16,200 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 24 Bathrooms

Parking

  • 16 Parking Spaces
  • 16 Detached Carport Spaces
  • Parking Available

Location

  • Property is near a park
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 060182043

Community Details

Overview

  • 2 Buildings
  • 16 Units

Building Details

  • 16 Leased Units
  • 16 Separate Electric Meters
  • Gardener Expense $2,040
  • Insurance Expense $9,318
  • Other Expense $3,600
  • Professional Management Expense $16,128
  • Trash Expense $5,400
  • Water Sewer Expense $14,400
  • New Taxes Expense $32,320
  • Operating Expense $83,206
  • Gross Income $230,400
  • Net Operating Income $147,194

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 200000
  • Professional Management Expense: 16128.00
  • Property Attached: Yes
  • Subdivision Name Other: North Grover Beach(350)
  • Water Sewer Expenses: 14400.00
  • Zoning: 30
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2040.00
  • Parcel Number: 060182043
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 181.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 16.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 16.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 5400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 060182044
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 28663.00
  • Lot Size Acres: 0.6580

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Gross Income: 230400.00
  • Gross Scheduled Income: 230400.00
  • Insurance Expense: 9318.00
  • Lot Size Area: 28663.0000 Square Feet
  • Net Operating Income: 147194.00
  • Number Of Separate Electric Meters: 16
  • Number Of Units Leased: 16
  • Number Of Units Total: 16
  • Operating Expense: 83206.00
  • Other Expense: 3600.00
  • Other Expense Description: on site
  • Rent Control: No
  • Total Actual Rent: 230400.00
  • Total Expenses: 83206.00

Tax Info

  • New Taxes Expense: 32320.00
  • Tax Census Tract: 120.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Sold $2,940,202 -8.1% $181 / Sq Ft
10/11/2018 10/11/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $3,200,000 -- $198 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tom Girard

    Seller's Agent in 2019

    Tom Girard

    Pro Real Estate, Inc

    (805) 441-1512

    10 in this area

    30 Total Sales

    Tom Girard
    Section Image

  • N

    Buyer's Agent in 2019

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    13 in this area

    5,954 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI18238520

California Regional Multiple Listing Service (CRMLS)
California San Luis Obispo County Grover Beach 93433

1733 Ramona Ave Unit 16, Grover Beach, CA

This home is located at 1733 Ramona Ave Unit 16, Grover Beach, CA 93433 since 01 October 2018. This property was built in 1970. 1733 Ramona Ave Unit 16 is a home located in San Luis Obispo County with nearby schools including Grover Heights Elementary School, Judkins Middle School, and Arroyo Grande High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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