NOT LISTED FOR SALE
3 Beds
3 Baths
1,505 Sq Ft
7,000 Sq Ft Lot

Last Sold July 13, 2018

Last sale price $350,000 $233 Per Sq Ft

5 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 3-minute walk to Oceano Dunes State Vehicular Recreation Area
  • Arroyo Grande High School Rated A-

About This Home

As of July 2018

Large corner lot with three units that have been rentals with long time tenants. All 1 bedroom 1 bathroom units. Total rents are $2,375 a month. Newer construction across the street. Check with the county for building possibilities. Value in the land!

Last Agent to Sell the Property

Dick Keenan

Keller Williams Realty Central Coast License #00860187 Listed on: 05/30/2018

Keller Williams Realty Central Coast

Co-Listed By

Narlene Carter-Keenan

Keller Williams Realty Central Coast License #00976857

Last Buyer's Agent

Ryan Benson

Peak Properties License #01949307

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 7,000 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,505 Sq Ft Home
  • Flat Roof Shape
  • Raised Foundation
  • Tar and Gravel Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 062088011

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $800
  • Professional Management Expense $1,584
  • Trash Expense $360
  • Water Sewer Expense $720
  • Operating Expense $3,464
  • Gross Income $28,500
  • Net Operating Income $23,935

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Professional Management Expense: 1584.00
  • Property Attached: No
  • Subdivision Name Other: Oceano(350)
  • Water Sewer Expenses: 720.00
  • Zoning: RMF
  • Property Type: Residential Income
  • Parcel Number: 062088011
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 232.56

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Flat, Tar/Gravel

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7000.00

Multi Family

  • Gross Income: 28500.00
  • Gross Scheduled Income: 28500.00
  • Insurance Expense: 800.00
  • Net Operating Income: 23935.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 4564.37
  • Rent Control: No
  • Total Expenses: 3464.00

Tax Info

  • Tax Census Tract: 122.00

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
07/13/2018 07/13/18 Sold $350,000 0.0% $233 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $350,000 -- $233 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI18127410

California Regional Multiple Listing Service (CRMLS)

APN: 062-088-011