NOT LISTED FOR SALE

265 N 16th St Grover Beach, CA 93433

Estimated Value: $1,308,000 - $1,520,000

8 Beds
8 Baths
3,805 Sq Ft
$370/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $1,275,000 $335 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,713/month

2 Days on Market

Highlights

  • Laundry Room
  • Arroyo Grande High School Rated A-
  • Wall Furnace

About This Home

As of August 2022

Four 2 bedroom 1.5 bath units. 2 with long term tenants, 1 rented in the last year and a half and one available for rent. 2 cosmetically upgraded. New roof, rain gutters and fencing. Coin Op laundry room. Great income property, or live in one and rent the other 3!

Last Agent to Sell the Property

Pam Milligan

Milligan & Associates License #00911595 Listed on: 06/28/2022

Last Buyer's Agent

Anthony Aurignac

Venture Real Estate License #01946262

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 3,805 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 8 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Additional Features

  • Laundry Room
  • Rain Gutters
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 060176038

Community Details

Overview

  • 4 Units
  • North Grover Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $300
  • Gardener Expense $1,920
  • Insurance Expense $1,315
  • Trash Expense $1,860
  • Water Sewer Expense $6,600
  • Operating Expense $11,995
  • Gross Income $58,200
  • Net Operating Income $42,617

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Grover Beach(350)
  • Water Sewer Expenses: 6600.00
  • Zoning: 30
  • Property Type: Residential Income
  • Gardener Expense: 1920.00
  • Parcel Number: 060176038
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 335.09
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1860.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 11916.00
  • Lot Size Acres: 0.2736

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 58200.00
  • Gross Scheduled Income: 58200.00
  • Insurance Expense: 1315.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 160.00
  • Lot Size Area: 11916.0000 Square Feet
  • Net Operating Income: 42617.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 15583.00
  • Rent Control: Yes
  • Total Expenses: 11995.00

Tax Info

  • Tax Census Tract: 120.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Knapp Samantha Marie and Meek Brenden Oliver
Bought by
265 Grover Llc
Current Estimated Value
$1,407,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Outstanding Balance
$1,273,896
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$134,015

Purchase Details

Listed on
Jun 28, 2022
Closed on
Jul 12, 2022
Sold by
Birlew Family Trust
Bought by
Knapp Samantha Marie and Meek Brenden Oliver
Seller's Agent
Pam Milligan
Milligan & Associates
Buyer's Agent
Anthony Aurignac
Venture Real Estate
List Price
$1,275,000
Sold Price
$1,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$956,250
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2010
Sold by
Birlew Howard L and Birlew Rachael A
Bought by
Birlew Howard L and Birlew Rachael A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
265 Grover Llc -- Chicago Title Company
Knapp Samantha Marie $1,275,000 Fidelity National Title
Birlew Howard L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 265 Grover Llc $1,275,000
Previous Owner Knapp Samantha Marie $956,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $1,275,000 0.0% $335 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $1,275,000 -- $335 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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 $14,893 $1,338,610 $520,200 $818,410
2024 $14,776 $1,300,500 $510,000 $790,500
2023 $14,776 $1,275,000 $500,000 $775,000
2022 $2,432 $208,959 $75,307 $133,652
2021 $2,403 $204,863 $73,831 $131,032
2020 $2,376 $202,763 $73,074 $129,689
2019 $2,357 $198,789 $71,642 $127,147
2018 $2,327 $194,892 $70,238 $124,654
2017 $2,224 $191,071 $68,861 $122,210
2016 $2,072 $187,325 $67,511 $119,814
2015 $2,025 $184,512 $66,497 $118,015
2014 $1,908 $180,899 $65,195 $115,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI22138246

California Regional Multiple Listing Service (CRMLS)

APN: 060-176-038