NOT LISTED FOR SALE

270 W Branch St Arroyo Grande, CA 93420

-- Bed
-- Bath
1,914 Sq Ft
1949 Built

Last Sold August 03, 2016

Last sale price $685,000 $358 Per Sq Ft

28 Days on Market

Highlights

  • Laundry Room
  • Ocean View Elementary School Rated A-
  • Paved or Partially Paved Lot

About This Home

As of August 2016

Marketing Remarks: In The Village of Arroyo Grande. A duplex, a detached cottage, 5 garages, and a vacant 6,000 sq. ft. R-1 lot. Two lots totaling 12,000 sq. ft. Two separate parcels: 007-186-061 (lot) & 007-186-062. All interiors completely upgraded with new tile floors throughout, custom kitchen cabinets with granite counters, new dishwashers, gas stoves, refrigerators, lighting, new gas wall heaters, new bath vanities and large custom tile showers with glass doors. Some new windows being installed. Washer / dryer hook-ups, and private yards. All units have front & rear doors. Owner is listing broker. Do not disturb tenants. Duplex units have a front patio with views of the hills.

Last Agent to Sell the Property

Guy Torelli

Torelli Investment Realty License #00666517 Listed on: 07/01/2016

Last Buyer's Agent

Michael Puhek

RE/MAX Success License #01441759

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 5,998 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • 1,914 Sq Ft Home
  • Raised Foundation
  • Shingle Roof

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • Parking Available
  • Private Parking

Utilities

  • Wall Furnace

Community Details

  • 3 Units
  • Net Operating Income $34,250

Listing and Financial Details

  • Assessor Parcel Number 007186062

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • CapRate: 5.00
  • Zoning: SFR
  • Property Type: Residential Income
  • Parcel Number: 007186062
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 357.89

Exterior Features

  • Foundation: Raised
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Private

Utilities

  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 5998.00

Multi Family

  • Gross Multiplier: 15.00
  • Net Operating Income: 34250.00
  • Number Of Units Total: 3
  • Operating Expense: 11350.00

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 List to Sale Price per Sq Ft
08/03/2016 08/03/16 Sold $685,000 -4.2% $358 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/12/2016 07/12/16 Price Changed $715,000 -4.0% $374 / Sq Ft
07/01/2016 07/01/16 For Sale $745,000 -- $389 / 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: SP1068636

California Regional Multiple Listing Service (CRMLS)