NOT LISTED FOR SALE

573 N 2nd St Unit 3 Grover Beach, CA 93433

-- Bed
-- Bath
1,992 Sq Ft
7,405 Sq Ft Lot

Last Sold December 04, 2013

Last sale price $565,000 $284 Per Sq Ft

91 Days on Market

Highlights

  • Cooling Available
  • Laundry Room
  • Paved or Partially Paved Lot
  • Arroyo Grande High School Rated A-
  • Ceiling Fan

About This Home

As of December 2013

This is a fabulous three unit complex. One unit is a detached sunny cottage featuring one bedroom and bath and has been completely remodeled. Features include, newer wall furnace, dual paned windows, smooth ceilings, newer flooring, newer kitchen upgrades, recently landscaped and has a newer 30 year roof. This unit should rent for $1,000 or would make a fantastic owner unit. 2nd and 3rd units... each 2 bedrooms and 1 bath with an attached single car garage and have also been upgraded with same improvements as the cottage. 2nd unit rents for $1190 and 3rd unit for $1120. Rents are low, market is at $1300.

Last Agent to Sell the Property

Jeanne Salter

Town & Coastal Properties, Inc. License #00543475 Listed on: 07/08/2013

Last Buyer's Agent

Lee Anne Fisher

Compass License #01082922

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,500 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,992 Sq Ft Home
  • Ceiling Fan
  • Laundry Room

Utilities

  • Cooling Available
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 060076020

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $40,920
  • Net Operating Income $36,199

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

7,500 Sq Ft Lot

Listing Details

  • CapRate: 6.08
  • Subdivision Name Other: North Grover Beach(350)
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 060076020
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Levels: One
  • Price Per Square Foot: 283.63

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Utilities

  • Utilities: Cable Available
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Cooling: Yes

Lot Info

  • Lot Features: Paved, Level with Street, Sprinkler System
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Operating Income: 40920.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 36199.00
  • Number Of Units Total: 3
  • Operating Expense: 4721.00
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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 Prior Sale
12/04/2013 12/04/13 Sold $565,000 0.0% $284 / Sq Ft View Prior Sale
12/04/2013 12/04/13 Sold $565,000 -5.0% $284 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $595,000 -- $299 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI196757

California Regional Multiple Listing Service (CRMLS)
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