$729,900

Estimated payment $4,063/month

3 Beds
-- Bath
7,405 Sq Ft
$99 Price per Sq Ft

About This Home

Excellent opportunity to own a well-positioned fourplex featuring three 1 bedroom/1 bath units and a 1 studio apartment on a good-sized lot. This property provides investors with four separate income-producing units with potential for strong long-term cash flow and appreciation. Perfect for the investor looking to add a multifamily property to their portfolio.

Listing Agent

Torri Simons

Compass Brokerage Phone: 805-704-0728 License #01136249 Listed on: 08/18/2026

Compass

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1908

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 7,405 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Unit 1 Bathroom: 0
  • Unit 2 Bathroom: 0
  • Unit 3 Bathroom: 0
  • Unit 4 Bathroom: 0

Listing and Financial Details

  • Legal Lot and Block 7 / 15
  • Assessor Parcel Number 123112002

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Sm Northwest Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,274
  • Trash Expense $1,000
  • Water Sewer Expense $1,275
  • Operating Expense $4,529
  • Gross Income $71,520
  • Net Operating Income $59,781

Property Details

Home Type

Apartment

Year Built

Built in 1908

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: SM Northwest(920)
  • Water Sewer Expenses: 1275.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 123112002
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 98.57

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Average1 Bed Area: 420 Square Feet
  • Average Studio Area: 420 Square Feet
  • Gross Income: 71520.00
  • Gross Scheduled Income: 71520.00
  • Insurance Expense: 2274.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 59781.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 11738.00
  • Rent Control: No
  • Total Expenses: 4529.00

Tax Info

  • Tax Block: 15
  • Tax Lot: 7

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $627 $54,452 $18,473 $35,979
2025 $599 $53,385 $18,111 $35,274
2023 $599 $51,313 $17,408 $33,905
2022 $579 $50,308 $17,067 $33,241
2021 $563 $49,323 $16,733 $32,590
2020 $561 $48,818 $16,562 $32,256
2019 $555 $47,862 $16,238 $31,624
2018 $548 $46,924 $15,920 $31,004
2017 $542 $46,005 $15,608 $30,397
2016 $518 $45,103 $15,302 $29,801
2014 $488 $43,557 $14,778 $28,779
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/18/2026 08/18/26 For Sale $729,900 -- $99 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $135,800 New Conventional
Previous Owner $150,000 New Conventional
Source: Public Records

About the Listing Agent

Torri Simons

Compass

(805) 586-9657

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Torri Simons is a dedicated and successful real estate professional in the San Luis Obispo area of California. Her personal goal is to simplify the process of buying and selling real estate, and to satisfy everyone's needs to the best of her ability. Torri’s extensive experience and proven track record are factors her clients can count on when working with her. She uses the latest technology to understand the current market and to make the connections necessary for her and her clients’ success.

Torri's Other Listings

  • 1363 Black Sage Cir, Nipomo, CA 93444

    $789,000 Open Sat 11AM - 1PM

    • 2 Beds
    • 2 Baths
    • 1,397 Sq Ft
    • 1363 Black Sage Cir
    • Nipomo, CA

    Welcome to this beautifully maintained 2-bedroom, 2-bath home on scenic Blacklake Golf Resort at Crowne Point. Perfectly situated overlooking the 4th hole with breathtaking views of the fairway from your living area and private patio where you can relax over a morning cup of coffee or evening beverage. Inside you'll discover a well-appointed open floorplan offering bright and spacious living and

    Torri Simons Compass

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC26180450

California Regional Multiple Listing Service (CRMLS)

APN: 123-112-002

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