NOT LISTED FOR SALE

857 Manhattan Ave Grover Beach, CA 93433

Estimated Value: $923,000 - $1,292,000

2 Beds
1 Bath
3,468 Sq Ft
$318/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2023

Last sale price $949,788 $274 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,883 / mo

31 Days on Market

Highlights

  • Property is near park
  • No HOA
  • Rectangular Lot
  • Arroyo Grande High School Rated A-

About This Home

As of June 2023

Welcome to 857 Manhattan Avenue in beautiful Grover Beach! Located in a peaceful and desirable neighborhood, this 4-plex is ideal for investors looking to add to their portfolio or for those looking to live in one unit and rent out the other three. Each unit features 2 bedrooms, 1 bath, and 867 square feet of comfortable living space. Conveniently located just minutes from the beach, schools, shopping, and dining, this property offers the perfect blend of comfort, convenience, and investment potential. Don't miss out on this excellent opportunity to own a four plex on the Central Coast!

Last Agent to Sell the Property

Jay Bond

eXp Realty of California, Inc. License #01823529 Listed on: 03/09/2023

eXp Realty of California, Inc.

Last Buyer's Agent

Braidy Halverson

BH Realty Group License #02051406

BH Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,875 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Home Design

  • 3,468 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Leased Washer and Dryer

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 060281023

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Grover Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Gardener Expense $600
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $4,752
  • Operating Expense $26,613
  • Gross Income $65,820
  • Net Operating Income $39,206

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

6,875 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Grover Beach (330)
  • Water Sewer Expenses: 4752.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 060281023
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 273.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Rectangular Lot, Level, Park Nearby
  • Lot Size Sq Ft: 6875.00
  • Lot Size Acres: 0.1578

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 65820.00
  • Gross Scheduled Income: 65820.00
  • Insurance Expense: 1200.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 85.00
  • Lot Size Area: 6875.0000 Square Feet
  • Net Operating Income: 39206.00
  • 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: 26613.00
  • Operating Expense Percent: 40.00
  • Other Income Description: Carport rental potential@50/mo
  • Rent Control: No
  • Total Expenses: 26613.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 2, 2023
Sold by
Bought by
Seller's Agent
Jay Bond
eXp Realty of California, Inc.
Buyer's Agent
Braidy Halverson
BH Realty Group
List Price
$999,999
Sold Price
$949,788
Premium/Discount to List
-$50,211
-5.02%
Views
43
Current Estimated Value
$1,103,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,540
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Feb 19, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 4, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
8.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,435
Interest Rate
6.52%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,750
Interest Rate
7.65%

Purchase Details

Closed on
Jul 16, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
8.87%
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

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 Buyer Sale Price Title Company
$950,000 Fidelity National Title
-- None Available
$545,000 Fidelity National Title Co
-- Fidelity National Title Co
-- Alliance Title
-- Gateway Title Company
-- Gateway Title Company
-- Cuesta Title Company
$495,000 Chicago Title Co
$312,500 Cuesta Title Company
$196,500 First American Title Ins Co
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 Borrower Loan Amount
Previous Owner $722,000
Previous Owner $660,000
Previous Owner $540,000
Previous Owner $435,435
Previous Owner $218,750
Previous Owner $167,000
Closed $9,850
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
06/01/2023 06/01/23 Sold $949,788 -5.0% $274 / Sq Ft
04/09/2023 04/09/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $999,999 0.0% $288 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $999,999 -- $288 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $11,093 $988,067 $416,160 $571,907
2024 $7,817 $968,694 $408,000 $560,694
2023 $7,817 $674,565 $309,433 $365,132
2022 $7,696 $661,339 $303,366 $357,973
2021 $7,606 $648,372 $297,418 $350,954
2020 $7,519 $641,725 $294,369 $347,356
2019 $7,458 $629,144 $288,598 $340,546
2018 $7,365 $616,809 $282,940 $333,869
2017 $7,038 $604,716 $277,393 $327,323
2016 $6,559 $592,859 $271,954 $320,905
2015 $6,410 $583,954 $267,869 $316,085
2014 $6,039 $572,516 $262,622 $309,894
Source: Public Records

Agents Affiliated with this Home

  • Jay Bond

    Seller's Agent in 2023

    Jay Bond

    eXp Realty of California, Inc.

    (805) 709-4027

    219 Total Sales

    Jay Bond
    Section Image
  • Braidy Halverson

    Buyer's Agent in 2023

    Braidy Halverson

    BH Realty Group

    (805) 215-6864

    80 Total Sales

    Braidy Halverson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI23039941

California Regional Multiple Listing Service (CRMLS)

APN: 060-281-023

California San Luis Obispo County Grover Beach 93433

857 Manhattan Ave, Grover Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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