NOT LISTED FOR SALE
12 Beds
12 Baths
-- Sq Ft
10,890 Sq Ft Lot

Last Sold June 17, 2016

Last sale price $1,027,000

10 Days on Market

Highlights

  • Fenced Yard
  • Patio
  • Forced Air Heating System
  • Arroyo Grande High School Rated A-
  • Outdoor Grill
  • 4-minute walk to Ramona Garden Park

About This Home

As of June 2016

As Seen on, The Hottest Homes on the Central Coast. 6 Units Close to the beach!!Incredible return on investment. Highly desired area of Grover Beach....just minutes from beach! All 2 story apartments with their own backyards AND 3 large grassy yards to play, mingle, enjoy family and friends etc, covered parking assigned to each unit, 2 separate laundry rooms.... VERY nice community. Rents well below market..Cap rate so much higher on projected rents!!...

Last Agent to Sell the Property

Naomi Westgard

Coldwell Banker Premier R.E. Listed on: 03/10/2016

Last Buyer's Agent

Naomi Westgard

Coldwell Banker Premier R.E. Listed on: 03/10/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.25 Acre Lot
  • Fenced Yard
  • Level Lot
  • Sprinkler System

Parking

  • Covered Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 12 Bedrooms

Accessible Home Design

  • Hand Rail

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Cable TV Available

Community Details

  • 6 Units
  • Coin Laundry
  • Operating Expense $25,000

Listing and Financial Details

  • Tenant pays for cable TV, electricity, move in fee, move out fee
  • The owner pays for electricity, gardener, taxes, trash collection, water
  • Assessor Parcel Number 060-281-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0.25 Acres

Listing Details

  • FILLACRES: 0.25
  • ApproxYrBlt: 1971
  • Listing Member Name: Naomi Westgard
  • Listing Office Short Id: 1312
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 11103.00
  • Major Area: 09 - Grover Beach
  • Open House Office I D: 20170308161044117110000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 6653
  • Selling Office Short Id: 1312
  • Building Stories: 2
  • OFFICELIST_ZIP4: 2351
  • Unit Levels: Two
  • Geen Feat.: Cable Available, Curbs/Gutter, Paved Streets, Sidewalks, Street Lights
  • Income And Expenses Annual Operating Exp: 25000.00
  • Landlord Pays: Electricity, Gardener, Taxes, Trash Collection, Water
  • Special Features: None
  • Stories: 2
  • Year Built: 1971

Interior Features

  • Lower Floor 1 Half Bathrooms: 6
  • Total Bathrooms: 12.00
  • Total Bedrooms: 12
  • Interior Amenities: Hand Rails, Phone Wired, Storage
  • Laundry: Coin Op, Common

Exterior Features

  • Additional Buildings: Other
  • Exterior: Other
  • Exterior Features: BBQ, Fenced, Fenced Yard, Patio, Yard Sprinklers
  • Foundation: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking: Covered

Utilities

  • Air Conditioner: Ceiling Fans, None
  • Heating: Forced Air
  • Separate Meters: Electric, Move Out Fee

Lot Info

  • Lot Characteristics: Level
  • Zoning Description: Multi-Fam R3

Rental Info

  • Tenant Pays: Cable TV, Electricity, Move In Fee, Move Out Fee

Tax Info

  • Assessor Parcel Number: 060-281-022

Multi Family

  • Annual Operating Expense: Electricity, Insurance, Janitorial Service, Maintenance, Management, Other, PRP Tx/Assessment, Trash, Utilities, Water/Sewer
  • Total Number Units: 6
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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
06/17/2016 06/17/16 Sold $1,027,000 -- --
Source: North Santa Barbara County Regional MLS

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 $13,649 $1,215,753 $473,516 $742,237
2024 $13,542 $1,191,916 $464,232 $727,684
2023 $13,542 $1,168,546 $455,130 $713,416
2022 $13,332 $1,145,634 $446,206 $699,428
2021 $13,175 $1,123,171 $437,457 $685,714
2020 $13,026 $1,111,655 $432,972 $678,683
2019 $12,920 $1,089,859 $424,483 $665,376
2018 $12,759 $1,068,490 $416,160 $652,330
2017 $12,192 $1,047,540 $408,000 $639,540
2016 $5,875 $531,021 $198,139 $332,882
2015 $5,742 $523,045 $195,163 $327,882
2014 $5,409 $512,801 $191,341 $321,460
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 1064488

North Santa Barbara County Regional MLS
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