NOT LISTED FOR SALE

Arroyo Grande, CA 93420

-- Bed
1 Bath
18,490 Sq Ft
0.36 Acres

Last Sold April 19, 2013

Last sale price $2,425,000 $131 Per Sq Ft

247 Days on Market

Highlights

  • 0.36 Acre Lot
  • Arroyo Grande High School Rated A-
  • Coin Laundry

About This Home

As of April 2013

The Jade and Onyx apartments are two separate (2)-story walk up apartment buildings in the desirable community of Arroyo Grande. The properties are just a few minutes for Old town Arroyo Grande or a quick drive down Grand Ave to Pismo State Beach and Pismo Dunes. Each building sits on a separate lot (with APN) and features separate courtyards and carports. Total unit mix is (13)-2Bed/1Bath & (13)-1Bed/1Bath with rents below market. The Jade and Onyx apartments have great income upside and are priced well below replacement cost. This investment won't last.

Last Agent to Sell the Property

Steve Battaglia

Battaglia Commercial RE License #01318215 Listed on: 07/18/2012

Co-Listed By

Steve Golis

Radius Group Commercial Real E

Last Buyer's Agent

Steve Golis

Radius Group Commercial Real E

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.36 Acre Lot

Parking

  • Covered Parking

Home Design

  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 1 Full Bathroom
  • 18,490 Sq Ft Home
  • 2-Story Property

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Community Details

  • 26 Units
  • Coin Laundry
  • Operating Expense $100,138

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for trash collection, water
  • Assessor Parcel Number 006-544-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • FILLACRES: 0.36
  • ApproxYrBlt: 1962
  • Directions To Property: Take Halcyon south from Grand Avenue. Property is located about 1-1/2 blocks on the east side of Halcyon.
  • Listing Member Name: Steven R Battaglia
  • Listing Office Short Id: 201000376
  • List Office Board Code: Santa Ynez Valley
  • Lot Size Sq Ft: 15725.00
  • Major Area: 10 - Arroyo Grande
  • Open House Office I D: 20170308161134642206000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 7331
  • Selling Office Short Id: 3780
  • Building Stories: 2
  • Tract Suffix: Road
  • OFFICELIST_ZIP4: 3142
  • Unit Levels: Two
  • Income And Expenses Annual Operating Exp: 100138.00
  • Income And Expenses Cap Rate: 6.08
  • Landlord Pays: Trash Collection, Water
  • Special Features: None
  • Stories: 2
  • Year Built: 1962

Interior Features

  • Street Number Modifier: 291
  • Total Bathrooms: 1.00
  • Laundry: Coin Op, Common

Exterior Features

  • Foundation: Slab
  • Roof: Flat

Garage/Parking

  • Parking: 26 - 50, Covered

Utilities

  • Air Conditioner: None
  • Heating: Wall Furnace
  • Separate Meters: Electric, Gas

Lot Info

  • Zoning Description: Res Multi-Family

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Assessor Parcel Number: 006-544-024

Multi Family

  • Total Number Units: 26

Range of Values:

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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 Change Sq Ft Price
04/19/2013 04/19/13 Sold $2,425,000 -- $131 / Sq Ft
Source: North Santa Barbara County Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Battaglia

    Seller's Agent in 2013

    Steve Battaglia

    Battaglia Commercial RE

    (805) 688-5333

    77 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2013

    Steve Golis

    Radius Group Commercial Real E

See All Agents

Source: North Santa Barbara County Regional MLS

MLS Number: 188402

North Santa Barbara County Regional MLS

APN: 006-544-024

California San Luis Obispo County Arroyo Grande

93420

This home since 18 July 2012. This property was built in 1962. This home is a home located in San Luis Obispo County with nearby schools including Harloe Elementary School, Paulding Middle School, and Arroyo Grande High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Santa Barbara County Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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