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Key Details
Sold Price $750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,968 sqft
Price per Sqft $381
Subdivision Grover Beach (330)
MLS Listing ID PI22205708
Sold Date 11/07/22
Construction Status Fixer,Repairs Major
HOA Y/N No
Year Built 1945
Lot Size 7,501 Sqft
Property Description
Welcome to 196 Saratoga, 481 and 485 2nd street in Grover Beach. This property is ready for you to make it your own. These three homes sit on an impressively large corner lot (approximately 7,500sf) with the possibility of views that are sure to take your breath away just minutes from the beach. In fact, you are so close to the beach you can smell the crisp beachy air and taste the salt in the wind. This property is truly an investor's gold mine. Whether you choose to renovate the current homes on the lot, or demolish and develop a multi-unit parcel, the location and zoning offer endless possibilities.
The first residence is a two-bedroom single bath with a large front yard and small side yard. The other two homes are cozy beach bungalows that need some TLC. The two smaller units are one bedroom and single bath. Each unit has a living room and a kitchen. These units all need a little work before you are able to move in or lease them. This property is less than 10 minutes walking distance to the beach. The opportunities for this investment offer a wide range of options. From a vacation rental, long-term lease or multi-unit development the list of options are endless. This is one property that you want to RUN not walk to. If you are ready to invest and build wealth this is the property for you to purchase. Come by today and see your investment dreams come to life!
Location
State CA
County San Luis Obispo
Area Grvc - Grover Beach
Zoning R3
Rooms
Ensuite Laundry Outside
Interior
Interior Features All Bedrooms Down
Laundry Location Outside
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate
Fireplace No
Appliance Free-Standing Range, Gas Water Heater, Refrigerator
Laundry Outside
Exterior
Pool None
Community Features Curbs, Street Lights
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N Yes
View Peek-A-Boo
Roof Type Composition
Total Parking Spaces 3
Private Pool No
Building
Lot Description Corner Lot, Front Yard, Level
Story One
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Fixer,Repairs Major
Others
Senior Community No
Tax ID 060077006
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Trade
Special Listing Condition Standard
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Bought with Nicole Wiggin • Modern Broker, Inc.
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605