$1,550,000

359 N 16th Street

Grover Beach CA, 93433

Description

A rare offering indeed. 1940's Art Deco inspired 10 unit apartment complex in desirable North Grover location. Outstanding rental history, rarely a vacancy. Many of the units have been nicely updated over the years but still retain some original charm. Each unit has its own private backyard and patio space out front. Rents are low, so there is plenty of upside potential. Check with City regarding this R-2 property for potential development. Area is surrounded by single family homes and has convenient access to shopping.

Details

MLS#SP20201655
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1941
Days On Site21

Features

SQ Feet2,400
Units10
Building(s)1

Market Activity 93433

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Area Information
StateCA
CountySan Luis Obispo
CityGrover Beach
Zip Code93433
AreaGRVC - Grover Beach
Listing VS Median (in 93433)
Price:
$1,550,000
low | high
Med:
$629,200
100% of Average
SqFt:
2,400
low | high
Med:
1,709
78.791666666667% of Average
$ / SqFt:
$646
low | high
Med:
$370
92.701541305961% of Average
On Site:
21
low | high
Med:
139
15.107913669065% of Average
Listing Updated: November 25, 2020 3:19:46 AM PST
Steve Ferrario LogoMLS Number: SP20201655
Listing Provided By:
Steve Ferrario  of  BHGRE Haven Properties
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.