839 Longbranch, Grover Beach, CA 93433
List Price: $2.8M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1978
Lot Size: 11,662 sq ft
Garage Spaces: 6
Private Pool: Yes
MLS Number: SC26150620
About This Property
Well-maintained 7-unit apartment building in an excellent Grover Beach location. Conveniently located near the popular Grand Avenue corridor with shopping, restaurants, and ongoing new development, the property also offers easy access to the beach, community parks, the Amtrak station, public transportation, Highway 1, and Highway 101. Five of the seven units have been updated with updated flooring, countertops, fixtures, and appliances. A recently installed MeterNet water sub-metering system allows the owner to recover water costs from tenants, helping improve operating efficiency. Additional amenities include seven private garages, off-street parking, and a community coin-operated laundry facility. With recent capital improvements, utility cost recovery through water sub-metering, and future rental upside, this property presents an excellent investment opportunity.
Listing provided by: Kevin King DRE #01013696 805-541-5464 kevin.king@svn.com, King Properties
Source: CRMLS, MLS #: SC26150620
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