228 W Grand Avenue, Grover Beach, CA 93433

$6,990,000
24,944
SqFt
List Price
$6,990,000
Status
ACTIVE
MLS#
SP19124004
Year Built
2004
Living Sq. Ft
24,944
Lot Size
40,075
Acres
0.92
Lot Location
Level with Street, Irregular Lot, Near Public Transit
Days on Market
34
Property Type
Multifamily
Property Sub Type
Commercial/Residential
Stories
Three Or More Levels
Neighborhood
North Grover Beach(350)

Property Description

Unique investment opportunity! 22 separate units including 7 Commercial and 15 Residential. Zoned for vacation rentals with the potential to split into condos. Located just a few minutes from the beach and public transportation. Consisting of ten 2 bedroom units, three 1 bedroom, one 3 bedroom and one 4 bedroom unit. Various floor plans, some with office space, one unit has it's own laundry room, plus a shared coin-op laundry and most units have decks with ocean views. Also included with the commercial units are 3 garages and a patio. All units are currently leased at $38,129 per month per the rent roll. Great location next to the train station, walking distance to restaurants, and just minutes to the beach! These kind of properties do not come up for sale often, don't let this opportunity pass you by!

Additional Information

Tract Number
121.02
Lot Description
Curbs, Gutters, Sidewalks, Street Lights
Pool Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Total Number of Units
22

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Hal Sweasey from RE/MAX Del Oro

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.