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Key Details
Sold Price $4,040,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID SW19035959
Sold Date 04/22/19
HOA Y/N No
Year Built 1971
Lot Size 0.682 Acres
Property Description
This property features 6 duplex style buildings which encompass twelve 3 bedroom, 1.5 bath units. Well maintained property owned and operated since its construction by a long time San Luis Obispo county family. In appreciation for long term tenancies, Seller has chosen to keep rents slightly below market which will allow an investor to maximize future rental income. Each two story unit includes a first level indoor laundry area with washer and electric dryer hookups and storage cabinetry and 1/2 bath. Living room includes a sliding glass door to the balcony. The kitchen and dining area complete the first story. The kitchen includes solid surface countertops, cabinetry, range, dishwasher and pantry. All three bedrooms, coat closet, linen cabinetry storage and the full bath are located upstairs.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning R2
Interior
Interior Features All Bedrooms Up
Heating Electric, Radiant
Cooling None
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Inside
Exterior
Pool None
Community Features Curbs, Gutter(s), Street Lights
Utilities Available Natural Gas Not Available
Total Parking Spaces 29
Private Pool No
Building
Lot Description Landscaped
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 004601075
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Anthony Aurignac • Aurignac & Associates
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