Sign In or Sign Up!
PMZ.com Real Estate
close

$5,250,000

Available Now!

1173 Fair Oaks Ave, Arroyo Grande, CA 93420

1173 Fair Oaks Ave, Arroyo Grande, CA 93420

28 total units   |  20 - 1 Bedrooms   |  8 - 2 Bedrooms

Photo
Photo Photo Photo Photo

Add to Saved Folder Add to Saved folder

Add to Rejected Folder Add to Rejected folder

Print Flyer Print a flyer

Share this property:

Share this property via email Email to a friend

Monthly Payment Calculator
Year:
Interest Rate*:
Down Payment:
Monthly Payment: Loading...
 

Get Pre-approved

*Calculations for comparison purposes only. Total does not factor property taxes or insurance.

Description

The property consists of 5 buildings, each two story with wood frame and stucco construction. The property has been well maintained and has had recent improvements to both the exterior and interiors. The individual units are well sized with one bedroom and two bedroom units. Common areas include storage, a swimming pool, laundry facility, and a stand alone leasing office. There is abundant off street parking both covered and uncovered. The property includes a greenbelt at rear of property, with potential for additional units. Owner had approved plans for an additional 8 units on back greenbelt, laundry room expansion, and hot tub installation (Plans need update, use permit expired). The property is conveniently located near parks, schools, major retail, and employment. Rents are being raised substantially on turned over units, but there is still significant upside in rents. Selling at $187, 500 per unit where single family homes in the neighborhood are selling above $500, 000.

Details

  • Built in 1980
  • 2 Stories
  • Multi-family
  • Style: Unknown
  • San Luis Obispo County
No Unit Information Available

$5,250,000

Available Now! -

MLS ID# 1067816

Listing Provided by

Kevin King
King Properties


Hosted by PMZ Real Estate

(877) 565-2010

Get more info or schedule a showing

        

Question or comment

No spam. No pressure.

PMZ Sign
http://www.scenicoaks.com
Old Republic
American Home Shield
 
 
Kevin King
King Properties


Hosted by PMZ Real Estate

(877) 565-2010

Get more info or schedule a showing
     

Question or comment

34:180
MLS#: 1067816
Listing Office: King Properties
Listing Agent: Kevin King
Last Updated: 06/10/2016 10:59am
Information obtained from CCRMLS.
Based on information from Central Coast Regional Multiple Listing Service as of 06/10/2016 10:59am. 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.
Information provided by seller/other sources, not verified by broker.
All interested persons should independently verify accuracy of all information.
eho
Property Views: 34
Days on Market: 180

Our Service Providers

 
  • ScenicOaks Funding
  • PMZ Commercial
  • PMZ Agricultural
  • American Home Shield
  • Old Republic Home Protection
  • River Oaks Insurance
  • Leading Real Estate Companies of the World
  • Go Greenhart
  • Valley NHD

We Have 27 Locations to Serve You

 
Ceres Don Pedro Escalon Fremont Gustine Hilmar
Ione Jackson Lockeford Lodi - North Lodi - South Manteca
Merced Los Banos Modesto - Orangeburg Modesto - Carpenter Modesto - Scenic Newman
Oakdale Paso Robles Pleasanton Ripon Sonora Stockton
Tracy Turlock - Fulkerth Turlock - Geer Customer Care