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$11,300,000

Available Now!

120 240 Spring, Paso Robles, CA 93446

120 240 Spring, Paso Robles, CA 93446

54 total units   |  8 - 1 Bedrooms   |  42 - 2 Bedrooms   |  4 - 3 Bedrooms

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Description

The Grandview Apartments in Paso Robles offer an investor the rare opportunity to add value to a sizable asset in a premiere California inland coastal location. The 54-unit property in 6 garden-style buildings, is prominently situated on a 2.8-acre parcel at Paso Robles ''gateway'' entry corner. Unit mix 42 x 2/1, 8 x 1/1, 4 x 3/1. Flexible TC-2 zoning allows for creative value-add possibilities. The complex is surrounded by new commercial development and is a few blocks to charming downtown Paso Robles. Take advantage of this top location within one of California's most desirable tourist destinations to profitably re-position for a higher cap rate for the long term, or consider the favorable zoning as an avenue for a major transformation.

Details

  • Built in 1953
  • 2 Stories
  • Multi-family
  • Style: Unknown
  • San Luis Obispo County
No Unit Information Available

$11,300,000

Available Now! -

MLS ID# 1071576

Listing Provided by

Ken Switzer
Berkshire Hathaway HomeServices California Properties


Hosted by PMZ Real Estate

(877) 565-2010

Get more info or schedule a showing

        

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Ken Switzer
Berkshire Hathaway HomeServices California Properties


Hosted by PMZ Real Estate

(877) 565-2010

Get more info or schedule a showing
     

Question or comment

13:71
MLS#: 1071576
Listing Office: Berkshire Hathaway HomeServices California Properties
Listing Agent: Ken Switzer
Last Updated: 09/26/2016 9:04pm
Information obtained from CCRMLS.
Based on information from Central Coast Regional Multiple Listing Service as of 09/26/2016 9:04pm. 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: 13
Days on Market: 71

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