4 Beds
4 Baths
2,060 SqFt
4 Beds
4 Baths
2,060 SqFt
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,060 sqft
Price per Sqft $727
Subdivision West Of 101(1000)
MLS Listing ID PI26063326
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1955
Lot Size 0.498 Acres
Property Sub-Type Mixed Use
Property Description
The back 1/4-acre of the property feels like it could be its own lot, and largely represents a blank slate for the new owner. Currently it includes a large gravel parking area and a small bonus structure with wrap around lanai. There are RV hookups and a large yard with lots of storage. The top part of the property has ground level ocean views and could potentially be built out with a new single family home or multiple additional rental units. Seller says 3 ADUs at back of property are doable vs building a large multi-family structure (buyer to confirm with city). Alternatively the back 1/2 of the property could be utilized to support one's business ventures, by building a shop or storing equipment, as the zoning allows for many potential uses in addition to the existing residences. This is a must see to appreciate kind of property! The back half is set back far enough from Grand Ave that you actually get a great sense of quite, peacefulness and privacy while maintaining the central in-town feel and convenience. One could potentially come setup their RV and build a downtown ocean-view primary home in the back while letting the existing cash-flowing rentals in the front pay the mortgage bill.
Location
State CA
County San Luis Obispo
Area Arrg - Arroyo Grande
Zoning GC
Rooms
Main Level Bedrooms 4
Interior
Interior Features All Bedrooms Down
Cooling None
Fireplaces Type None
Fireplace No
Laundry Laundry Room, Stacked
Exterior
Fence Chain Link, Wood
Pool None
Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks
View Y/N Yes
View Ocean
Roof Type Composition
Private Pool No
Building
Lot Description Garden, Gentle Sloping, Rectangular Lot
Dwelling Type Mixed Use
Story 1
Entry Level One
Sewer Public Sewer
Water Public, See Remarks
Level or Stories One
New Construction No
Schools
School District Lucia Mar Unified
Others
Senior Community No
Tax ID 077101020
Acceptable Financing Cash to New Loan, Conventional
Listing Terms Cash to New Loan, Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
REVIEWS
MORTGAGE CALCULATOR
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