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Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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County
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Area
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School Ratings & Info

Description

Total of 11 bedrooms and 9 bathrooms. Arroyo Grande (Multi-Residential & Commercial Property) arrives! 5 residences w/three houses, one duplex WITH A BRAND NEW PERMITTED THIRD BEDROOM AND BATHROOM, AND A NEWLY ADDED TWO STORY DREAM BUSINESS STRUCTURE BUILDING FOR TWO BUSINESSES. Separately gas & electric metered. Property includes a large rented shed-barn structure which generates income for storage. Work your business while rentals subsidize cash flow Includes new built / remodeled buildings, homes & more. Improvements beyond fabulous and strategically located across from Arroyo Grande Community Hospital. Please refer to the attachment for future build-outs of duplex, and a medical facility where the eastern-most home currently exists. Total of 24 parking spaces on the property 4 covered. 1 of 5 homes has 3 bdrms 2 baths; one has 2 bdrm w/ 2 baths; 3 of the 5 homes features 2 bdrms 1 baths. All in excellent condition. THE BUSINESS / COMMERCIAL PORTION FEATURES TWO PREMIUM BUSINESS SPACES NEWLY BUILT W 2810 ADDITIONAL SF. Total Currently rented for $10805 per month. The total (8) structures & all are rented with long-term renters at below market values. Possible medical office space, & existing plans for a new two story duplex included with the sale. All residential units 312,316,320,324 & 328 have washer/dryer hookups gas and electric. This parcel indeed has LOCATION, LOCATION! Guide your agent to write up your offer. Perfect landing for 1031 tax-exchange!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T00:28:42.52. 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 deemed reliable but is not guaranteed accurate by the MLS or Zutila, Inc.. Licensed in the State of California, USA.
www.myorangecountyhomesearcher.com/homes/114091405
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316 S Halcyon Road S Arroyo Grande, CA 93420

  • Price: $2,599,000
  • Status: Active
  • ID#: PI21027540
0
Beds
0
Baths
0
½ Baths
0.79
Acres
8,776
SQFT
$296
$/SQFT
2015
Built
Neighborhood:
ARRG - Arroyo Grande
County:
San Luis Obispo
Area:
ARRG - Arroyo Grande
Property Description
Total of 11 bedrooms and 9 bathrooms. Arroyo Grande (Multi-Residential & Commercial Property) arrives! 5 residences w/three houses, one duplex WITH A BRAND NEW PERMITTED THIRD BEDROOM AND BATHROOM, AND A NEWLY ADDED TWO STORY DREAM BUSINESS STRUCTURE BUILDING FOR TWO BUSINESSES. Separately gas & electric metered. Property includes a large rented shed-barn structure which generates income for storage. Work your business while rentals subsidize cash flow Includes new built / remodeled buildings, homes & more. Improvements beyond fabulous and strategically located across from Arroyo Grande Community Hospital. Please refer to the attachment for future build-outs of duplex, and a medical facility where the eastern-most home currently exists. Total of 24 parking spaces on the property 4 covered. 1 of 5 homes has 3 bdrms 2 baths; one has 2 bdrm w/ 2 baths; 3 of the 5 homes features 2 bdrms 1 baths. All in excellent condition. THE BUSINESS / COMMERCIAL PORTION FEATURES TWO PREMIUM BUSINESS SPACES NEWLY BUILT W 2810 ADDITIONAL SF. Total Currently rented for $10805 per month. The total (8) structures & all are rented with long-term renters at below market values. Possible medical office space, & existing plans for a new two story duplex included with the sale. All residential units 312,316,320,324 & 328 have washer/dryer hookups gas and electric. This parcel indeed has LOCATION, LOCATION! Guide your agent to write up your offer. Perfect landing for 1031 tax-exchange!
Exterior Features

Lot Features Yard Sign On Property YN No

Interior Features

Heating Natural GasWall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest Planned Development Current Financing Government Loan Electric Expense 1 Gross Scheduled Income 129660 Insurance Expense 3270 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalContractLease BackOwner Will Carry Net Operating Income 106294 Operating Expense 20317 Other Expense 14480 Property Sub Type Mixed Use Special Listing Conditions Standard Trash Expense 1416 Water Sewer Expense 4200 Water Source Public

Listing provided courtesy of Paul Masters of Home Masters Realty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T00:28:42.52. 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 deemed reliable but is not guaranteed accurate by the MLS or Zutila, Inc.. Licensed in the State of California, USA.
 
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