Arroyo Grande, CA 93420,1191 Fair Oaks Avenue
Arroyo Grande, CA 93420,1191 Fair Oaks Avenue
Arroyo Grande, CA 93420,1191 Fair Oaks Avenue
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$2,550,000
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1191 Fair Oaks Avenue Arroyo Grande, CA 93420

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PI25034031

Bedrooms 2

HOA Y/N No

Lot Size 0.284 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Fantastic investment opportunity for a well located 8 unit apartment complex in Arroyo Grande. Only 4 short blocks to Grand Avenue shopping district, across the street from the Soto Sports Complex and park, just down the street from Harloe Elementary School and very close to both Arroyo Grande High School and Dignity Health Medical Center. Great performing asset with very strong rental history. Rarely available income property in great Central Coast neighborhood. Well maintained property, professionally managed and stable tenants. Each unit includes 2 bedrooms, 1.5 bathrooms, fully equipped eat-in kitchen, private rear patio, one carport parking space and one uncovered on-site parking space. There is abundant street parking as well. Below market rents and on-site laundry facilities provide additional upside for such a rare offering. Ideal 1031 investment. Please Do not disturb Tenants.
Fantastic investment opportunity for a well located 8 unit apartment complex in Arroyo Grande. Only 4 short blocks to Grand Avenue shopping district, across the street from the Soto Sports Complex and park, just down the street from Harloe Elementary School and very close to both Arroyo Grande High School and Dignity Health Medical Center. Great performing asset with very strong rental history. Rarely available income property in great Central Coast neighborhood. Well maintained property, professionally managed and stable tenants. Each unit includes 2 bedrooms, 1.5 bathrooms, fully equipped eat-in kitchen, private rear patio, one carport parking space and one uncovered on-site parking space. There is abundant street parking as well. Below market rents and on-site laundry facilities provide additional upside for such a rare offering. Ideal 1031 investment. Please Do not disturb Tenants.

Location

State CA

County San Luis Obispo

Area Arroyo Grande (93420)

Zoning Seller

Building

Lot Description Corner Lot, Curbs, Sidewalks

Story 2

Level or Stories 2 Story

Others

Acceptable Financing Cash

Listing Terms Cash


San Diego Regional MLS (SDMLS)
Listed by Bryan Friedman • Berkshire Hathaway Home Servic

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Betsy Heller

Broker | License ID: 01074985

+1(858) 583-1413

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1191 Fair Oaks Avenue