Grover Beach, CA 93433,153 N 16th Street
$1,350,000
Est. payment /mo
$1,600,000
15.6%
Est.Price: ?

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4,146 SqFt
SOLD DATE : 02/19/2024

Key Details

Sold Price $1,350,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 4,146 sqft

Price per Sqft $325

MLS Listing ID CRSC24010913

Sold Date 02/19/24

HOA Y/N No

Year Built 1976

Lot Size 9,627 Sqft

Acres 0.22

Property Description

5-unit property (153-173 N 16th) in good Nth Grover location, one block up from Grand Ave, near all the conveniences such as grocery and drug stores, restaurants, and public transportation. The living areas total 4,146 square feet, lot is 10,230 SqFt and zoned R2, additionally there is 400 SqFt 2-car garage and an 800 SqFt 4-car carport. There is a small coin operated laundry room in the carport area. Property consists of Four 2-bedroom units and one 1-bedroom units. There are three sperate dwellings, two small houses and a triplex. The two upstairs units in the triplex boast great views. Originally a 6-unit property, the back house was converted to a larger 2/1.5 unit from a 2/1 and a studio. The rents are substantially below market and one unit has been owner occupied. Once rents are stabilized and the owners unit rented the projected gross should be approx $117,500. This income property is hallway between SF and LA. Grover is a coastal city that lies along the Pacific Ocean, with sandy beaches, dunes, and a picturesque shoreline. The town is known for its laid-back atmosphere, oceanfront parks, and charming beachfront community. The vibrant pier, local shops, and palm-lined streets add to the coastal charm. The climate is pleasantly moderate, with cool ocean breezes and stunni

Location

State CA

County San Luis Obispo

Area Listing

Zoning R2

Interior

Heating Wall Furnace

Cooling None

Flooring Vinyl, Carpet, Wood

Fireplace No

Laundry Community Facility

Exterior

View Y/N true

View Other

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 060251010

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Bridge MLS
Listed by Kevin King • King Properties
Bought with AnthonyAurignac

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Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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