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Cindy Blankenburg

Blankenburg Properties

Arroyo Grande, CA 93420

805-481-1019
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Listing 4 out of 48
$1,075,000 Active Under Contract

581 Manhattan Avenue
Grover Beach, CA 93433

4 units | Multi Family Home
6852 sq ft - MLS# SP19082054
Property Photo
1/9

Description

4 Plex in Grover Beach has been well maintained by current owner. Low vacancy with many long time tenants makes this a great investment property. 4 Townhome units with living downstairs and bedrooms upstairs. Many upgrades over the past several years including a some new windows, new carpet, flooring, new bathroom cabinets, window coverings and paint. Nicely landscaped and each unit has it's own one car garage and a storage unit. Coin operated Laundry room available for all tenants use. Located close to local Grover Beach businesses and not far from the Grand Ave. entrance to Pismo Beach and all activities. Bring in your investment and exchange clients today.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active Under Contract
  • Zip Code: 93433
  • Year Built: 1973
  • Subdivision/Neighborhood: Grover Beach (330)
  • Units: 4 units
  • # of Parking Spaces: 7.00
  • Lot Size: 6852 sq ft
  • Waterfront: Ocean Side of Freeway
  • Zoning: R3
  • Area: GRVC - Grover Beach
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3700.00
  • Building Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Community Features: Curbs
  • Country: US
  • Directions: Grand to So. 6th St. Take 6th to Manhattan. Right on Manhattan. Units are on your right. No Sign
  • Electric Expense: 135.00
  • Fence YN: Yes
  • Fencing: Wood
  • Flooring: Carpet, Laminate, Vinyl
  • Garage Spaces: 4.00
  • Gross Income: 73038.00
  • Gross Scheduled Income: 73038.00
  • Heating: Wall Furnace
  • Heating YN: Yes
  • Inclusions: all appliances including coin operated washer/dryer in laundry room.
  • Insurance Expense: 1127.00
  • Laundry Equipment Own Lease: Own
  • Laundry Features: Common Area
  • Laundry Income: 2030.00
  • Laundry YN: Yes
  • Listing Agent License: 00829452
  • Listing Office License: 01465507
  • Lot Features: 2-5 Units/Acre
  • Lot Size Area: 6850.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 22202.00
  • New Taxes Expense: 9778.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 22202.00
  • Other Expense: 6756.00
  • Other Expense Description: repairs
  • Property Attached YN: Yes
  • Property Condition: Turnkey
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Room Type: All Bedrooms Up
  • Sewer: Public Sewer
  • Total Expenses: 22202.00
  • Trash Expense: 1080.00
  • Uncovered Spaces: 3.00
  • Water Sewer Expense: 2916.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Richardson Properties, Cheryl Priolo

Blankenburg Properties
127 E. Branch St
Arroyo Grande, CA 93420
Phone: 805-481-1019
Email: marketing@cindyblankenburg.com

Testimonials

Cindy is very knowledgeable about real estate laws and local practices. She is proactive with marketing the property and has major connections in the community. We have enjoyed working with Cindy to sell our home in Nipomo. rudyebe1
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