$2,700,000
$2,999,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
5,377 SqFt
SOLD DATE : 04/08/2016
Key Details
Sold Price $2,700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,377 sqft
Price per Sqft $502
Subdivision Avila Beach(320)
MLS Listing ID SP1061569
Sold Date 04/08/16
HOA Y/N No
Year Built 1979
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Marketing Remarks: Location location LOCATION! Come see this rare multilevel oceanfront beach estate with 3 separate units! Great opportunity for someone who wants to live in the main residence and rent out the other two for the extra income. All three units have panoramic views of the ocean, quirky fireplaces, & sun rooms in which you can hear the waves crash and watch the sunsets as you relax. Unit A is a 2500 sq/ft 3 bedroom 2 bath with an gorgeous large front patio that includes a spa and plenty of space to entertain currently rented for $3500/mo. Unit B is 1700 sq/ft 3 bedroom 1.25 bath on two levels currently rented out for $2150/mo. Unit C is a 1400 sq/ft 2 bedroom 2 bath single level currently rented for $2,045. As Is the Property Brings in a in a total $7,695 in monthly rent. Compared with recent sales at close to $1000 per sq/ft in Avila this is by far the best opportunity. Don't miss out on the chance to own the BEST lot in Avila walking distance to downtown, restaurants, shops, and fun!
Location
State CA
County San Luis Obispo
Area Avil - Avila Beach
Zoning DPLXTRI,RMF
Interior
Interior Features Storage
Heating WallFurnace
Cooling None
Fireplace No
Exterior
Garage OnSite, OnStreet
Community Features Curbs, StreetLights
Utilities Available CableAvailable, PhoneConnected
Waterfront Description OceanFront
Roof Type Flat,Shingle
Parking Type OnSite, OnStreet
Building
Lot Description SlopedDown, Paved
Story ThreeOrMore
Entry Level ThreeOrMore
Foundation Block
Level or Stories ThreeOrMore
Others
Tax ID 076224019
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Financing Cash
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Bought with Linda Wilson • Wilson & Co. Sotheby's Interna
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "