316 S Halcyon Road S

    Arroyo Grande, CA 93420
    • $2,421,500
    • STATUS: Active
    • ON SITE: 145 days
    • ID#: PI18145959
    UPDATED: 35 min ago
    $2,421,500
    • 0
      BEDS
    • 0.79
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,776
      SQFT
    • $276
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2015
    County:

    School Ratings & Info

    Description

    Total of 8 rental properties including shed/barn structure which generates income for storage. Arroyo Grande (Multi-Residential & Commercial Property) arrives! 5 residences w/three houses, one duplex, & A NEWLY ADDED TWO STORY DREAM BUSINESS STRUCTURE BUILDING FOR TWO BUSINESSES. Separately gas & electric metered. Work your business while rentals subsidize cash flow Includes new buiilt / remodeled buildings, homes & more. Improvements remain 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; four covered. Four of the five homes featuring 2 bdrms & 1 bths, the fifth home has 2 bathrooms. All kept in excellent condition. THE BUSINESS / COMMERCIAL PORTION FEATURES TWO PREMIUM BUSINESS SPACES NEWLY BUILT W 2810 ADDITIONAL SF. Total Currently rented for $9424 per month. The total (eight) 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. A lot-split is in the works. All residential units 312,316,320,324 & 328 have washer/dryer hookups gas and electric. Great location! Remember what Mom & Warren Buffet always say: LOCATION, LOCATION, LOCATION! What are you waiting for? Have your agent, write up a complete offer. Perfect landing for a tax-exchange

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T20:34:39.68. 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. Licensed in the State of California, USA.
    www.pismohomes.com/homes/84930774

    316 S Halcyon Road S Arroyo Grande, CA 93420

    • Price: $2,421,500
    • Status: Active
    • Updated: 35 min ago
    • ID#: PI18145959
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.79
    Acres
    8,776
    SQFT
    $276
    $/SQFT
    2015
    Built
    Neighborhood:
    West Of 101(1000)
    County:
    San Luis Obispo
    Area:
    ARRG - Arroyo Grande
    Property Description
    Total of 8 rental properties including shed/barn structure which generates income for storage. Arroyo Grande (Multi-Residential & Commercial Property) arrives! 5 residences w/three houses, one duplex, & A NEWLY ADDED TWO STORY DREAM BUSINESS STRUCTURE BUILDING FOR TWO BUSINESSES. Separately gas & electric metered. Work your business while rentals subsidize cash flow Includes new buiilt / remodeled buildings, homes & more. Improvements remain 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; four covered. Four of the five homes featuring 2 bdrms & 1 bths, the fifth home has 2 bathrooms. All kept in excellent condition. THE BUSINESS / COMMERCIAL PORTION FEATURES TWO PREMIUM BUSINESS SPACES NEWLY BUILT W 2810 ADDITIONAL SF. Total Currently rented for $9424 per month. The total (eight) 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. A lot-split is in the works. All residential units 312,316,320,324 & 328 have washer/dryer hookups gas and electric. Great location! Remember what Mom & Warren Buffet always say: LOCATION, LOCATION, LOCATION! What are you waiting for? Have your agent, write up a complete offer. Perfect landing for a tax-exchange
    Exterior Features

    Garage Spaces 4.00 Lot Features 6-10 Units/AcreLot 20000-39999 SqftYard Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Heating Wall HeaterNatural Gas Heating YN Yes Laundry Features Gas Dryer HookupWasher Hookup Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Street Lighting Country Us Electric Expense 1.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 113088.00 Gross Scheduled Income 113088.00 Insurance Expense 2100.00 Land Lease YN No Laundry YN Yes Net Operating Income 92771.00 New Construction YN No New Taxes Expense 12600.00 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 2 Operating Expense 20317.00 Professional Management Expense 0.00 Property Sub Type Commercial/Residential Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other West Of 101(1000) Total Expenses 20317.00 Trash Expense 1416.00 Water Sewer Expense 4200.00 Water Source Public Year Built Source Assessor Zoning O

    Listing provided courtesy of Paul Masters of Home Masters Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T20:34:39.68. 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. Licensed in the State of California, USA.
     
    Pismo Beach Homes Team | Keller Williams Realty Central Coast
    350 James Way
    Pismo Beach CA, 93449