316 S Halcyon Road S

    Arroyo Grande, CA 93420
    • $2,421,500
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: PI18149942
    UPDATED: 64 min ago
    $2,421,500
    • 0
      BEDS
    • 0.79
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,776
      SQFT
    • $276
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    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 2018-07-16T07:27:42.85. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.pismohomes.com/homes/84938532

    316 S Halcyon Road S Arroyo Grande, CA 93420

    • Price: $2,421,500
    • Status: Active
    • Updated: 64 min ago
    • ID#: PI18149942
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.79
    Acres
    8,776
    SQFT
    $276
    $/SQFT
    2015
    Built
    Neighborhood:
    ARRG - Arroyo Grande
    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

    Lot Features 6-10 Units/AcreLot 20000-39999 SqftYard Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Heating Wall HeaterNatural Gas Heating YN Yes Laundry Features Gas Dryer HookupWasher Hookup Office Class B

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Electric Expense 1.00 Gross Scheduled Income 113088.00 Insurance Expense 2100.00 Land Lease YN No Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 92771.00 Occupancy Occupied Operating Expense 20317.00 Professional Management Expense 0.00 Property Sub Type Multi Family Retail Center Type Mixed Use Special Listing Conditions Standard Total Expenses 20317.00 Trash Expense 1416.00 Water Sewer Expense 4200.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Paul Masters of Home Masters Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-16T07:27:42.85. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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