1191 Fair Oaks Avenue

Arroyo Grande, CA 93420

  • 0 Bed(s)
  • 0 Bath(s)
  • 6,185 Sqft
  • 12371
    Sqft(Lot)
$2,550,000

Description

Fantastic investment opportunity for a well located 8 unit apartment complex in arroyo grande. only 4 short blocks to grand avenue shopping district, across the street from the soto sports complex and park, just down the street from harloe elementary school and very close to both arroyo grande high school and dignity health medical center. great performing asset with very strong rental history. rarely available income property in great central coast neighborhood. well maintained property, professionally managed and stable tenants. each unit includes 2 bedrooms, 1.5 bathrooms, fully equipped eat-in kitchen, private rear patio, one carport parking space and one uncovered on-site parking space. there is abundant street parking as well. below market rents and on-site laundry facilities provide additional upside for such a rare offering. ideal 1031 investment. please do not disturb tenants.

  • Property Type

    Residential Income

  • County

    San Luis Obispo

  • Style

    Residential Income

  • AD ID

    48629562

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: All Bedrooms Up
    • Property Appliances: Gas Range,Gas Water Heater
    • Fireplace: Bath,Kitchen,Living Room
    • Flooring: Carpet,Laminate

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: Bath,Kitchen,Living Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1984
    • Building Area Total: 6,185

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.284
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 12371

  • Listing Price Information

    • Original List Price: 2,550,000
    • Listing Contract Date: 2025-02-14

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 077272052

  • Garage and Parking

    • Garage Description: Carport,On Site,Paved

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: AG-West of Hwy 101
    • Directions: NE Corner of South Elm Street and Fair Oaks Avenue
    • Zoning: R3
    • Source Property Type: Residential Income
    • Area: AG-West of Hwy 101
    • Property SubType: Mixed Use

    Building and Construction

    • Property Age: 41
    • Common Walls: 2+ Common Walls
    • Structure Type: Mixed Use
    • Year Built Source: Owner
    • Entry Level: 1
    • Entry Location: Ground Level
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 02/22/2025 @ 17:34

  • MLS: PI25034031
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 6,185 sqft, 12,371 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Arroyo Grande , in zip code 93420, this San Luis Obispo County Home are nearby neighborhoods.