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Key Details
Sold Price $1,330,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Strand (530)
MLS Listing ID SC18292315
Sold Date 07/30/21
HOA Y/N No
Year Built 1960
Lot Size 6,534 Sqft
Property Description
Ready to sell 4-Plex- Get it while you can! Vacation Rental License for 1 unit. Major Head to Toe Renovation on this Panoramic Ocean View 4 Plex!!! (3) Two Bedrooms and Studio. Top 2 Units have excellent views! This is a very flexible investment opportunity to park some 1031 $$$. ALL units have been upgraded in some manor, everything resurfaced, three carports were enclosed to garages, and overall functionality brought back to the property! Property is on a Corner Lot with Side Street access for garages and extra parking. Location for a Vacation Rental is great! Just down the street is a traffic light crossing to the beach! A large Two Bedroom Unit to the South is the premiere Unit, Wide and Open with View Deck. The North Unit Offers similar Views! The Lower Two Bedroom is more a private unit with large porch and faces the back yard. There is a front Studio Apt with enclosed private outdoor space. All the Two Bedrooms have interior Laundry. In between the units are two community rooms or additional storage areas ($$$). The yard space offers plenty of room for community gardening or as seen fit. Two large storage sheds are also included. Seldom does a property with these views and income producing functionality come to market! Get some income and enjoy Cayucos!
Location
State CA
County San Luis Obispo
Area Cayu - Cayucos
Zoning RMF
Rooms
Other Rooms Shed(s)
Interior
Cooling None
Flooring Carpet
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Parking Features Driveway, Garage, RV Potential
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Preserve/Public Land
Utilities Available Sewer Not Available
View Y/N Yes
View Ocean
Total Parking Spaces 3
Private Pool No
Building
Lot Description Corner Lot
Story Two
Entry Level Two
Sewer Public Sewer, None
Water Public
Level or Stories Two
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 064414028
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Kourtney Audibert • Paramount Properties
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960