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Jerry Barbanell
Contingent
$1,349,000

881 Manhattan Avenue
Grover Beach, CA 93433

Fourplex
Residential Income
3,468
Sq. Ft.
0.1676
Acre Lot
1of
Photos
Map
Listing Agent: Abel Contreras CalDRE: 02062620 - Invest SLO;
Home> California> Grover Beach> 93433
881 Manhattan Ave is a 4-unit Apartment Building located just backs from the water. This property isuniquely positioned well below the sold and active comparable sales, while generating over $9,100/monthin income. A rare opportunity to acquire a building performing at a 5.5% + cap rate upon acquisition.The 4-units are all comprised of a large 2bed/1ba living areas. Approximately 870 Sq ft units. The propertyis zoned R3 - with enough lot area to build an additional ADU. The lot offers 4 individual parking spaceswith ample parking for the current tenant profile.
PI23138131
Residential Income - Fourplex, 2 Story
1962
San Luis Obispo
0.1676 Acres
Public
2
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Abel Contreras CalDRE: 02062620 - Invest SLO;
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