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Jerry Barbanell

881 Manhattan Avenue
Grover Beach, CA 93433

Residential Income
Sq. Ft.
Acre Lot
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.
Residential Income - Fourplex, 2 Story
San Luis Obispo
0.1676 Acres
Public Sewer
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

Walk Score

Transit Score

Bike Score

Listing Agent: Abel Contreras CalDRE: 02062620 - Invest SLO;
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Based on information from CRISNet MLS as of 12/1/2023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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