Sold for $2,650,000 on May 31, 2024
Rare opportunity to purchase a large mult-family investment property on the Central Coast. The property has 13 units and consists of an older 3 bed/1 bath home, a 4 plex and an 8 plex. The 4 plex has four 2 bed/2 bath units. The larger 8 plex has four 2 bed/2 bath units and four 1 bed/1 bath units. New windows were installed in the 4 plex and 8 plex in 2023-2024. Other recent improvements are as follows: exterior paint and new roofing (2018). The property has professional management in place. The complex has enjoyed a limited turnover of tenants. There is a common laundry area. The property is well maintained and a turnkey investment.
Sold in 5 days at 99.8% of asking
Listed by Dennis Allan with Allan Real Estate Investments (805) 473-7500
Property Type
Single Family Residence
Status
Closed
Sold On
May 31, 2024
MLS Number
PI24086305
Year Built
1970
Lot Size
0.46 acres
