$617,500
$649,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
5,000 Sqft Lot
SOLD DATE : 05/14/2024
Key Details
Sold Price $617,500
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Grover Beach (330)
MLS Listing ID PI24060688
Sold Date 05/14/24
HOA Y/N No
Year Built 1947
Lot Size 5,000 Sqft
Property Description
Don't miss out on this rare chance to own three beachfront homes, 149, 195 & 195 1/2, just a stone's throw from the water! Nestled in the heart of the Central Business (CB) Zone, this property offers endless potential for savvy investors and developers alike.
While zoned for commercial purposes, this unique property permits the construction of up to two detached accessory dwelling units, thanks to its multi-dwelling unit setup. There is the opportunity to build up to 55 feet high, envision transforming this space into a magnificent five-story building that captures stunning ocean views.
The possibilities are boundless with this prime real estate opportunity. Explore the potential for various uses and developments by consulting Chapter 2 of the development code. Seize this opportunity to make waves in the beachfront property market!
Location
State CA
County San Luis Obispo
Area Grvc - Grover Beach
Zoning CBD
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 060231014
Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Robert Mariani • Mariani Realty
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA