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    316 S Halcyon Road S

    Arroyo Grande, CA 93420
    • $2,599,000
    • STATUS: Active
    • ON SITE: 230 days
    • ID#: PI21027619
    UPDATED: 8 min ago
    $2,599,000
    • 0
      BEDS
    • 0.79
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,776
      SQFT
    • $296
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2015
    County:

    School Ratings & Info

    Description

    Total of 11 bedrooms and 9 bathrooms. Arroyo Grande (Multi-Residential & Commercial Property) arrives! 5 residences w/three houses, one duplex WITH A BRAND NEW PERMITTED THIRD BEDROOM AND BATHROOM, AND A NEWLY ADDED TWO STORY DREAM BUSINESS STRUCTURE BUILDING FOR TWO BUSINESSES. Separately gas & electric metered. Property includes a large rented shed-barn structure which generates income for storage. Work your business while rentals subsidize cash flow Includes new built / remodeled buildings, homes & more. Improvements beyond fabulous and strategically located across from Arroyo Grande Community Hospital. Please refer to the attachment for future build-outs of duplex, and a medical facility where the eastern-most home currently exists. Total of 24 parking spaces on the property 4 covered. 1 of 5 homes has 3 bdrms 2 baths; one has 2 bdrm w/ 2 baths; 3 of the 5 homes features 2 bdrms 1 baths. All in excellent condition. THE BUSINESS / COMMERCIAL PORTION FEATURES TWO PREMIUM BUSINESS SPACES NEWLY BUILT W 2810 ADDITIONAL SF. Total Currently rented for $10805 per month. The total (8) structures & all are rented with long-term renters at below market values. Possible medical office space, & existing plans for a new two story duplex included with the sale. All residential units 312,316,320,324 & 328 have washer/dryer hookups gas and electric. This parcel indeed has LOCATION, LOCATION! Guide your agent to write up your offer. Perfect landing for 1031 tax-exchange!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-28T13:32:08.203. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
    www.searchwithcompass.com/homes/114091376
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    316 S Halcyon Road S Arroyo Grande, CA 93420

    • Price: $2,599,000
    • Status: Active
    • Updated: 8 min ago
    • ID#: PI21027619
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.79
    Acres
    8,776
    SQFT
    $296
    $/SQFT
    2015
    Built
    Neighborhood:
    West Of 101(1000)
    County:
    San Luis Obispo
    Area:
    ARRG - Arroyo Grande
    Property Description
    Total of 11 bedrooms and 9 bathrooms. Arroyo Grande (Multi-Residential & Commercial Property) arrives! 5 residences w/three houses, one duplex WITH A BRAND NEW PERMITTED THIRD BEDROOM AND BATHROOM, AND A NEWLY ADDED TWO STORY DREAM BUSINESS STRUCTURE BUILDING FOR TWO BUSINESSES. Separately gas & electric metered. Property includes a large rented shed-barn structure which generates income for storage. Work your business while rentals subsidize cash flow Includes new built / remodeled buildings, homes & more. Improvements beyond fabulous and strategically located across from Arroyo Grande Community Hospital. Please refer to the attachment for future build-outs of duplex, and a medical facility where the eastern-most home currently exists. Total of 24 parking spaces on the property 4 covered. 1 of 5 homes has 3 bdrms 2 baths; one has 2 bdrm w/ 2 baths; 3 of the 5 homes features 2 bdrms 1 baths. All in excellent condition. THE BUSINESS / COMMERCIAL PORTION FEATURES TWO PREMIUM BUSINESS SPACES NEWLY BUILT W 2810 ADDITIONAL SF. Total Currently rented for $10805 per month. The total (8) structures & all are rented with long-term renters at below market values. Possible medical office space, & existing plans for a new two story duplex included with the sale. All residential units 312,316,320,324 & 328 have washer/dryer hookups gas and electric. This parcel indeed has LOCATION, LOCATION! Guide your agent to write up your offer. Perfect landing for 1031 tax-exchange!
    Exterior Features

    Lot Features 6-10 Units/AcreYard Number Of Separate Electric Meters 6 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 1 Common Wall Heating Natural GasWall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Common Interest None Community Features Street Lights Current Financing Government Loan Electric Expense 1 Fuel Expense 0 Garage YN Yes Gross Income 126469 Gross Scheduled Income 129660 Insurance Expense 3270 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalContractLease BackOwner Will Carry Net Operating Income 106294 New Construction YN No New Taxes Expense 28000 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 2 Operating Expense 20317 Other Expense 14480 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1416 Water Sewer Expense 4200 Water Source Public

    Listing provided courtesy of Paul Masters of Home Masters Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-28T13:32:08.203. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
     
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    Brandon Hobbs Group | Compass
    341 Bayside Drive
    Newport Beach CA, 92660