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Property Description
Welcome to a unique investment opportunity nestled on the captivating Central Coast of California. This versatile 1500 sqft property offers the perfect blend of location, flexibility, and potential, making it an enticing prospect for a investor with residential or commercial aspirations.
The property features a well-designed building with two units, and pull-through garages on both sides that lead to a spacious storage yard at the rear. making this property not only versatile but also functional.
With its cbd mix use development zoning, this property boasts a remarkable array of possibilities. With the potential for single family or multifamily development, or as an owner occupied commercial space to run your business while getting income from the 2nd unit.
Currently leased out, this property presents an excellent investment opportunity with existing rental income to pursue a development while generating income or as a buy and hold investment in a quickly appreciating market.
Full Property Details
Full Property Details for 1361 Longbranch Ave
General
- Status: Closed
- Type: Commercial
- Source: MRMLS
- MLS ID: PI23154714
- Added to Site: 934 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: San Luis Obispo
- Driving Directions: Go south on 14th st and turn right onto longbranch, property will be on right hand side
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 1500
- Square Feet: 1,500
- Year Built: 1976
Lot Features
- Lot Size (Acres): 0.1578
- Useable Acres: .1578
- Lot Size (Sq. Ft.): 6,875
- Lot Size Source: Assessor
- Lot Dimensions: 50 x 137.5
- Lot Features: 0-1 Unit/Acre, Back Yard, Level with Street, Rectangular Lot, Value In Land, Yard
- Lot Description: 0-1 Unit/Acre, Back Yard, Level with Street, Rectangular Lot, Value In Land, Yard
Financial Considerations
- Price Per Sq. Ft.: $340
Disclosures and Reports
- Property ID: 60244024
Listed by Keller Williams Realty Central Coast, JustinMachado and JordanJackson
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Schools
Schools serving 1361 Longbranch Ave
School District:Lucia Mar Unified School District
| Name | Grades | Distance |
|---|---|---|
Grover Beach Elementary School 365 South 10th Street, Grover Beach, CA 93433 | K-6 | 0.2 mi |
Judkins Middle School 680 Wadsworth Street, Pismo Beach, CA 93449 | 7-8 | 2.3 mi |
Arroyo Grande High School 495 Valley Road, Arroyo Grande, CA 93420 | 8-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1361 Longbranch Ave
Date
Details
Price
Change
Source
8/23/2023
Sold
$525,000
—
MLS
8/01/2023
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1361 Longbranch Avenue, Grover Beach, CA 93433 (MLS# PI23154714) is a Commercial property that was sold on August 23, 2023. Want to learn more about 1361 Longbranch Avenue? Do you have questions about finding other Commercial real estate for sale in Grover Beach? You can browse all Grover Beach real estate or contact a Coldwell Banker agent to request more information.

