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153 N 16th Street, Grover Beach, CA 93433
$1,350,000
153 N 16th Street, Grover Beach, CA 93433View this property at 153 N 16th Street, Grover Beach, CA 93433
153 N 16th StreetGrover BeachCA93433
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Property Description
5-unit property (153-173 N 16th) in good Nth Grover location, one block up from Grand Ave, near all the conveniences such as grocery and drug stores, restaurants, and public transportation. The living areas total 4,146 square feet, lot is 10,230 SqFt and zoned R2, additionally there is 400 SqFt 2-car garage and an 800 SqFt 4-car carport. There is a small coin operated laundry room in the carport area. Property consists of Four 2-bedroom units and one 1-bedroom units. There are three sperate dwellings, two small houses and a triplex. The two upstairs units in the triplex boast great views. Originally a 6-unit property, the back house was converted to a larger 2/1.5 unit from a 2/1 and a studio. The rents are substantially below market and one unit has been owner occupied. Once rents are stabilized and the owners unit rented the projected gross should be approx $117,500. This income property is hallway between SF and LA. Grover is a coastal city that lies along the Pacific Ocean, with sandy beaches, dunes, and a picturesque shoreline. The town is known for its laid-back atmosphere, oceanfront parks, and charming beachfront community. The vibrant pier, local shops, and palm-lined streets add to the coastal charm. The climate is pleasantly moderate, with cool ocean breezes and stunning sunsets over the water. Rare opportunity to purchase an income property that will be an excellent long term investment.
Full Property Details
Full Property Details for 153 N 16th St
General
- Sold For: $1,350,000
- Status: Closed
- Type: Multi-Family
- MLS ID: SC24010913
- Added to Site: 115 day(s) ago
Interior
- Interior Features: Balcony
- Fireplace(s): Living Room
- Flooring: Carpet, Vinyl, Wood
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
Location
- Area: GRVC - Grover Beach
- County: San Luis Obispo
- Development Name: GRVC - Grover Beach
- Driving Directions: Grand Ave to 16th
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Roof: Composition
- Entry Location: Front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,146
- Year Built: 1976
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: Dunes, Bluff, Courtyard
- Lot Size (Acres): 0.221
- Lot Size Source: Appraiser
- Zoning: R2
- Lot Description: 16-20 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $325.62
- Price Per Unit: 320000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by King Properties, Kevin King
Sold by Venture Real Estate, Anthony Aurignac
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Schools
Schools serving 153 N 16th St
School District:Lucia Mar Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
770 N 8th St, Grover Beach, CA 93433 | K-6 | 0.7 mi | |
680 Wadsworth Ave, Pismo Beach, CA 93449 | 7-8 | 2.2 mi | |
495 Valley Rd, Arroyo Grande, CA 93420 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 153 N 16th St
Date
Details
Price
Change
Source
2/19/2024
Sold
$1,350,000
-15.62%
MLS
1/22/2024
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
153 N 16th Street, Grover Beach, CA 93433 (MLS# SC24010913) is a Multi-Family property that was sold at $1,350,000 on February 19, 2024. Want to learn more about 153 N 16th Street? Do you have questions about finding other Multi-Family 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.