1265 Nice Street

Grover Beach, CA 93433

$2,700,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Discover this enticing multi-family residence offering a unique blend of simplicity and investment potential. Positioned just moments from Mentone Basin Park, renowned eateries, and the serene beach, this ±6,000 SF property encapsulates the essence of coastal living and lucrative investment. Comprising (8) 2-bed, 1-bath units, this is an ideal portfolio addition for those looking to capitalize on below-market rents. Units boast modern, fully-equipped kitchens, laminate flooring and spacious living...Discover this enticing multi-family residence offering a unique blend of simplicity and investment potential. Positioned just moments from Mentone Basin Park, renowned eateries, and the serene beach, this ±6,000 SF property encapsulates the essence of coastal living and lucrative investment. Comprising (8) 2-bed, 1-bath units, this is an ideal portfolio addition for those looking to capitalize on below-market rents. Units boast modern, fully-equipped kitchens, laminate flooring and spacious living areas, enhancing tenant comfort and satisfaction. Experience ease of management with minimalistic designs in a prime location that promises continuous tenant appeal. Explore the possibilities of enhancing your investment in a thriving community renowned for its quality of life and growing demand. Contact Listing Agents to show.
  1. Listed by Steven Golis • DRE #00772218 • Radius Group Commercial RE

Property Details for 1265 Nice Street

Subdivision Name
Not Applicable
Garage Spaces
.00
View
None

Location

Listing Courtesy of Radius Group Commercial RE, Steven Golis, DRE #00772218
Add your commute
LISTING UPDATED: 05/21/2024 03:37 PM

Property Details for 1265 Nice Street

StatusActive
MLS #V1-23665
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1978
Lot Size0.15 AC / 6,600 SF
CountySan Luis Obispo County

Location

Listing Courtesy of Radius Group Commercial RE, Steven Golis, DRE #00772218
Add your commute

Building Information for 1265 Nice Street

Stories-Residences-Year Built1978Building Size-Lot Size0.15 AC / 6,600 SF

Payment Calculator

$14,735 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,735

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1265 Nice Street

Summary
Location and General Information
  • Community Features: Biking, Curbs, Sidewalks, Suburban
  • City: Grover Beach
  • Country: US
  • Directions: .
  • Area: GRVC - Grover Beach
  • Unparsed Address: 1265 Nice Street, Grover Beach, CA 93433
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Other Annual Assessment Amount: $31,288.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Acres: .15
  • Lot Size Square Feet: 6,600.00
  • Lot Size Area: 6,600.00
  • Lot Size Units: Square Feet
  • Parcel Number: 060345021
  • Property Type: Residential Income
Property and Assessments
  • Common Walls: Detached/No Common Walls
  • Documents Count: 0
  • Property Attached: No
  • Year Built Source: Assessor
  • Senior Community: No
Utilities
  • Cooling: None
  • Cooling: No
Interior and Exterior Features
Exterior Features
  • Fencing: Wood
  • Pool Features: None
  • Pool Private: No
  • Pool: No
  • Spa Features: None
  • Spa: No
Interior Features
  • Appliances: Dishwasher, Microwave, Electric Range
  • Total Bathrooms: 0
  • Fireplace Features: None
  • Fireplace: No
  • Heating: None
  • Heating: No
  • Laundry Features: None
  • View: No
  • Levels: Two
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $117,081.84
  • Net Operating Income: $117,229.00
  • Insurance Expense: $3,560.00
  • Number Of Buildings: 1
  • Operating Expense: $68,882.00
  • Special Listing Conditions: Standard
  • Trash Expense: $4,170.00
Rental
Rental Information
  • Rent Control: Yes

Property History for 1265 Nice Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1265 Nice Street

This home is within Lucia Mar Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 8 to 12
Public - 9 to 12
Rating
School
Distance
Grover Beach Elementary School
PublicK to 6

Judkins Middle School
Public7 to 8

Arroyo Grande High School
Public8 to 12

Lopez Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1265 Nice Street is a multi-family home for sale in Grover Beach, CA 93433. This property was listed for sale on May 20, 2024 by Radius Group Commercial RE, it's currently listed at $2,700,000. This listing's school district is Lucia Mar Unified School District. Nearby schools include Grover Beach Elementary School, Judkins Middle School and Arroyo Grande High School. 1265 Nice Street is a 0-bed, 0-bath, multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Radius Group Commercial RE, Steven Golis, DRE #00772218

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.