2873 Studio Drive

Cayucos, CA 93430

$2,174,950
Price
6
Beds
3
Baths
2,772 Sq. Ft.
$785 / Sq. Ft.
2,772
Sq. Ft.
$785
per Sq. Ft.

Description

Own a piece of paradise on Cayucos' Studio Drive! Rare double lot steps from a tranquil beach offers two meticulously renovated homes, ideal for investment or multi-generational living. Residence One: Charming 2 bed/1 bath with gas fireplace & covered backyard oasis featuring waterfall & outdoor kitchen. Residence Two: 4 bedrooms total (potential for separate rental units), 2 baths, 2 fireplaces, & breathtaking ocean views. Unmatched 3-car garage. Live in one, rent others, or create a spacious coastal...Own a piece of paradise on Cayucos' Studio Drive! Rare double lot steps from a tranquil beach offers two meticulously renovated homes, ideal for investment or multi-generational living. Residence One: Charming 2 bed/1 bath with gas fireplace & covered backyard oasis featuring waterfall & outdoor kitchen. Residence Two: 4 bedrooms total (potential for separate rental units), 2 baths, 2 fireplaces, & breathtaking ocean views. Unmatched 3-car garage. Live in one, rent others, or create a spacious coastal family compound. This is one that you just have to see in person. This Cayucos masterpiece invites discerning buyers seeking a blend of coastal charm, flexibility, and income potential. Don't miss this opportunity to own your piece of California's coveted coastline.
  1. Listed by Joseph Silva • DRE #02158753 • Brokerage DRE #02005015 • Keller Williams Realty Central Coast • 559-967-5913
  2. Listed by Aurmon Banitaba • DRE #02040003 • Brokerage DRE #02005015 • Keller Williams Realty Central Coast

Property Details for 2873 Studio Drive

View
Coastline, Hills, Ocean
Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2772

Location

Listing Courtesy of Keller Williams Realty Central Coast, Joseph Silva, DRE #02158753; Keller Williams Realty Central Coast, Aurmon Banitaba, DRE #02040003
Add your commute
LISTING UPDATED: 04/25/2024 04:48 AM

Property Details for 2873 Studio Drive

StatusActive
MLS #PI24061490
Days on Market32
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.10 AC / 4,400 SF
CountySan Luis Obispo County

Location

Listing Courtesy of Keller Williams Realty Central Coast, Joseph Silva, DRE #02158753; Keller Williams Realty Central Coast, Aurmon Banitaba, DRE #02040003
Add your commute

Building Information for 2873 Studio Drive

Stories2Residences-Year Built1957Building Size-Lot Size0.10 AC / 4,400 SF

Payment Calculator

$13,288 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,870

Property Taxes

$1,418

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2873 Studio Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $11,000
  • Gross Scheduled Income: $11,000
  • Net Operating Income: $8,500
Expense Details
  • Operating Expense: $2,500
  • Fuel Expense: $10
  • Electric Expense: $100
  • Insurance Expense: $10
  • Trash Expense: $100
  • Water Sewer Expense: $100
  • Total Expenses: $320
Tax / Assessment Info
  • Tax Block: 72
  • Tax Tract Number: 5
  • Tax Census Tract: 105.04
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 3
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, Dog Park, Foothills, Hiking
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range
  • Equipment: Gas Or Electric Dryer Hookup
  • Interior Features: 2 Staircases, Beamed Ceilings, Living Room Deck Attached, Pantry, Recessed Lighting
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Fireplace Features: Gas
  • Fireplace Rooms: Gas
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Window Features: Double Pane Windows
  • Entry Location: Front
  • Property Condition: Turnkey
  • View Description: Coastline, Hills, Ocean
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage: Garage - 3 Car, On street, Oversized
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Asphalt, Garage - Three Door, Oversized, Street
Property / Structure Info
  • Builders Tract Name: Strand
  • Builders Tract Code: Strand (530)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 2873 Studio Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2873 Studio Drive

Taxable ValueLand$1,100,000Additions$500,000Total$1,600,000
Tax Record2023$17,020 ($1,418 / month)
Home Facts
Total Finished SqFt1,670 SqFtAbove Grade Finished SqFt1,670 SqFtStories2Lot Size4,400 SqFtStyleMulti-Family Dwelling (2-4)Year Built1957ZoningRSFCountySAN LUIS OBISPOAPN064-272-016

Schools near 2873 Studio Drive

This home is within Cayucos Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Rating
School
Distance
Cayucos Elementary School
PublicK to 8

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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2873 Studio Drive is a multi-family home for sale in Cayucos, CA 93430. This property was listed for sale on March 27, 2024 by Keller Williams Realty Central Coast, it's currently listed at $2,174,950. It has been on the market for a total of 32 days and was last sold on August 15, 2022. This listing's school district is Cayucos Elementary School District. Nearby schools include Cayucos Elementary School. 2873 Studio Drive is a 6-bed, 3-bath, 2,772 sqft multi-family home built in 1957.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty Central Coast, Joseph Silva, DRE #02158753; Keller Williams Realty Central Coast, Aurmon Banitaba, DRE #02040003

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.