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865 Noyes Road

Arroyo Grande, CA 93420
  • $1,845,000
  • STATUS: CONTINGENT
  • ON SITE: 153 Days
  • ID#: CV23074966
Under Contract
UPDATED: 10 min ago
$1,845,000
  • 9
    BEDS
  • 3.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

SELLER FINANCING AVAILABLE! An opportunity to acquire a 3-Unit property located at 865 Noyes in the city of Arroyo Grande and minutes away from Grover and Pismo Beach. Ideal for an owner/user or investor, 865 Noyes Road is located northwest of the 101 Freeway in the highly sought-after country coastal neighborhood of Arroyo Grande. Not only is the property near both Grover and Pismo Beach, it also provides immediate access to nearby amenities; parks, shops, and restaurants. Arroyo Grande is conveniently located near California Polytechnic State University, Cal Poly San Luis Obispo, Laurus College, San Joaquin Valley College, Pismo Beach Premium Outlets and Vandenberg AFB. 865 Noyes Road is a rare multifamily investment opportunity that consists of three, single-story homes built in 1984. The property is situated on a large 3.29 acre lot with a total building size of 4,101 square feet. The property offers an excellent unit mix including a spacious two-bedroom/two-bathroom house, three-bedroom/two-bathroom house and a four-bedroom/two-bathroom house with the potential ability to develop and add to existing units. Units feature upgraded flooring (in most units), vertical blinds, central air conditioning and heating, washer & dryers, in addition to kitchens and bathrooms have marble countertops and, are full-equipped. The fully-equipped kitchens and bathrooms with marble counter tops. Each unit has Spanish roof tiles and includes plenty of outdoor space, private patio/ yard, outside storage, ample parking, on-site laundry room, lush landscaping with a country coastal setting an SELLER FINANCING AVAILABLE! An opportunity to acquire a 3-Unit property located at 865 Noyes in the city of Arroyo Grande and minutes away from Grover and Pismo Beach. Ideal for an owner/user or investor, 865 Noyes Road is located northwest of the 101 Freeway in the highly sought-after country coastal neighborhood of Arroyo Grande. Not only is the property near both Grover and Pismo Beach, it also provides immediate access to nearby amenities; parks, shops, and restaurants. Arroyo Grande is conveniently located near California Polytechnic State University, Cal Poly San Luis Obispo, Laurus College, San Joaquin Valley College, Pismo Beach Premium Outlets and Vandenberg AFB. 865 Noyes Road is a rare multifamily investment opportunity that consists of three, single-story homes built in 1984. The property is situated on a large 3.29 acre lot with a total building size of 4,101 square feet. The property offers an excellent unit mix including a spacious two-bedroom/two-bathroom house, three-bedroom/two-bathroom house and a four-bedroom/two-bathroom house with the potential ability to develop and add to existing units. Units feature upgraded flooring (in most units), vertical blinds, central air conditioning and heating, washer & dryers, in addition to kitchens and bathrooms have marble countertops and, are full-equipped. The fully-equipped kitchens and bathrooms with marble counter tops. Each unit has Spanish roof tiles and includes plenty of outdoor space, private patio/ yard, outside storage, ample parking, on-site laundry room, lush landscaping with a country coastal setting and access to private well-water. 865 Noyes Road in Arroyo Grande, California is a prime San Luis Obispo County income-producing property and a great long-term investment. The property is in a highly desirable neighborhood and offers stability for any type of owner/user or investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.coastalhomesbytiffany.com/homes/139156172
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865 Noyes Road Arroyo Grande, CA 93420

  • Price: $1,845,000
  • Status: CONTINGENT
  • On Site: 153 Days
  • Updated: 10 min ago
  • ID#: CV23074966
9
Beds
0
Baths
0
½ Baths
3.29
Acres
Neighborhood:
Arroyo Grande (93420)
County:
San Luis Obispo
Area:
Arroyo Grande (93420)
Property Description
SELLER FINANCING AVAILABLE! An opportunity to acquire a 3-Unit property located at 865 Noyes in the city of Arroyo Grande and minutes away from Grover and Pismo Beach. Ideal for an owner/user or investor, 865 Noyes Road is located northwest of the 101 Freeway in the highly sought-after country coastal neighborhood of Arroyo Grande. Not only is the property near both Grover and Pismo Beach, it also provides immediate access to nearby amenities; parks, shops, and restaurants. Arroyo Grande is conveniently located near California Polytechnic State University, Cal Poly San Luis Obispo, Laurus College, San Joaquin Valley College, Pismo Beach Premium Outlets and Vandenberg AFB. 865 Noyes Road is a rare multifamily investment opportunity that consists of three, single-story homes built in 1984. The property is situated on a large 3.29 acre lot with a total building size of 4,101 square feet. The property offers an excellent unit mix including a spacious two-bedroom/two-bathroom house, three-bedroom/two-bathroom house and a four-bedroom/two-bathroom house with the potential ability to develop and add to existing units. Units feature upgraded flooring (in most units), vertical blinds, central air conditioning and heating, washer & dryers, in addition to kitchens and bathrooms have marble countertops and, are full-equipped. The fully-equipped kitchens and bathrooms with marble counter tops. Each unit has Spanish roof tiles and includes plenty of outdoor space, private patio/ yard, outside storage, ample parking, on-site laundry room, lush landscaping with a country coastal setting an SELLER FINANCING AVAILABLE! An opportunity to acquire a 3-Unit property located at 865 Noyes in the city of Arroyo Grande and minutes away from Grover and Pismo Beach. Ideal for an owner/user or investor, 865 Noyes Road is located northwest of the 101 Freeway in the highly sought-after country coastal neighborhood of Arroyo Grande. Not only is the property near both Grover and Pismo Beach, it also provides immediate access to nearby amenities; parks, shops, and restaurants. Arroyo Grande is conveniently located near California Polytechnic State University, Cal Poly San Luis Obispo, Laurus College, San Joaquin Valley College, Pismo Beach Premium Outlets and Vandenberg AFB. 865 Noyes Road is a rare multifamily investment opportunity that consists of three, single-story homes built in 1984. The property is situated on a large 3.29 acre lot with a total building size of 4,101 square feet. The property offers an excellent unit mix including a spacious two-bedroom/two-bathroom house, three-bedroom/two-bathroom house and a four-bedroom/two-bathroom house with the potential ability to develop and add to existing units. Units feature upgraded flooring (in most units), vertical blinds, central air conditioning and heating, washer & dryers, in addition to kitchens and bathrooms have marble countertops and, are full-equipped. The fully-equipped kitchens and bathrooms with marble counter tops. Each unit has Spanish roof tiles and includes plenty of outdoor space, private patio/ yard, outside storage, ample parking, on-site laundry room, lush landscaping with a country coastal setting and access to private well-water. 865 Noyes Road in Arroyo Grande, California is a prime San Luis Obispo County income-producing property and a great long-term investment. The property is in a highly desirable neighborhood and offers stability for any type of owner/user or investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
Exterior Features

Pool N/K Spa N/K

Interior Features

Cooling Central Forced Air Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2

Property Features

Actual Cap Rate 5.16 Annual Expense Actual 38499 Assessments N/K Buildings 3 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 13.44 Gross Scheduled Income Actual 145322 Home Owners Fees 0.0 Sewer Septic Septic Installed Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 3250.0 Unit2 Rent Actual 4300.0 Unit3 Rent Actual 4200.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Eric Chen of Cb Richard Ellis: 626-757-5717. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Tiffany Torgan | Prestige Properties Enterprises
7855 Ivanhoe Ave. Suite 210
La Jolla CA, 92037