$1,349,000
3,468
square ft

881 Manhattan Avenue
Grover Beach, California 93433

Closed / MLS #PI23138131 / Multiple Unit (2-4) / Grover Beach
Listing information updated 1/17/2024 at 3:22pm
881 Manhattan Ave is a 4-unit Apartment Building located just backs from the water. This property isuniquely positioned well below the sold and active comparable sales, while generating over $9,100/monthin income. A rare opportunity to acquire a building performing at a 5.5% + cap rate upon acquisition.The 4-units are all comprised of a large 2bed/1ba living areas. Approximately 870 Sq ft units. The propertyis zoned R3 - with enough lot area to build an additional ADU. The lot offers 4 individual parking spaceswith ample parking for the current tenant profile.

Listing Office: Invest SLO

Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.

Map of 881 Manhattan Avenue, Grover Beach, CA 93433

881 Manhattan Avenue is a multiple unit (2-4) which sold for $1,349,000. This multiple unit (2-4) has been listed on Christie's International Real Estate Sereno since July 26th, 2023 and was built in 1962.

This website uses cookies in order to improve our user experience. If you accept or close this prompt, we will assume you agree with this. For more information about the cookies we use or to find out how you can disable cookies, click here.

Close