Grover Beach, CA 93433,1361 Longbranch AVE
Grover Beach, CA 93433,1361 Longbranch AVE
Grover Beach, CA 93433,1361 Longbranch AVE
38
$510,000
$525,000
2.9%
Est.Price: ?

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6,873 Sqft Lot

1361 Longbranch AVE Grover Beach, CA 93433

Est. payment /mo
SOLD DATE : 11/03/2023

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Key Details

Sold Price $510,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PI23154714

Sold Date 11/03/23

HOA Y/N No

Year Built 1976

Lot Size 6,873 Sqft

Property Description

Welcome to a unique investment opportunity nestled on the captivating Central Coast of California. This versatile 1500 sqft property offers the perfect blend of location, flexibility, and potential, making it an enticing prospect for a investor with residential or commercial aspirations.

The property features a well-designed building with two units, and pull-through garages on both sides that lead to a spacious storage yard at the rear. making this property not only versatile but also functional.

With its cbd mix use development zoning, this property boasts a remarkable array of possibilities. With the potential for single family or multifamily development, or as an owner occupied commercial space to run your business while getting income from the 2nd unit.

Currently leased out, this property presents an excellent investment opportunity with existing rental income to pursue a development while generating income or as a buy and hold investment in a quickly appreciating market.

Location

State CA

County San Luis Obispo

Area Grvc - Grover Beach

Zoning Cbd

Interior

Fireplace No

Laundry None

Building

Lot Description 0-1 Unit/Acre, Back Yard, Rectangular Lot, Street Level, Value In Land, Yard

Story 1

Water Public

Others

Tax ID 060244024

Financing Assumed

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Justin Machado • Keller Williams Realty Central Coast
Bought with Kate Graham • RE/MAX Success

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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