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Listing 9 out of 89
Sold for $1,875,000 Sold

1039 Montalban Street
San Luis Obispo, CA 93405

8 units | Multi Family Home
11252 sq ft - MLS# SP17254852
Property Photo

Sold

Sold for $1,875,000 on Mar 30, 2018

Description

Rare opportunity to own an Apartment Building in Downtown San Luis Obispo. 8 units, 7 with 2 bedrooms 1 bath and 1 Studio unit with bath. Unique floor plans with shared courtyards, and balconies. Located near shopping, restaurants, transportation Cal Poly and Sierra Vista Hospital.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $1,999,000
  • Zip Code: 93405
  • Year Built: 1970
  • Subdivision/Neighborhood: San Luis Obispo(380)
  • Stories: Two
  • Units: 8 units
  • # of Parking Spaces: 15.00
  • Lot Size: 11252 sq ft
  • Zoning: CT
  • Area: SLO - San Luis Obispo
  • Appliances: Electric Stove
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 7556.00
  • Building Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Community Features: Curbs, Gutters, Sidewalks
  • Country: US
  • Directions: Santa Rosa St to Montalban
  • Electric Expense: 887.00
  • Flooring: Carpet, Vinyl
  • Gardener Expense: 1350.00
  • Gross Income: 127506.00
  • Gross Scheduled Income: 127506.00
  • Insurance Expense: 4860.00
  • Listing Agent License: 01111911
  • Listing Office License: 01084549
  • Lot Features: Paved
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 20000.00
  • Net Operating Income: 68016.00
  • New Taxes Expense: 6043.00
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 7
  • Number With Range: 8
  • Number With Refrigerator: 8
  • Operating Expense: 59490.00
  • Parking Features: Assigned
  • Parking YN: Yes
  • Pest Control Expense: 300.00
  • Property Attached YN: Yes
  • Selling Agent: Mike Waller
  • Selling Agent License: 01840567
  • Selling Office: Mission Property Group
  • Selling Office License: 01840567
  • Sewer: Public Sewer
  • Total Expenses: 49761.00
  • Trash Expense: 1665.00
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Sewer Expense: 4577.00
  • Water Source: Public
  • Year Built Source: Assessor
  • Sold Price: 1875000.00
  • Sold Date: 2018-03-30 00:00:00
Courtesy of Re/Max Del Oro, Hal Sweasey
agent photo
Joyce DeLine - Cornerstone Real Estate
2665 Shell Beach Road
PISMO BEACH, CA 93449
Phone: 805-441-2607
Email: jdeline@charter.net

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