Skip To Content

301 San Luis

Avila Beach, CA 93424
  • $5,500,000
  • STATUS: Active Under Contract
  • ON SITE: 90 Days
  • ID#: SC22140293
Under Contract
UPDATED: 73 min ago
$5,500,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Listing Agent(s): Thomas Swem of Real Property Investments (805-544-4422)


Description

Located at 167 (A, B, C & 1/2) San Luis Street And 199 San Luis Street & 301, 303, 349 2nd Street, Avila Beach are two legal parcels fullyimproved and made up of 8 units; specifically, 2 homes and 2 triplexes all to be sold together (APN: 076-217-020 & 076-217-004). The diverse unit mix will allow for quick and easy leasing to maximize consistent income. All tenants will be drawn by the BEACH LOCATION and the mix of restaurants and shops. This is a TRUST sale and the Trustees require that any and all offers will be reviewed and responded to on or after July 8th, 2022. This property is being sold "AS IS". The Trustees believe that the SFR at 167 1/2 San Luis Street was built in the the1920s, the triplex at 167 AB&C sometime in the 20s or 30s, the SFR at 349 2nd Street in the late 40s, and the triplex at 199 San Luis Street and 301 & 303 2nd Street around 1965.Square footage and sizes shown are not guaranteed. The income and expenses shown are approximate and not guaranteed..

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-26T23:27:35.533. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/130347855
Print Image

301 San Luis Avila Beach, CA 93424

  • Price: $5,500,000
  • Status: Active Under Contract
  • On Site: 90 Days
  • Updated: 73 min ago
  • ID#: SC22140293
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1925
Built
Neighborhood:
Avila Beach (320)
County:
San Luis Obispo
Area:
AVIL - Avila Beach
Property Description
Located at 167 (A, B, C & 1/2) San Luis Street And 199 San Luis Street & 301, 303, 349 2nd Street, Avila Beach are two legal parcels fullyimproved and made up of 8 units; specifically, 2 homes and 2 triplexes all to be sold together (APN: 076-217-020 & 076-217-004). The diverse unit mix will allow for quick and easy leasing to maximize consistent income. All tenants will be drawn by the BEACH LOCATION and the mix of restaurants and shops. This is a TRUST sale and the Trustees require that any and all offers will be reviewed and responded to on or after July 8th, 2022. This property is being sold "AS IS". The Trustees believe that the SFR at 167 1/2 San Luis Street was built in the the1920s, the triplex at 167 AB&C sometime in the 20s or 30s, the SFR at 349 2nd Street in the late 40s, and the triplex at 199 San Luis Street and 301 & 303 2nd Street around 1965.Square footage and sizes shown are not guaranteed. The income and expenses shown are approximate and not guaranteed..
Exterior Features

Lot Features Corner Lot Number Of Separate Electric Meters 5 Open Parking Spaces 10 Parking Total 12 Pool Features None Pool Private YN No Property Attached YN Yes View CoastlineHillsWater View YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN Yes Common Interest None Community Features BikingFishingGolfWater Sports Electric Expense 1500 Fuel Expense 1 Garage YN Yes Gross Income 153000 Gross Scheduled Income 153000 Insurance Expense 3500 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Maintenance Expense 4500 Net Operating Income 123000 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 29900 Other Expense 2200 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tax Annual Amount 2200 Tenant Pays Electricity Trash Expense 1 Water Sewer Expense 4000 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-26T23:27:35.533. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369210957-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369210957-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369210957-1.jpg
Logo
Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Thomas Swem of Real Property Investments (805-544-4422)