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Shelby Wineman

shelby@slwhomes.com +1(805) 503-0258

$ 699,000

Est. payment | -/mo

4 Beds

2 Baths

1,918 SqFt

Save

$ 699,000

Est. payment | -/mo

Save

4 Beds

2 Baths

1,918 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,918 sqft

Price per Sqft $364

Subdivision Nipomo(340)

MLS Listing ID NS26039347

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1964

Lot Size 6,098 Sqft

Property Sub-Type Duplex

Property Description

Welcome to 770 and 772 Beverly! Fully upgraded duplex investment opportunity in Nipomo offering strong income potential and long-term durability. This property consists of two 2-bedroom, 1-bath units with separate entrances, separate driveways, independent laundry facilities and each with their own yard! The lower permitted ADU is currently rented at $2,300/month. The upper unit was previously rented at $2,450, which would give this duplex an 8.0% CAP Rate. Many of the maintenance items have been recently upgraded for peace of mind to the new owners. Both units feature all-new PEX water supply lines and new ABS drain lines, with drainage replaced to the street connection. The lower ADU received a complete electrical replacement including GFCI and AFCI protection. The upper unit includes panel upgrades and added GFCI protection. A Sense energy monitor is installed on the downstairs sub-panel for separate usage tracking. The upper unit recent upgrades include new cabinetry, new windows, new furnace with digital thermostat, new water heater and ceiling fan. Both units have waterproof, rubber backed luxury vinyl plank flooring for durability and sound control. If you are looking to invest on the central coast, this is the home for you.

Location

State CA

County San Luis Obispo

Area Npmo - Nipomo

Rooms

Main Level Bedrooms 2

Interior

Interior Features Bedroom on Main Level

Cooling None

Fireplaces Type None

Fireplace No

Laundry Laundry Room

Exterior

Fence Block, Chain Link, Vinyl, Wood

Pool None

Community Features Street Lights, Sidewalks

View Y/N Yes

View Hills

Private Pool No

Building

Lot Description Cul-De-Sac

Dwelling Type Duplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Lucia Mar Unified

Others

Senior Community No

Tax ID 092462038

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Kyle Perhac Home & Ranch Sotheby's Intl 805-540-4884, DRE #02003379

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(805) 503-0258

shelby@slwhomes.com

Arroyo Grande, California, 93420, USA

770 Beverly Nipomo, CA 93444