1685 Ramona Ave, Grover Beach, CA

Type: Multi-Family
Price: $1,665,000
Units: 16
Flyer (PDF)

Description: Fantastic Opportunity to own a 16-unit apartment complex and take advantage of 30 year fixed rate financing. Property is comprised of (4) separate fourplexes and qualifies for conforming 30 year fixed financing. (4) separate APNs. Each fourplex has (2) – 2 bed/1.5 bath townhomes and (2) – 2 bed/1bath single level units, 4 garages, and separate water meters. Each apartment unit has laundry hookup inside, separate electric meter, 1-car garage, electric appliances, and many have private patios or balconies. Some deferred maintenance. Pending bank approval for short sale but expect quick turnaround.

861 Front St, Grover Beach, CA

Type: Multi-Family
Price: $995,000
Units: 8
Flyer (PDF)

Description: This is a must see income property! A well maintained Duplex and 6-plex on two parcels near Pismo State Beach and Oceano Dunes. Property is surrounded by tall Eucalyptus trees and has lush landscaping with mature pines and palm trees providing privacy and a warm country feel. Duplex features a 2bed/1.5bath townhome with fireplace and attached garage and very comfortable upstairs studio apartment. 6-plex features two units downstairs and four units upstairs, all 2bed/1bath single level units, with 7 carports, and laundry room. All units have separate electric meters and electrical appliances. Lots of space all around this property with room for a nice BBQ and picnic area under the trees.

41 Second St, Buellton, CA

Type: Multi-Family
Price: $999,000 (originally $1,250,000)
Units: 10
Flyer (PDF)

Description: ANOTHER PRICE REDUCTION! CAP rate now 6.2%! Rarely available Bread-and-Butter units in Buellton. Solid rental income from this 10-unit apartment complex near downtown. All units are 1bed/1bath loft townhomes. Units have living room, dining area and kitchen downstairs, with bedroom loft, bathroom and walk-in closet upstairs. On-site parking. Apartments are close to schools, parks, stores, and restaurants.

621 W Ocean Ave, Lompoc, CA

Type: Multi-Family
Price: $405,900
Units: 6
Flyer (PDF)

Description: Great Buy! Garden style apartments located near Old Towne Lompoc and close to shopping, restaurants, and Ryon Park. ONLY $67,550 per unit. Gross Rent Multiplier (GRM) of 8.9. Good unit mix with 4-2bed/1bath and 2-1bed/1bath units. Property has laundry room and off street parking in the rear of the building. This won't last. Bring your offer.

420 E Highway 246, Buellton, CA

Type: Commercial/Retail
Price: $550,000
Flyer (PDF)

Great consumer exposure on Highway 246 on the busy corridor between Buellton and the Santa Ynez Valley. Property boasts over 350' of frontage, high traffic count of 18,000+ trips per day. This is a busy stretch of the highway with Albertsons, Sears, Hitching Post, AJ Spurs, and Auto Dealerships. Lots of space and lots of possibilities on this 10+ Acre property. Currently home to Rolling Hills Garden Center. Long term leasehold available for purchase or sublease. Long term land lease conforms to 1031 exchange requirement.

85 W Hwy 246, Buellton, CA

Type: Retail/Office
Price: $589,000 (down from $875,000)
Flyer (PDF)

Description: HUGE PRICE REDUCTION! High visibility retail building with mixed-use rental income in downtown Buellton. Property is close to freeway and has a high traffic count of over 16,000 trips per day. Ideal for owner/user or live/work situation. Building includes 2800sf of 1st fl retail space, 1440 sf 2nd fl apartment, 900sf of 3rd fl attic storage, 6 on-site parking spaces. Interior of retail space is bright and open and includes 2 private offices, kitchen/break room, private bath and washer/dryer hookups. Apartment and 1fl storage are rented out on month-to-month basis. Bring offers.