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1440 K St, San Miguel, CA
Price: $775,000
Property Type: Multi-FamilyZoning: RSFDownload: Flyer (PDF)Bread-and-butter apartment property for sale in San Miguel, just a short distance from Paso Robles. Unit mix includes (1) 1Bed/1Bath stand-alone house and (6) studio apartments. Studios are all Section 8 VASH (veterans program). These apartments are situated on a large, RSF-zoned parcel; check with the county regarding additional or other uses. Lots of upside potential.
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507 W Ocean Ave, Lompoc, CAProperty Type: Multi-FamilyLot Size: 13,939 sq. ftZoning: R3# Units: 6Download: Flyer (PDF)
Bread and butter units in south Lompoc. The property features 6 well-maintained, single story, 2Bed/1Bath units in 2 buildings. Units are separately metered for electricity and gas. 10 uncovered parking spaces at rear of property. Most tenants are long term, and all rental agreements are month to month.
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2106 Wilmar Ave, Oceano, CA
Price: $899,000
Property Type: Multi-Family# Units: 44 Units on the south side of Oceano consisting of a detached 2Bed/1Bath house and a 2-story, townhouse style triplex of 2Bed/1Bath with private back patios. Two units have recently been renovated. Rents are low, providing a good opportunity to increase your income. This is a nice solid investment property ready to add to an experienced investor's portfolio or for the first time investor.
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401 Tiffany Dr, Santa Maria, CAProperty Type: Multi-Family# Units: 4
Attractive fourplex, with 4 APNs, constructed and mapped as condominiums but have always been operated as apartments townhomes. Unit mix is (1) 3Bed/1.75Bath unit and (3) 2Bed/1.5Bath units. Each unit features gas appliances, central heating, laundry hookups, private back patio, and a 2-car garage. All are separately metered for electricity, gas, and water. The property is located in a park-like setting within a desirable residential neighborhood. New roof and exterior paint. Lots of opportunity with this property.
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530 2nd Pl, Solvang, CA
Price: $915,000
Property Type: Single Family# Units: 4Rare opportunity to acquire a 4-Plex in the busy city of Solvang. Units are all 1-bedroom/1-bath, two of which were renovated in 2008. Conveniently located in a residential neighborhood that is close to downtown and shopping, restaurants and schools. Building is simple and easy to maintain.
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1002 S Railroad Ave, Santa Maria, CAProperty Type: Multi-FamilyDownload: Flyer (PDF)
Opportunity Knocks. Bread and Butter four-plex in Santa Maria. Needs some TLC. High demand, blue-collar area. Units have historically rented quickly. Unit A is vacant and is in need of updating. Call your contractor to check this out. Call your banker to get ready for cash flow.
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Multi-Family for Sale