881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
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881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
881 Manhattan Avenue
Active Under Contract

881 Manhattan Avenue

881 Manhattan Avenue, Grover Beach, CA 93433

$1,349,000
881 Manhattan Ave is a 4-unit Apartment Building located just backs from the water. This property is uniquely positioned well below the sold and active comparable sales, while generating over $9,100/month in income. A rare opportunity to acquire a building performing at a 5.5% + cap rate upon acquisition. The 4-units are all comprised of a large 2bed/1ba living areas. Approximately 870 Sq ft units. The property is zoned R3 - with enough lot area to build an additional ADU. The lot offers 4 individual parking spaces with ample parking for the current tenant profile.

3,468 Sq.Ft. LIVING AREA

7,302 Sq.Ft. lot

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
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Thank you for your interest in 881 Manhattan Avenue, Grover Beach, CA 93433. We are reviewing your request and will be in touch shortly!
Abel Contreras

Abel Contreras

Features & Amenities

Interior

  • Laundry room Washer Hookup, Gas Dryer Hookup, Inside
  • Flooring Vinyl
  • Fireplace None
  • other interior Features Balcony

Area & Lot

  • Status Active Under Contract
  • Living Area3,468 Sq.Ft.
  • Lot Area7,302 Sq.Ft.
  • MLS® IDPI23138131
  • TypeMulti-Family
  • YEAR BUILT1962
  • NeighborhoodGrover Beach - Grover Heights
  • View DescriptionOcean, Peek-A-Boo

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesCable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • PoolNone
  • roofShingle
  • lot features16-20 Units/Acre, Landscaped, Level, Rectangular Lot, Value In Land
  • parkingAssigned, Concrete, Covered, Detached Carport, Driveway, Paved
  • HEAT TYPEWall Furnace
  • AIR CONDITIONINGNone
  • sewerPublic Sewer
  • HOA AmenitiesCurbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
  • Green featuresInsulation, Roof, Windows

Financial

  • Sales Price$1,349,000
  • Zoning R3

Grover Beach - Grover Heights

Only minutes away from the popular tourist attractions at Pismo Beach lies a peaceful coastal neighborhood.

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