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
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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
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881 Manhattan Avenue
Sold

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

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 Sold
  • 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

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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