Avila Beach, CA 93424,142 Front ST

$2,700,000

$2,999,000

10.0%
Est.Price: ?

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Est. payment /mo

9,147 Sqft Lot


SOLD DATE : 04/08/2016

Key Details

Sold Price $2,700,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Avila Beach(320)

MLS Listing ID SP1061569

Sold Date 04/08/16

HOA Y/N No

Year Built 1979

Lot Size 9,147 Sqft

Property Description

Marketing Remarks: Location location LOCATION! Come see this rare multilevel oceanfront beach estate with 3 separate units! Great opportunity for someone who wants to live in the main residence and rent out the other two for the extra income. All three units have panoramic views of the ocean, quirky fireplaces, & sun rooms in which you can hear the waves crash and watch the sunsets as you relax. Unit A is a 2500 sq/ft 3 bedroom 2 bath with an gorgeous large front patio that includes a spa and plenty of space to entertain currently rented for $3500/mo. Unit B is 1700 sq/ft 3 bedroom 1.25 bath on two levels currently rented out for $2150/mo. Unit C is a 1400 sq/ft 2 bedroom 2 bath single level currently rented for $2,045. As Is the Property Brings in a in a total $7,695 in monthly rent. Compared with recent sales at close to $1000 per sq/ft in Avila this is by far the best opportunity. Don't miss out on the chance to own the BEST lot in Avila walking distance to downtown, restaurants, shops, and fun!

Location

State CA

County San Luis Obispo

Area Avil - Avila Beach

Zoning DPLXTRI,RMF

Interior

Interior Features Storage

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Garage On Site, On Street

Community Features Curbs, Street Lights

Utilities Available Cable Available, Phone Connected

Waterfront Description Ocean Front

Roof Type Flat,Shingle

Building

Lot Description Sloped Down, Paved

Story Three Or More

Entry Level Three Or More

Foundation Block

Level or Stories Three Or More

Others

Tax ID 076224019

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

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California Regional MLS (CRMLS)
Listed by Hal Sweasey • RE/MAX Del Oro
Bought with Linda Wilson • Wilson & Co. Sotheby's Interna

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