$2,500,000
$2,700,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
8,960 Sqft Lot
SOLD DATE : 01/03/2024
Key Details
Sold Price $2,500,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SC23184415
Sold Date 01/03/24
HOA Y/N No
Year Built 1949
Lot Size 8,960 Sqft
Property Description
Don't miss this rare opportunity to own an income-producing coastal oasis in the highly sought-after Shell Beach, CA! This extraordinary multi-unit property boasts three delightful stand-alone cottages and a charming duplex, each featuring 2 bedrooms, 1 bathroom, and convenient interior laundry hook-ups. Each with captivating warm, inviting atmospheres. Complemented by thoughtfully designed layouts and various modern updates. Imagine unwinding in the communal courtyard, a tranquil space perfect for relaxation and rejuvenation. And with individual storage sheds, you'll have the perfect spot to stow away beach essentials or seasonal belongings. Situated on a large parcel that has the potential to be split and is just a stone's throw away from the ocean, this property not only offers immediate income but also holds incredible potential for redevelopment or as a cherished family legacy. Embrace the coastal lifestyle by immersing yourself in the vibrant local community. Whether you're an avid outdoor enthusiast or a connoisseur of relaxation, this coastal paradise has something for everyone. Indulge in the nearby coffee shops, dine at delicious restaurants, explore unique boutiques, or pamper yourself at luxurious spas. Don't miss this opportunity to own a piece of paradise as well as its income-production with limitless potential in one of California's most coveted coastal destinations. Schedule a viewing today and let your coastal dreams become a reality!
Location
State CA
County San Luis Obispo
Area Slbh - Shell Beach
Rooms
Other Rooms Shed(s)
Ensuite Laundry Washer Hookup, Inside
Interior
Interior Features All Bedrooms Down
Laundry Location Washer Hookup,Inside
Heating Combination
Cooling None
Flooring Carpet, Laminate, Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Tankless Water Heater, Water Heater
Laundry Washer Hookup, Inside
Exterior
Exterior Feature Rain Gutters
Garage None
Fence Partial
Pool None
Community Features Gutter(s), Street Lights
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description Ocean Side Of Freeway
View Y/N Yes
View Courtyard, Neighborhood, Peek-A-Boo
Roof Type Composition
Accessibility None
Parking Type None
Private Pool No
Building
Lot Description 2-5 Units/Acre, Corner Lot, Street Level
Story 1
Entry Level One
Foundation Combination, Slab
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 010352004
Security Features Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Subject To Other
Listing Terms Cash, Cash to New Loan, 1031 Exchange, Subject To Other
Financing Cash
Special Listing Condition Standard
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Bought with Manuel Ortiz Jr. • Manuel Ortiz Real Estate
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Broker Associate | Lic# 01905244