Greg Malik Real Estate

This amazing, gated, versatile and income producing property ($69,900 yr) located on the Mesa with Stunning Ocean Views, this is a once in a lifetime find! Whether you need or want 4181 square feet, rent some or part of the property out offers tons of flexibility. Everything is done very artfully and tastefully with imported granite, marble, mosaics and historical doors! The property has a well, lush, mature landscaping and a producing Avocado crop! There are embedded mosaics and fossils throughout the property, many palm trees, citrus trees, apple trees, ponds, several entertainers patios, courtyard, outdoor fireplace and the list goes on! The property diversity continues as it can be just one home or as it is now by renting out portions of the home. There is a downstairs 2 bedroom 2 bath unit with some ocean views that rents for $2175 mo, a 2 bedroom 1 bath upstairs that rents for $2250 mo and a Jr. 1 bedroom 1 bath with ocean views that rents for $1400 mo that could probably be rented for more. This brings the total to $5825 mo in rent. The front half of the 1 acre lot can still be built on with a Garage and a guest house up to 1200 square feet. Lots of upside potential here on this one of a kind home. Close enough to town, yet just far enough away! Great protection from the avocado crop Don't miss this opportunity call your Realtor today!

  • MLS# PI18174397
  • Style House
  • Sub-Type Resale
  • Status Active
  • Year 2003
  • Days On Site 90
Bed(s) 4
Bath(s) 4 Full
SQ Feet 4,181
Story(s) 3+ Story
Property View Yes
Listing Provided By:
Kevin Jones  of  Realty Professionals
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $999,999
80.18%
$555,000 in West of 101(1000)
this listing 4,181 SqFt
168.01%
1,560 SqFt in West of 101(1000)
this listing $239 $/SqFt
32.77%
$356 $/SqFt in West of 101(1000)
this listing 90 on site
4,400.00%
2 on site in West of 101(1000)

Location

State CA
County San Luis Obispo
City Arroyo Grande
Zip Code 93420
Area ARRG - Arroyo Grande
Community Name West of 101(1000)

Area Schools

School District Lucia Mar Unified

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