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Chuck Lamm

chuck.lamm@engelvoelkers.com +1(818) 652-2876

$ 4,250,000

Est. payment -/mo

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Active

805 Dodson WAY Arroyo Grande, CA 93420

7,791 SqFt

UPDATED:

09/30/2024 06:08 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 7,791 sqft

Price per Sqft $545

MLS Listing ID PI24189209

HOA Y/N No

Year Built 1975

Lot Size 0.505 Acres

Property Description

Discover an unparalleled investment opportunity with this 11-unit apartment complex, ideally situated in the heart of Arroyo Grande. Just moments from the charming village, this property offers easy access to top-rated medical facilities, public transportation, schools, and the 101 freeway. Residents will enjoy a wealth of nearby amenities, including shopping, dining, and entertainment options. Plus, the Pacific Ocean and the renowned Oceano Dunes are only 3 miles away, offering endless recreational activities such as 4-wheeling, horseback riding, and sunbathing. This complex boasts an impressive track record with minimal vacancy rates, thanks to its superior location and recent upgrades, including refreshed stairs, new paint, updated fences, and improved carports. Whether you're looking to expand your investment portfolio or capitalize on a property with high tenant demand, this apartment complex presents an exceptional opportunity.

Location

State CA

County San Luis Obispo

Area Ag-West Of Hwy 101

Zoning R3

Rooms

Ensuite Laundry Common Area

Interior

Interior Features Ceiling Fan(s)

Laundry Location Common Area

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Appliance Disposal, Refrigerator

Laundry Common Area

Exterior

Exterior Feature Rain Gutters

Garage Assigned, Carport, Detached Carport

Carport Spaces 11

Fence Privacy

Pool None

Community Features Sidewalks

View Y/N Yes

View Neighborhood

Roof Type Shingle

Parking Type Assigned, Carport, Detached Carport

Total Parking Spaces 11

Private Pool No

Building

Lot Description Drip Irrigation/Bubblers, Landscaped, Street Level

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 006544025

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Christa Lowry • BHGRE Haven Properties • 805-710-1687

Chuck Lamm

Broker Associate | License ID: 00857151

+1(818) 652-2876

Chuck Lamm

805 Dodson WAY Arroyo Grande, CA 93420

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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805 Dodson WAY