770 & 772 Beverly, Nipomo, CA, CA 93444
- $699,000
- List Price
- $699,000
- Price Change
- ▼ $11,000 1776223251
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- NS26040720
- County
- San Luis Obispo
- Year Built
- 1964
- Building Square Feet
- 1,918
- Square Feet
- 6,098
- Days on Market
- 153
- Property Type
- Multifamily
- Stories
- One Level, Two Levels
- Neighborhood
- Nipomo(340)
Property Description
Welcome to 770 and 772 Beverly! Fully upgraded duplex investment opportunity in Nipomo offering strong income potential and long-term durability. This property consists of two 2-bedroom, 1-bath units with separate entrances, separate driveways, independent laundry facilities and each with their own yard! The lower permitted ADU is currently rented at $2,300/month. The upper unit was previously rented at $2,600, which would give this duplex an 8.0% CAP Rate. Many of the maintenance items have been recently upgraded for peace of mind to the new owners. Both units feature all-new PEX water supply lines and new ABS drain lines, with drainage replaced to the street connection. The lower ADU received a complete electrical replacement including GFCI and AFCI protection. The upper unit includes panel upgrades and added GFCI protection. A Sense energy monitor is installed on the downstairs sub-panel for separate usage tracking. The upper unit recent upgrades include new cabinetry, new windows, new furnace with digital thermostat, new water heater and ceiling fan. Both units have waterproof, rubber backed luxury vinyl plank flooring for durability and sound control. If you are looking to invest on the central coast, this is the home for you.
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Additional Information
- Parcel Number
- 092462038
- Gross Scheduled Income
- $27,600
- Operating Expense
- 5320
- Net Operating Income
- $22,280
- Number of Buildings
- 1
- Lot Features
- Cul-De-Sac
- Other Buildings
- Shed(s)
- Heat
- Wall Furnace
- View
- Hills
- Roof
- Flat
- Sewer
- Public Sewer
- Water
- Public
- Community Features
- Sidewalks
Listing courtesy of Listing Agent: Kyle Perhac (KAPerhac@gmail.com) from Listing Office: Home & Ranch Sotheby's Intl.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.