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Grover Beach, CA 93433 1051 Trouville Avenue

$1,175,000

Pending
1051 Trouville Avenue Grover Beach, Ca - Image 11051 Trouville Avenue Grover Beach, Ca - Image 2
Presented By: Bryan Friedman with Berkshire Hathaway Home Servic; 805-704-7080
  • MLS# PI24080768
  • 04/23/2024
  • Request Tour
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  • BedBeds • 6
  • BathFull/Half Baths • 1 / 1
  • FootageSQFT • 3,060

Home Details

Outstanding Central Coast investment opportunity in Grover Beach! Well maintained triplex with strong rental history. Three units total. Each unit includes 2 bedrooms, 1 full bathroom and 1 half bathroom. All of the units are light and bright and have their own sliding door to access the individual private exterior patios. Each unit has its own kitchen/dining area, living room, half bath and interior laundry located downstairs. Two bedrooms and full bath upstairs as well as lots of storage and individual central heating. The attached car port includes one parking space and one storage locker per unit. There is also an additional uncovered parking space for each unit in the front parking area. Very stable tenants with below market rents presents consistent cash flow with this low maintenance investment property having nice potential upside. The building is set back from the street and is located in a quiet neighborhood of Grover Beach which enjoys close access to the nearby beaches, shopping, schools and medical facilities. At only $392k per unit, this property is an ideal investment opportunity or 1031 acquisition candidate. Please do not disturb tenants.
Presented By: Bryan Friedman with Berkshire Hathaway Home Servic; 805-704-7080

Interior Features for 1051 Trouville Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 1051 Trouville Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.0
Carport Spaces3.0
Carport Y/NYes
CityGrover Beach
Community FeaturesCurbs, Gutters
CoolingNone
CountySan Luis Obispo
Days on Market3
DirectionsTROUVILLE AVE BETWEEN 10TH AND 12TH STREETS
Entry LocationLower Level
Garage Spaces0.0
Garage Y/NNo
Gross Income66174.0
HOA0.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense996.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash
Lot Size Square Feet7500.0
MLS AreaGRVC - Grover Beach
MobileHomeRemainsYNNo
Net Operating Income47017.0
New ConstructionNo
Number of Units Leased3
Open Parking Spaces3.0
Operating Expense19157.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard, Trust
Standard StatusPending
StatusPending
Stories2
Street NameTrouville
Subdivision NameGrover Beach (330)
Tenant PaysCableTV, Electricity, Gas, Telephone
Total Actual Rent66174.0
Total Units3
Trash Expense1844.0
View Y/NNo
Water Sewer Expense3051.0
Waterfront Y/NNo
Year Built1978
Year Built SourceEstimated
Zoning20

Exterior for 1051 Trouville Avenue

Building Area Total3060.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot, StreetLevel
Lot Size Acres0.1722
Lot Size Area7500.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesCarport
SpaNo
Total Parking6.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,175,000
MLS#PI24080768
List Date 04/23/2024
Property Type Pending
Phone 714.964.3311
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*According to the National Association of Realtors