$2,180,000
$2,500,000
12.8%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 07/10/2019
Key Details
Sold Price $2,180,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SC19140453
Sold Date 07/10/19
HOA Y/N No
Year Built 2016
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Marketing Remarks: Currently in escrow and ready to fall out! Appraised for $2,500,000! Solar ($50,000 PAID for and included), On Demand Hot Water, Tankless Water Heaters, Ductless Heating, built to LEED specs, Passive Solar Design, 18 foot high ceilings, 2 x 6 fully insulated and sound proofed walls, and more! Commercial Zoning. $640 all utilities. 3 Units Projected Income as Vacation Rentals: Unit A/$73,000, Unit B $76,000, Unit C $44,000 per year. Unit A is 1,638 sq ft, $4,000/month, Unit B is 1,820 sq ft, $3,750 per month; Unit C/$2,000 per month, 462 sq ft. Current Leases: $4,000/Unit A, 12 month lease; $3,750/Unit B, Leased until June of 2019; $2,000/Unit C, Leased until November 2020.Make offer. Trades and exchanges? Buyer from June of 2018 paid for an appraisal, her escrow fell out so she could not close at Appraisal Price $2,500,000. Appraisal Priced.
Location
State CA
County San Luis Obispo
Area Ocno - Oceano
Rooms
Ensuite Laundry Inside, Stacked
Interior
Laundry Location Inside,Stacked
Heating Solar, See Remarks, Zoned
Cooling Zoned
Fireplace No
Appliance Dryer, Washer
Laundry Inside, Stacked
Exterior
Fence Block
Community Features Park
Utilities Available Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, See Remarks, Underground Utilities, Water Connected
Waterfront Description Beach Access,Beach Front,Ocean Access,Ocean Front,Ocean Side Of Highway
Roof Type See Remarks
Total Parking Spaces 4
Building
Lot Description Back Yard, Corner Lot, Front Yard, Gentle Sloping, Landscaped, Near Park, Paved, Rectangular Lot
Story 2
Water Public
Others
Tax ID 061011005
Security Features Carbon Monoxide Detector(s),Fire Sprinkler System
Acceptable Financing Cash to Existing Loan, Lease Option, Owner May Carry, Submit, Trade
Listing Terms Cash to Existing Loan, Lease Option, Owner May Carry, Submit, Trade
Financing Cash
Special Listing Condition Standard
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