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777-841 Boysen Avenue, SAN LUIS OBISPO, CA 93405

$5,800,000
Property Type: Res Inc Lot Size (sq. ft.): 59,900 Status: Closed
Current Price: $5,800,000 List Date: 4/08/2013 Last Modified: 9/15/2024

Description

Rare find on South Coast. Garden Style, 36 unit apartment community in great condition located in an ideal neighborhood. The property sits on one lot and is comprised of (6) separate buildings. Unit mix consists of (28) 2BD/1BA and (8) 1BA/1BA units. Onsite parking provides (36) garage carport spaces with plenty of street parking. Call for a complete Offering Memorandum.

More Information MLS# 13-1127

Location Info

Country: US Cross Street: Chorro Street District: 97 - OUT OF AREA Street #: 777-841 Street Name: Boysen Street Suffix: Avenue State: CA Postal Code: 93405 County: San Luis Obispo Parcel Number: 052-332-022

Contract Info

Buyers Agent $/%: 2.5 Current Price: $5,800,000 Price: 6000000 Begin Date: 2013-04-08 Status: Closed

Property Information

Year Built: 1953 Stories: 2 Apx Lot SqFt: 59900 Number of Units: 36

Neighborhood/Schools

Elementary School: Other Junior High School: Other High School: Other

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new

Laundry

Laundry Room: 1

Unit 1

# Units: 36 # Bedrooms: 36 # Baths: 36 # Half Baths: 0 Furnished: N Rent: 45700 Monthly Total: 45200

Income/Expenses

Gross Rent Multiplr: 11.35 Proforma Capitalization Rate: 5.65 Proforma NOI: 338,958 Proforma

Zoning

R-4: 1

Terms

Cash: 1 Conventional: 1 OTHER/CLA: 1

Listing Type

ER: 1

Meters

Sep Meter Elec: Y Sep Meter Gas: Yes

Parking Info

Carport: 1 Garage: 1

Status Information

Sold Date: 2013-06-28 Sold Price: $5,800,000 Under Contract Date: 2013-05-02

NeighborhoodSchools

Neighborhood: 05 - Padaro

Property Features

Parking Info: Carport; Garage; Carport Laundry: Laundry Room Zoning: R-4 Terms: Cash; Conventional; OTHER/CLA Listing Type: ER
Listing Office: Radius Group Commercial R.E.
IDX
Last Updated: September - 15 - 2024
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