Price Reduced Listing
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 $2,450, 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.
Details
| MLS # | NS26039347 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1964 |
| Days On Site | 186 |
| Listing Provided By | Home & Ranch Sotheby's Intl | Kyle Perhac |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,918 |
| Story(s) | 2 |
| Units | 2 |
| Acreage | 0.14 |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Cooling Yes / No | No |
| Interior Features | Bedroom On Main Level |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Cul De Sac |
|---|---|
| Fencing | Block, Chain Link, Vinyl, Wood |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Nipomo |
| Zip Code | 93444 |
| Area | NPMO Nipomo |
| Community Name | Nipomo(340) |
| Listing VS Median (in Nipomo(340)) | |
Price: $679,000 low | high Med: $0 On site: 186 low | high Med: | |
Market Activity 93444
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Learn More About This Property
| State | CA |
|---|---|
| County | San Luis Obispo |
| City | Nipomo |
| Zip Code | 93444 |
| Area | NPMO Nipomo |
| Community Name | Nipomo(340) |
| Listing VS Median (in Nipomo(340)) | |
Price: $679,000 low | high Med: $0 On site: 186 low | high Med: | |