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1120 Maple Avenue

Arroyo Grande, CA 93420
  • $1,699,000
  • STATUS: Active
  • ON SITE: 129 Days
  • ID#: PI23015964
UPDATED: 85 min ago
$1,699,000
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Listing Agent(s): Linda Mcclure of American Property Services (805-489-1236)


Description

Amazing property in great neighborhood of Arroyo Grande. Short blocks from stores, pharmacy, doctors and more. Property can be split and additional units placed upon it. Must check with City to verify. 1120 Maple has a 2 bdr/additional room used as 3rd bdr./1 bath, wood floors throughout, single car garage, huge rear yard with built-in brick b-b-q. Possible additional home could be built in that area, verify with City of Arroyo Grande. Area towards west has huge garage/shop with 2 sets of double roll up doors. Shop floors are amazing. Unit to the rear of the shop is a newly rebuilt 2 bdr home w/carport, laminated floors, custom kitchen and large side yard. Possible to make shop into additional 3 bdr. Check with the city of arroyo Grande.Owner must do a 1031 tax deferred exchange or other form of tax deferment. Income/expense not correct on this form at this time. $ will be presented with valid offer. Owner is willing to carry with $650,000.00 down at 6% amortized over 30 yrs. Buyer must qualify.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T15:33:51.533. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/136548959
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1120 Maple Avenue Arroyo Grande, CA 93420

  • Price: $1,699,000
  • Status: Active
  • On Site: 129 Days
  • Updated: 85 min ago
  • ID#: PI23015964
0
Beds
0
Baths
0
½ Baths
0.39
Acres
1948
Built
Neighborhood:
Ag-East Of Hwy 101
County:
San Luis Obispo
Area:
Ag-East Of Hwy 101
Property Description
Amazing property in great neighborhood of Arroyo Grande. Short blocks from stores, pharmacy, doctors and more. Property can be split and additional units placed upon it. Must check with City to verify. 1120 Maple has a 2 bdr/additional room used as 3rd bdr./1 bath, wood floors throughout, single car garage, huge rear yard with built-in brick b-b-q. Possible additional home could be built in that area, verify with City of Arroyo Grande. Area towards west has huge garage/shop with 2 sets of double roll up doors. Shop floors are amazing. Unit to the rear of the shop is a newly rebuilt 2 bdr home w/carport, laminated floors, custom kitchen and large side yard. Possible to make shop into additional 3 bdr. Check with the city of arroyo Grande.Owner must do a 1031 tax deferred exchange or other form of tax deferment. Income/expense not correct on this form at this time. $ will be presented with valid offer. Owner is willing to carry with $650,000.00 down at 6% amortized over 30 yrs. Buyer must qualify.
Exterior Features

Carport Spaces 1 Carport YN Yes Fencing Average Condition Lot Features 0-1 Unit/AcreDesert FrontFront YardGardenSprinklers In FrontLandscapedLevelNear ParkNear Public TransitPaved Number Of Separate Electric Meters 3 Open Parking Spaces 3 Parking Features CoveredCarportDetached CarportDriveway Parking Total 11 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type MaintainedPaved Roof Slate Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Accessibility Features Parking Appliances BarbecueFree-Standing RangeGas OvenGas Water HeaterRefrigeratorRange HoodSelf Cleaning OvenWater Heater Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Flooring LaminateWood Heating CombinationFireplace(S)Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)Phone SystemAll Bedrooms DownAtticBedroom On Main LevelMain Level MasterWorkshop Window Features Double Pane WindowsWood Frames

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalksPark Contingency 1031 Tax Deferred Exchange Electric Electricity - On Property Electric Expense 200 Fuel Expense 0 Garage YN Yes Gross Income 28200 Gross Scheduled Income 55200 Insurance Expense 750 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer HookupIn Garage Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 ExchangeOwner Will CarrySubmitTrust Conveyance Net Operating Income 28200 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Operating Expense 24000 Possession Negotiable Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tenant Pays All UtilitiesCable TvElectricityGasSewerTrash CollectionTelephoneWater Total Actual Rent 31300 Trash Expense 0 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T15:33:51.533. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Linda Mcclure of American Property Services (805-489-1236)