For more information regarding the value of a property, please contact us for a free consultation.
74 San Francisco Street Avila Beach, CA 93424
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $3,200,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SC22015648
Bedrooms 4
Lot Size 3,000 Sqft
Property Description
First time on the market! A desirable mixed-use investment opportunity in downtown Avila Beach! Located in the Landing Passage development and only four houses from the beach, sits two completely turnkey and licensed vacation rentals and two leased commercial spaces. The larger residence with 1,303 sf is elegantly designed with Cape Cod-style interiors and ocean views, offering 2 bedrooms, 2 bathrooms, 2 fireplaces, laundry closet, 3 balconies, rooftop access, and 2-car attached garage. Below this residential unit sits a commercial space with wood flooring, private office, dry bar, built-ins, and bathroom with shower. Venture across the landing pathway to find an additional commercial space with French doors, fireplace, and bathroom, and an exterior staircase leading to the second vacation rental property. Inside this vacation rental unit you will find travertine flooring, a living room with fireplace, full kitchen, bathroom with stackable washer and dryer, one bedroom with fireplace, and deck. This 1-bedroom residence has one dedicated parking space and storage closet in the gated and secured Landing Passage parking garage. Both vacation rentals are being sold fully furnished with future bookings in place, while the commercial spaces are also leased out until 12/21/2022. Enjoy this property as a secondary home with income from the other units, or live and work in Avila Beach... The opportunities are endless!
First time on the market! A desirable mixed-use investment opportunity in downtown Avila Beach! Located in the Landing Passage development and only four houses from the beach, sits two completely turnkey and licensed vacation rentals and two leased commercial spaces. The larger residence with 1,303 sf is elegantly designed with Cape Cod-style interiors and ocean views, offering 2 bedrooms, 2 bathrooms, 2 fireplaces, laundry closet, 3 balconies, rooftop access, and 2-car attached garage. Below this residential unit sits a commercial space with wood flooring, private office, dry bar, built-ins, and bathroom with shower. Venture across the landing pathway to find an additional commercial space with French doors, fireplace, and bathroom, and an exterior staircase leading to the second vacation rental property. Inside this vacation rental unit you will find travertine flooring, a living room with fireplace, full kitchen, bathroom with stackable washer and dryer, one bedroom with fireplace, and deck. This 1-bedroom residence has one dedicated parking space and storage closet in the gated and secured Landing Passage parking garage. Both vacation rentals are being sold fully furnished with future bookings in place, while the commercial spaces are also leased out until 12/21/2022. Enjoy this property as a secondary home with income from the other units, or live and work in Avila Beach... The opportunities are endless!
Location
State CA
County San Luis Obispo
Area Avila Beach (93424)
Zoning Estimated
Interior
Cooling Wall/Window, Other/Remarks
Exterior
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Others
Acceptable Financing Cash, Exchange
Space Rent $8,333
Listing Terms Cash, Exchange
Read Less
Bought with Kristilyn DeAngelis • Keller Williams Realty