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John Goodell

John Goodell Team
Broker Associate
John Goodell Real Estate
Arroyo Grande, CA 93420

805-481-1000
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Listing 24 out of 117
$2,499,000 For Sale

1688 Quiet Oaks Drive
Arroyo Grande, CA 93420

Multi Family Home
10.88 acres - MLS# PI18085347
Property Photo
1/65

Description

Where do you start on a property like this? This is truly a one of a kind property. Spread out on just under 11 acres stand 5 fully permitted single family homes. The original home is a 5 bedroom, 3 bath 3904 sqft home, with an attached 2 bedroom, 1 bath “apartment” that is included in the square footage. The secondary home is a 3 bedroom, 2 bath, 2500 home (all dirt around this home will be filled with fresh sod in a week or two). Then there are three additional homes spread out amongst the property. The first is a 1 bedroom, 1 bath, 400 sqft home. The second is a 2 bedroom, 1 bath, 900 sqft home. The third is a 1 bedroom, 1 bath, 600 sqft home. Check out the map in the pictures to see the rental income breakdown of all the homes and the total income generated on a yearly basis. Owners have a transfer development credit (TDC) on file with the county so the lot can be split in to two 5 acre parcels. And if split, will be allowed to still build two additional homes. One secondary unit on one and one primary unit on the other. Did I mention the views? Enjoy sweeping views of Laetitia Vineyards all the way to the Pismo Heights and Bishops Peak from three of the residents! The owners used to run an elderly care facility out of the original main 3904 sqft home. Wedding venues, care facility, recovery facilities, the possibilities are endless with this truly one of a kind property. *interior pictures to come shortly!*

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 93420
  • Year Built: 1980
  • Subdivision/Neighborhood: West Of 101(1000)
  • Stories: One,Two
  • # of Parking Spaces: 2.00
  • Fireplace: Wood, Yes
  • Lot Size: 10.88 acres
  • View: See View Details
  • Area: ARRG - Arroyo Grande
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 8304.00
  • Building Area Units: Square Feet
  • Co-Listing Agent License: 01955843
  • Co-Listing Office License: 01971268
  • Community Features: Rural
  • Cooling: Whole House Fan
  • Cooling YN: Yes
  • Country: US
  • Directions: From Los Berros, turn on to Pomeroy, then left onto Quiet Oaks Dr.
  • Door Features: Double Door Entry, French Doors
  • Electric Expense: 7200.00
  • Fence YN: Yes
  • Fencing: Masonry
  • Foundation Details: Slab
  • Fuel Expense: 1200.00
  • Garage Spaces: 2.00
  • Gross Income: 1296600.00
  • Gross Scheduled Income: 129660.00
  • Heating: Central Furnace
  • Heating YN: Yes
  • Insurance Expense: 1000.00
  • Interior Features: Cathedral-Vaulted Ceilings, Ceiling Fan, High Ceilings (9 Feet+)
  • Laundry Features: Individual Room, Inside
  • Laundry YN: Yes
  • Listing Agent License: 01111911
  • Listing Office License: 01971268
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 117980.00
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Operating Expense: 11680.00
  • Parking Features: Assigned, Driveway, Driveway - Asphalt, Driveway - Concrete, Driveway - Gravel, Driveway - Unpaved, Driveway Level, Garage, Garage - Front Entry, Garage - Side Entry, Garage Door Opener, Parking Space
  • Parking YN: Yes
  • Roof: Composition, Shingle
  • Room Type: Den, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Separate Family Room, Walk-In Closet
  • Sewer: Septic Type Unknown
  • Total Expenses: 11680.00
  • Trash Expense: 1080.00
  • Utilities: Cable Available, Electricity Connected
  • View Details: City Lights,Hills,Meadow,Mountain,Panoramic,Pasture,Trees/Woods,Valley,Vineyard, Yes
  • Water Sewer Expense: 1200.00
  • Water Source: Shared Well
Courtesy of Re/Max Del Oro, Hal Sweasey


John Goodell | CA DRE# 00649206 | 805-481-1000 | Contact Me
290 Station Way #A - Arroyo Grande, CA 93420
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