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857 Manhattan Ave
Grover Beach, CA 93433
857 Manhattan Ave, Grover Beach, CA 93433 · Multifamily Property For Sale · 4 Units

Investment Highlights

  • Increase rents from $1400 current AVG to $2200 (market)
  • Capture upside of Grover Beach submarket as it is being gentrified
  • Blocks from The Pacific Ocean

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.16 AC
Building Size 3,468 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 1.15/1,000 SF
Zoning R3 - Residential multi-family zoning. CA-SB9 law states that an owner may build up to 1 additional ADU for every 4 units on the existing property.

Amenities

Unit Amenities

  • Balcony
  • Cable Ready
  • Heating
  • Kitchen
  • Views
  • Yard
  • Handrails
  • Porch
  • Smoke Free

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $2,200 867

Property Taxes

Property Taxes

Parcel Number
060-281-023
Land Assessment
$416,160
Improvements Assessment
$571,907
Total Assessment
$988,067
  • Listing ID: 26940186

  • Date on Market: 10/26/2022

  • Last Updated:

  • Address: 857 Manhattan Ave, Grover Beach, CA 93433

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