316 S Halcyon Road

  • Arroyo Grande

  • $2,421,500

Residential Income Details

Total of 8 rental properties including shed/barn structure which generates income for storage. Arroyo Grande (Multi-Residential & Commercial Property) arrives! 5 residences w/three houses, one duplex, & A NEWLY ADDED TWO STORY DREAM BUSINESS STRUCTURE BUILDING FOR TWO BUSINESSES. Separately gas & electric metered. Work your business while rentals subsidize cash flow Includes new buiilt / remodeled buildings, homes & more. Improvements remain beyond fabulous and strategically located across from Arroyo Grande Community Hospital. Please refer to the attachment for future build-outs of duplex, and a medical facility where the eastern-most home currently exists. Total of 24 parking spaces on the property; four covered. Four of the five homes featuring 2 bdrms & 1 bths, the fifth home has 2 bathrooms. All kept in excellent condition. THE BUSINESS / COMMERCIAL PORTION FEATURES TWO PREMIUM BUSINESS SPACES NEWLY BUILT W 2810 ADDITIONAL SF. Total Currently rented for $9424 per month. The total (eight) structures & all are rented with long-term renters at below market values. Possible medical office space, & existing plans for a new two story duplex included with the sale. A lot-split is in the works. All residential units 312,316,320,324 & 328 have washer/dryer hookups gas and electric. Great location! Remember what Mom & Warren Buffet always say: LOCATION, LOCATION, LOCATION! What are you waiting for? Have your agent, write up a complete offer. Perfect landing for a tax-exchange
MLS #PI18145959
Number of Units8
Sale TypeStandard
Listing BrokerageHome Masters Realty
Listing AgentPaul Masters
Listing Agent BRE #01194435
HeatingWall Heater,Natural Gas
Garage Spaces4
AreaARRG - Arroyo Grande
TractWest of 101(1000)
CommunityStreet Lighting
Address316 S Halcyon Road
CityArroyo Grande
CountySan Luis Obispo


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Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, July 4, 2018. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.