29
27
0
0

REMARKS:

Situated at the gateway to Paso Robles, this complex was made famous by Marilyn Monroe & Joe DiMaggio staying here on their honeymoon night when it was a motel! Later converted to a 45 unit apartment complex featuring one bedroom & two bedroom units with a pool. One of the most recognized complexes in the area featuring clean, well maintained units! A sought after location due to easy access to Highway 101 South on ramp and the Niblick Bridge connecting tenants directly to Albertson's, Walmart, Kohl's, Big 5, JC Penney and more! Numerous upgrades including a full repaint in 2018. Onsite managers provide 17 years of complex knowledge. 45 apartment units, onsite manager's unit with connecting manager's office, pool equipment room, separate storage room, and detached four car garage. All units include a refrig and stove. Pool was resurfaced recently. A premier complex in a premier location that qualifies for Opportunity Zone Tax Incentives as designated by Congress in the Tax Cut and Jobs Act to innovate investors! Don't miss your opportunity to buy a great investment!

OVERVIEW:

Residential Income
Active
PRIC - PR Inside City Limit
PR City Limits West(120)
Spanish
1941
88862
2.04
Stucco
Concrete Perimeter
Tile
Storage
4
Wall Heater
Wall Window
Public
Public Sewer
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
2-5 Units/Acre

FEATURES:

2 Staircases, Balcony, Formica Counters, Laminate Counters
Pool
Curbs, Gutters, Sidewalks, Street Lighting, Suburban, Urban
Carbon Monoxide Detector(s), Fire and Smoke Detection System, Resident Manager, Smoke Detector
Private, Fenced, Heated, In Ground, Solar Heat
Garbage Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Screens
Carpet, Laminate
City Lights, Courtyard, Hills, Neighborhood, Panoramic, Pool

ROOM INFO:

Kitchen, Living Room, See Remarks, Utility Room

FINANCIAL:

6950000

Broker Reciprocity Courtesy of Country Real Estate, Inc.

 

Based on information from California Regional Multiple Listing Service, Inc. as of 02/23/2019. 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.

 

©2019  California Regional Multiple Listing Service, Inc.. All rights reserved.