2029 Beebee St

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Address: 2029 Beebee St, San Luis Obispo, CA 93401, USA
Created date: July 26, 2024
Date last updated: September 30, 2024

Don’t miss this opportunity to acquire a well maintained 6-unit apartment building in downtown San Luis Obispo. The property is comprised of (4) one-bedroom units and (2) studio apartments with newer vinyl windows throughout and luxury vinyl plank flooring downstairs. This property has a Walk Score of 83 and Bike Score of 93! Residents can enjoy the downtown restaurants, shops, and clubs as well as grocery stores and other services nearby.

With nearly 30% upside in rents, this property offers the prudent investor lots of opportunity.

Do not go onto property or disturb tenants.  Make offers subject to inspection with proof of funds & prequal letter. Escrow: First American, SLO.   Property info is deemed reliable but not guaranteed. Buyers to do own investigations & satisfy themselves as to property condition and accuracy of information.

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $1,650,000
No. of Units: 6
Cap Rate: 4.59%
GRM /GIM: 13.48
Average Occupancy: 100
Year Built: 1970
Building Size: 3,080 Sq ft
Lot Size: 7,500.00 Sq ft
No. of Stories: 2
APN: 003-721-041
Zoning Code: R-2
Opportunity Zone: No
Price per unit: $275,000
Parking Spaces: 9
Property Website Click Here
Address: 2029 Beebee St, San Luis Obispo, CA 93401, USA

Additional contacts

Full name Phone number Email address
Steven Battaglia 8056885333 [email protected]

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