865 Noyes Road Arroyo Grande, CA $ 1,750,000
865 Noyes Road
$ 1,750,000
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865 Noyes Road

Arroyo Grande, CA, 93420
$ 1,750,000
Bedrooms9 Baths6.0 Sq 3,909

Monthly Estimate*

$ 11,631

Listed by Venture Real Estate
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Multi-Family Home for sale in Arroyo Grande, CA

for $1,750,000 with 9 bedrooms and 6 full baths. This 3,909 square foot home was built in 1986 on a lot size of 3.29.

Nestled in Arroyo Grande, California, 865 Noyes Road presents an exceptional investment opportunity, minutes away from Grover and Pismo Beach. Situated in a highly sought-after country coastal neighborhood, this income-producing property boasts three single-story homes on a sprawling ±3.29-acre lot, offering a total building size of ±3,909 square feet. The meticulously designed unit mix includes a two-bedroom/two-bathroom house, a three-bedroom/two-bathroom house, and a four-bedroom/two-bathroom house, each featuring upgraded amenities such as stylish flooring, central air conditioning and heating, washer & dryers, and marble countertops in kitchens and bathrooms. Spanish roof tiles add to the property's Mediterranean charm, while private patios/yards and lush landscaping create an inviting outdoor retreat. With convenient amenities like ample parking, an on-site laundry room, and access to private well-water, 865 Noyes Road promises a seamless living experience for tenants. Find promise in the property's prime location, proximity to amenities, and potential for long-term growth in the San Luis Obispo County real estate market, making it an ideal opportunity for both seasoned investors and home buyers looking to enter the market.

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Multi-Family Active

Price

$ 1,750,000

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Spanish

Lot Size

3.29

Year Built

1986

Town/City

Arroyo Grande

County/Region

San Luis Obispo

MLS | Web ID

SC24070026

Days on Market

72

Features
General
Interior Features HighCeilings
Sewer SepticTank
Heating Central
Cooling CentralAir
Roof SpanishTile
Zoning RS
HOA 0.0
Garage Spaces 2.0
Architectural Style Spanish
Pool Features None
Year Built 1986
View Bluff Hills
Stories 1
Levels One
Property SubType SingleFamilyResidence
Gross Income 141000.0
Community Features Biking
County San Luis Obispo
Net Operating Income 98700.0
Operating Expense 42300.0
Insurance Expense 7000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name East of 101(500)
Garage Y/N Y
Special Listing Conditions Standard
Status ActiveUnderContract
Directions Head West on Noyes Road. Turn right at 865 Noyes Road.
City Arroyo Grande
Entry Location 1
View Y/N Y
Senior Community Y/N N
NumberOfUnitsTotal 3
MLS Area ARRG - Arroyo Grande
Lot Size Units SquareFeet
Lot Size Square Feet 143312.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Listing Terms Cash CashtoNewLoan
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 500.0
Home Warranty Y/N N
Trash Expense 500.0
Water Sewer Expense 500.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 8
Building Area Units SquareFeet
Standard Status ActiveUnderContract
Year Built Source Assessor
Tax Lot D
Property Sub Type Additional SingleFamilyResidence
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Exterior
Parking Features Driveway Garage OnSite
Lot Features Item25UnitsAcre
Water Source Well
Total Parking 2.0
Lot Size Area 143312.0
Number of Buildings 2
Spa N
Building Area Total 3909.0
Lot Size Acres 3.29
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 3
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features LivingRoom
Total Stories 1
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Laundry Features Inside
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 865
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* Excluded Features
List By
Venture Real Estate

Broker

(805) 783-1000

Phone

Affordability Calculator

$11,631
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,631
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2024$1,750,000 Listed Price

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865 Noyes Road, Arroyo Grande, CA, 93420 is a Multi-Family Home for sale at $1,750,000 with 3,909 sqft and a lot size of 3.29. 865 Noyes Road has 9 bedrooms, 6.0 baths, and was built in 1986. The property's zip code is 93420 which is in Arroyo Grande, CA