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Listing 17 out of 94
Sold for $900,000 Sold

1810 Hutton Road
Nipomo, CA 93444

5 units | Multi Family Home
4.72 acres - MLS# SP18296985
Property Photo

Sold

Sold for $900,000 on Mar 1, 2019

Description

Gorgeous acreage property that sits high above the Santa Maria Raceway and Highway 101. 4.72 acres that currently houses a variety of dwellings ranging from houses, manufactured homes, and RV spaces. Property is nonconforming per today's zoning however per the County dwellings are grandfathered in since built before 1960. Property currently brings in $81,840 annually and rents can be raised. Per county current zoning would allow property to be be subdivided into four 1-acre parcels. The property has three wells and four septic tanks.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $1,050,000
  • Zip Code: 93444
  • Year Built: 1945
  • Subdivision/Neighborhood: Nipomo(340)
  • Units: 5 units
  • Lot Size: 4.72 acres
  • Area: NPMO - Nipomo
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Units: Square Feet
  • Community Features: Rural
  • Country: US
  • Directions: 101 to exit 175, right on Cuyama, right on Hutton
  • Electric Expense: 2198.00
  • Gross Income: 81840.00
  • Gross Scheduled Income: 81840.00
  • Insurance Expense: 2359.00
  • Laundry Features: See Remarks
  • Laundry YN: Yes
  • Listing Agent License: 01013696
  • Listing Office License: 01932713
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Area: 205603.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 47710.00
  • New Taxes Expense: 11000.00
  • Number Of Buildings: 7
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 7
  • Operating Expense: 34120.00
  • Selling Agent: Allan Jones
  • Selling Agent License: 001132470
  • Selling Office: Santa Ynez Valley Real Estate
  • Selling Office License: 01132470
  • Sewer: Conventional Septic, Shared Septic
  • Total Actual Rent: 81840.00
  • Total Expenses: 34120.00
  • Water Sewer Expense: 2198.00
  • Water Source: Well
  • Sold Date: 2019-03-01 00:00:00
  • Sold Price: 900000.00
Courtesy of King Properties, Kevin King

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Nancy Puder

Nancy Puder
Certified Senior Housing Professional
Keller Williams Central Coast Realty
Pismo Beach, CA 93449

805-710-2415
Contact Us

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Nancy Puder | CA DRE# 0677873 | 805-710-2415 | Contact Us
350 James Way Suite 130 - Pismo Beach, CA 93449
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