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    2595 Main Street

    Cambria, CA 93428
    • $2,679,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: V1-4038
    UPDATED: 38 min ago
    $2,679,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Description

    Builder/Developer opportunity! Turn this ugly property into a landmark property.Six single-family water meters serving 1) Main 2 story house which is rented, and 2) 5 cottages (boarded and not rented). Additional 7th meter is a commercial meter servicing hair salon, and is believed to have 1.7 commercial EDUs.Main house has been rented to same tenant for over 20 years and he has never missed a payment. Hair Salon has four more years on lease and tenant has pride in her business and has never missed a payment.All this on an acre of land zoned residential multi-family. A great opportunity to redevelop the property with new homes, or repair the cottages and collect rent.

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    Based on information from CRISNet MLS as of 2021-03-03T07:56:23.737. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-03-03T07:56:23.737. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/114398857
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    2595 Main Street Cambria, CA 93428

    • Price: $2,679,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: V1-4038
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    1930
    Built
    Neighborhood:
    Not Applicable
    County:
    San Luis Obispo
    Area:
    Camb - Cambria
    Property Description
    Builder/Developer opportunity! Turn this ugly property into a landmark property.Six single-family water meters serving 1) Main 2 story house which is rented, and 2) 5 cottages (boarded and not rented). Additional 7th meter is a commercial meter servicing hair salon, and is believed to have 1.7 commercial EDUs.Main house has been rented to same tenant for over 20 years and he has never missed a payment. Hair Salon has four more years on lease and tenant has pride in her business and has never missed a payment.All this on an acre of land zoned residential multi-family. A great opportunity to redevelop the property with new homes, or repair the cottages and collect rent.
    Exterior Features

    Fence YN No Fencing None Lot Features Sprinklers None Lot Size Area 43560.0000 Parking Features None Parking Total 0.00 Parking YN No View None View YN No

    Interior Features

    Appliances None Appliances YN No Common Walls No Common Walls Cooling None Cooling YN No Heating None Heating YN No Laundry Features None Laundry YN No

    Property Features

    Additional Parcels YN No Community Features Urban Gross Income 2900.00 Gross Scheduled Income 2900.00 Insurance Expense 0.00 Land Lease YN No Net Operating Income 2300.00 New Taxes Expense 2200.00 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 7 Number Of Units Leased 2 Operating Expense 500.00 Pool Features None Pool Private YN No Professional Management Expense 0.00 Property Attached YN No Rent Control YN No Senior Community YN No Sewer Public Sewer Spa Features None Spa YN No Special Listing Conditions Standard Subdivision Name Other Not Applicable Tenant Pays All Utilities Total Expenses 0.00 Trash Expense 0.00 Utilities Sewer Connected Water Source Public Zoning Rmf

    Listing provided courtesy of Doug Michie, CA DRE# , of Ventura Realty.


    Based on information from CRISNet MLS as of 2021-03-03T07:56:23.737. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-03-03T07:56:23.737. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377