Residential Income, California | Page 1-001-11-30T00:00:00-08:00
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Los Olivos, 2910 HWY 154

Price: $5,500,000
Units Total: 9
Lot Size: 349,787
Living Area: 0
Year Built: 1925
Parking: 0
Days on Market: 14
Description: Auberge Los Olivos is an extraordinary and irreplaceable compound comprised of 7 residence homes and 2 additional structures which are over-the-top amazing. Each cottage in this private, gated ranch has been meticulously restored to perfection weaving together the original rustic charm with contemporary designer finishes and modern conveniences. Waterworks’ fixtures and hardware, kiln dried reclaimed wood, hand painted beams, and high-end tile and appliances were used during the extensive renovation / restorations. Each structure has its own unique charm and character which was derived from original details found in the 1920’s construction and emphasized during restoration. The aesthetic of the lifestyle made this property incredibly sought after by guests for weddings, family gatherings, and events with a location that cannot be beat.

5285 Huasna Townsite Road

Price: $5,500,000
Units Total: 3
Lot Size: 13,068,000
Living Area: 6,810
Year Built: 2012
Parking: 6
Days on Market: 282
Description: Horse Ranch in the Huasna Valley is a 300 acre private and secluded turn-key equestrian property of the highest quality for the owner, breeder, and / or trainer that wants the very best. Equestrian facilities include: large hay barn with vehicle storage / maintenance area; state of the art 10 stall courtyard stable with office and feed / employees rooms; lighted, covered arena with custom irrigated footing; 8 paddocks; 2 run-in barns with feeders; Nelson auto waterers; non-climb fencing; 60 ft. Round pen; and a large 18 acre fenced pasture. Property also has scenic trails. The property was carefully developed to protect and preserve the natural beauty of the land. Two owner / family residences feature custom contemporary architecture with solar design, radiant floor heat, air condition and 2 car garages. Eco friendly materials and energy star appliances are used throughout. A guest / employees apartment with garage and fenced yard is attached to the hay barn. In addition there is an older 3 bedroom / 2 bath home on the property. Other features include 3 wells, 2 original windmills, abundant wildlife. The total square footage is indicated for all structures as well as bedrooms and baths. Just bring your horses! APN 085-012-064 and 065 and 066 plus 085-012-067.

Morro Bay, 210 Barlow Lane

Price: $3,999,999
Units Total: 3
Lot Size: 8,833
Living Area: 5,999
Year Built: 1962
Parking: 3
Days on Market: 92
Description: Get out of the city and unwind in idyllic Morro Bay and find a truly remarkable place where you can relax, entertain, and invest, all in the same property. Perfect for a single family, weekend home, or corporate retreat. This custom-built triplex, constructed with only the finest materials and craftsmanship, offers all things in coastal living in a quaint and picturesque seaside town. Enjoy kayaking, golfing, hiking, sport fishing, sailing, paddle boarding, surfing, and so much more! In the open and airy main residence, enter the large great room featuring soaring wood-beamed ceilings, expansive French doors opening to ocean views and breezes, with full-size dining area and fireplace. Stunning chef’s kitchen, featuring top end appliances and countertop bar, smartly designed to maximize space and convenience. Bonus living area upstairs with built-in office space, room for a professional pool or billiard table, two areas for recreation / game tables and living area with fireplace and TV. Exercise / recreation room downstairs with kitchenette. 5 BR / 3.5BA in main unit, two additional units with 2BR / 1BA each, all with private back patios and garages. All three properties host an ocean view. Walk to town or the Embarcadero. If you’re looking for more activities, explore San Luis Obispo for nightlife (13 mi away), San Simeon and Hearst Castle (30 mi away), Montana de Oro State Park (10 mi away). For the wine connoisseur, Paso Robles (north) and Edna Valley (south) wineries are nearby.

Paso Robles, 717 Creston Road

Price: $3,500,000
Units Total: 8
Lot Size: 18,000
Living Area: 7,200
Year Built: 1986
Parking: 16
Days on Market: 814
Description: Great Opportunity. 8 units, 4 buildings, 8 2 bedroom 1.5 bath units. Professionally managed and maintained with care and concern. All units sold together. Large parking area, covered parking as well. These units have been will cared for by the existing owners. This is a rare find in Paso Robles, with this city not having many rental units. These units are close to schools, shopping and transportation. Great 1031 exchange potential.

Oceano, 1111 Strand Way

Price: $2,750,000
Units Total: 3
Lot Size: 5,980
Living Area: 3,869
Year Built: 2016
Parking: 6
Days on Market: 13
Description: Walk onto the beach! One of a kind opportunity to own a triplex with commercial zoning on the sand of Oceano dunes and beach. Ocean views, walk out the front door and onto the beach! Built in 2016, this property boasts granite countertops, vaulted ceilings, laminate flooring, soundproofing, outdoor decks, master suites, fireplaces and open concept floor plans. Unit mix consists of 1/1,2/2, and 2/2 with additional loft. Currently units are standard rentals but could be converted to vacation rentals. Live in one and rent out the others. Seller will guarantee rents for 1 year, this is a great opportunity to ensure a return on investment.

Cayucos, 20 South Ocean Avenue

Price: $2,600,000
Units Total: 8
Lot Size: 7,116
Living Area: 2,660
Year Built: 1952
Parking: 7
Days on Market: 55
Description: For Sale! Cayucos Motel – Southwest corner of South Ocean Ave and E Street downtown Cayucos by the Sea – 8 total rooms – 5 with King beds – 1 with a double bed and a twin bed – 1 two bedroom with a Queen bed and two twin beds – 1 with Queen bed – 7 on site parking spaces – Please note, new price is for the Motel and the street to street lot it is situated on APN #064-102-032. APN #064-102-031 corner lot is NOT FOR SALE AT THIS TIME.

Goleta, 6680 Sabado Tarde Road

Price: $2,500,000
Units Total: 4
Lot Size: 9,582
Living Area: 0
Year Built: 1959
Parking: 0
Days on Market: 77
Description: We are proud to present four units located at 6680-6684 Sabado Tarde Road in Goleta, California. The offering sits on 9,583 sq.ft of land with approximately 3,300 sq.ft of rentable area and consists of 4- two bed / one bath units. The property features new water heaters, new double pane windows, all copper plumbing, etc. 6680-6684 Sabado Tarde is located just one block from the famed Del Playa Drive, the hub of all things social in the Isla Vista community. Well located, the offering is proximate to UCSB, restaurants, retail, and community attractions. Leased primarily to the student population, the property offers high unit turnover year over year. This allows an investor to cash flow at market rents for the duration of ownership beginning at the first lease-up date.

Arroyo Grande, 407 El Camino Real

Price: $1,900,000
Units Total: 1
Lot Size: 12,700
Living Area: 6,000
Year Built: 1986
Parking: 10
Days on Market: 134
Description: 6,000 square foot Inn on 1/3-acre just outside the Village of Arroyo Grande. Property has 7 large guest suites each with private bath as well as a 2 bed 1 bath optional live-in quarters. The ground level of the property opens to wonderfully landscaped gardens and includes a full kitchen and 2 large common areas that could easily serve as a full service restaurant / bar / lounge. The property is impeccably maintained and ready for someone to step in and start doing business immediately. Excellent freeway visibility! This is a must see property as the pictures just do not do it justice. Park in the parking lot located at 210 Oak St and walk through the gardens to get a feel for the potential here!

Morro Bay, 630 Embarcadero

Price: $1,900,000
Units Total: 4
Lot Size: 7,583
Living Area: 4,300
Year Built: 1993
Parking: 7
Days on Market: 91
Description: Morro Bay Embarcadero, Rock view-” Fee Simple” 7,535 #Lot. The listing price includes: A turn-key local favorite second story Japanese restaurant with an elevator and a large outside walk in refrigerator. Down stairs there is a 500 #office / gift shop. The back building duplex has a downstairs 1 bed / 1 bath and upstairs 2 bed / 2 bath unit has a view of Morro Rock a and the Bay. No worries about parking since it includes three onsite parking spaces plus a single car garage.

Cayucos, 3192 Ocean Boulevard

Price: $1,695,000
Units Total: 4
Lot Size: 6,600
Living Area: 3,680
Year Built: 1960
Parking: 3
Days on Market: 535
Description: 4-Plex- Get it while you can! Vacation Rental License in hand. Major Head to Toe Renovation on this Panoramic Ocean View 4 Plex! (3) Two Bedrooms and Studio. Top 2 Units have excellent views! This is a very flexible investment opportunity to park some 1031 $$$. ALL units have been upgraded in some manor, everything resurfaced, three carports were enclosed to garages, and overall functionality brought back to the property! Property is on a Corner Lot with Side Street access for garages and extra parking. Location for a Vacation Rental is great! Just down the street is a traffic light crossing to the beach! A large Two Bedroom Unit to the South is the premiere Unit, Wide and Open with View Deck. The North Unit Offers similar Views! The Lower Two Bedroom is more a private unit with large porch and faces the back yard. There is a front Studio Apt with enclosed private outdoor space. All the Two Bedrooms have interior Laundry. In between the units are two community rooms or additional storage areas ( $$$). The yard space offers plenty of room for community gardening or as seen fit. Two large storage sheds are also included. Seldom does a property with these views and income producing functionality come to market! Get some income and enjoy Cayucos!

Pismo Beach, 340 Park Avenue

Price: $1,599,900
Units Total: 5
Lot Size: 10,000
Living Area: 575
Year Built: 1946
Parking: 6
Days on Market: 240
Description: Unique Opportunity to Own a Slice of Downtown Pismo Beach! Just 3 blocks to the Beautiful, Blue Pacific Ocean, these types of properties do not come along very often. This property is zoned mixed use, and has a commercial building as well as two adorable bungalows. The lot is approximately 10,000 sq.ft with plenty of room for parking. Check with the city for possibilities.

Oceano, 1258 Strand Way

Price: $1,599,000
Units Total: 1
Lot Size: 1,600
Living Area: 3,120
Year Built: 1991
Parking: 2
Days on Market: 116
Description: GORGEOUS Ocean Front Condo and Licensed Vacation Rental! This is a popular rental with a great income and many return guests. This great condo features 2 Living areas, 2 main level ocean-front patios and 2 upper level ocean-front balconies. On the main level you will enjoy the large Family Room with adjacent Kitchen and Dining areas, all with ocean views! Walk outside to the patios with direct beach access, perfect for BBQing and entertaining. Also on the main level are 2 large Guest Bedrooms and a Full Bathroom. As you walk up the stairs you’ll find the 2nd Living Room area with a wet bar and ocean-view balcony. You will be impressed by the expansive Master Suite and Bathroom with its own balcony to enjoy a cup of coffee in the mornings. Each unit comes with 2 parking spaces in the gated underground garage. This is your chance to relax on the beach or use as a GREAT INVESTMENT PROPERTY!

Goleta, 6746 DEL PLAYA Drive

Price: $1,395,000
Units Total: 2
Lot Size: 4,792
Living Area: 0
Year Built: 1958
Parking: 0
Days on Market: 77
Description: We are proud to present two units located at 6746 Del Playa Drive in Goleta, California. The offering sits on 4,791 sq.ft of land with approximately 1,600 sq.ft of rentable area and consists of 1- two bed / one bath and 1- two bed / one and a half bath units. The property features a brand new kitchen (front unit), newer kitchen (back unit), private access to attached garage (back unit), new double pane windows, all copper plumbing, etc. 6746 Del Playa is located on the most desirable street in Isla Vista with unobstructed views of the ocean and easy access to the beach. Well located, the offering is proximate to UCSB, restaurants, retail, and community attractions. Leased primarily to the student population, the property offers high unit turnover year over year. This allows an investor to cash flow at market rents for the duration of ownership beginning at the first lease-up date.

Morro Bay, 690 Driftwood Street

Price: $1,375,000
Units Total: 2
Lot Size: 5,663
Living Area: 2,723
Year Built: 1952
Parking: 3
Days on Market: 79
Description: Don’t miss this rare opportunity to own not one but two LICENSED vacation homes on one amazing lot in desirable Morro Heights, walking distance to the Embarcadero, restaurants and the beach! With incredible views of the rock and bay enjoy a glass of wine while watching the nightly sunsets from the second level balcony. 686 Driftwood is an architect-designed home built in 2005, featuring nearly 1700 sq.ft of living space with 2 beds, 2 baths and a den that could make a great office or additional bedroom. Features include vaulted ceilings, double-sided gas fireplace, an upgraded kitchen beautifully appointed with cabinet faced refrigerator and dishwasher, dual fuel range and granite counters. The master suite has a double-sided gas fireplace and an elegant bathroom with travertine tile, walk-in glass shower and a skylight that brings in sun or moonlight while soaking in the jetted tub. Both levels feature covered outdoor living rooms with the feel of the tropics from the surrounding yard. Also with amazing rock and bay views, the charming, single level beach cottage at 690 features a remodeled kitchen, hardwood floors and great picture windows. Both homes are fully fenced for privacy with outdoor space to relax in after a day at the beach. Additional features include garage space for 3 cars, tons of parking and even solar. With a long wait list for vacation rental permits in the City of Morro Bay, this is truly a special opportunity for income or an extended family getaway at one great price!

Lompoc, 526 North L Street

Price: $1,375,000
Units Total: 6
Lot Size: 6,970
Living Area: 4,926
Year Built: 1965
Parking: 4
Days on Market: 56
Description: Recession resistant 6plex in Lompoc. Most units are rented as Section 8 which provides for the Housing Authority to pay rent directly into your account! Building has newer roof and 6 generously sized units, including (4) 3Bed / 2Bath and (2) 2Bed / 2Bath. Downstairs units have private patios, while upstairs units have high, open beam ceilings. All units have dual pane windows and are separately metered for electricity and gas. Building has new roof, fascia, gutters, and new exterior paint.

Los Osos, 951 Santa Ynez Avenue

Price: $1,350,000
Units Total: 5
Lot Size: 12,500
Living Area: 4,400
Year Built: 1970
Parking: 10
Days on Market: 33
Description: Turn key 5 unit rental property in Los Osos. Strong rent roll with room for improvement. Each unit consists of 2 bedroom 1 bath and approximately 850 sq’. End unit on Left is slightly larger with large walk-in pantry and is approximately 1,000 sq’. Property was extensively remodeled in 2013-14 by previous owner with updated kitchens and windows. Most of the electrical was updated at that time and new baseboard heaters were installed throughout. Each unit is individually metered for water and electricity, there is no gas available. Roof was replaced in November of 2019. New washers and dryers are leased. Owner pays for trash, landscape, water and electricity to laundry room. Current rent is $7,800 per month.

Morro Bay, 706 Marina Street

Price: $1,325,000
Units Total: 2
Lot Size: 6,000
Living Area: 3,478
Year Built: 2003
Parking: 4
Days on Market: 29
Description: Price + Location + Versatility=Big Value: Two Spacious Custom-Crafted Bay and Ocean View Homes at 706 and 726 Marina Street nestled on one lot in the desirable Heights area of Morro Bay. Options abound with identical 3-bedroom / 3-bath / 1,739 square foot floor plans, built in 2003 featuring 2nd story view decks, great rooms with fireplaces, master bath dual sinks, vaulted ceilings, custom oak cabinetry, 2-car garages, indoor laundry facilities, separate utility meters, and low-maintenance landscaping. Well maintained by original owner / builder with recent pest and home inspections completed and available. Art galleries, restaurants, theater, state park, golf, tennis, kayaking, beach, and hiking trails close by. Great primary residence and / or 2nd home with rental income, or reinvestment 1031 exchange. Virtual Tour Available 24/7, Link: https: / / trimotionmedia. Hd. Pics / 706-726-Marina-Street / idx

Nipomo, 695 Hill Street

Price: $1,299,000
Units Total: 2
Lot Size: 116,741
Living Area: 0
Year Built: 1984
Parking: 2
Days on Market: 128
Description: Attention Developers! Enjoy great income until ready to build! This beautiful 2.68 acre parcel in Nipomo includes a proposed development map of 21 separate PUD units, Intent to Serve letter from NCSD water company and 2 separate homes on the property which are currently rented for a total of $3500 per month. This is a rare opportunity to collect significant income while fine-tuning and building out your new development! Current zoning is residential multi-family so you are ready to go! Nipomo has been advertised as having the best weather in the US. Close to beaches, shopping, hospitals, schools and easy route to highways. Property is on the corner of Hill St and Blume St. Addresses of the homes are 247 Blume and 695 Hill.

San Luis Obispo, 1263 Pismo Street

Price: $1,299,000
Units Total: 2
Lot Size: 7,000
Living Area: 2,600
Year Built: 1930
Parking: 2
Days on Market: 33
Description: A taste of San Francisco in Downtown SLO! Freshly renovated with all new paint and decor this 4 bedroom and 3 bath Main home gives you lots of options. Plus the large studio over the detached 2 car garage can provide additional income or serve as guest quarters. The upstairs Master Suite also has a private entrance if you desire. Easy access to downtown and everything else San Luis Obispo is known for, wineries, beach, and restaurants. New tenants to be moving in shortly. Information not verified.

Pismo Beach, 400 Stimson Avenue

Price: $1,295,000
Units Total: 2
Lot Size: 3,750
Living Area: 0
Year Built: 1947
Parking: 2
Days on Market: 116
Description: Great opportunity to own this beautiful TURNKEY duplex in downtown Pismo Beach! This opportunity does not come along very often. Located just 3 blocks to the beautiful Pacific ocean. Also short walking distance to all of the shops and restaurants. Property is zoned with mixed use. Buyer to check with the City for possibilities. An EXCELLENT investment consisting of 2 fully furnished units. These units function year round or short term vacation rentals. Don’t let this one pass you by.

Nipomo, 480 Amado Street

Price: $1,200,000
Units Total: 9
Lot Size: 69,696
Living Area: 0
Year Built: 1950
Parking: 0
Days on Market: 242
Description: Nipomo 1.6 Acre Parcel With 9 Separate Rental Units; 8 Houses And 1 Mobile Home. Property Also Generates Billboard Income. All Rental Unit Properties Are Grandfathered Status. Rental Unit Properties Can Be Repaired But Not Replaced. Prime Billboard Location Next To 101 Freeway.

Santa Barbara, 1411 Valerio Street

Price: $1,199,000
Units Total: 2
Lot Size: 6,534
Living Area: 0
Year Built: 1959
Parking: 1
Days on Market: 391
Description: House with Large guest apartment! Located in lush, desirable neighborhood on the North side of the Mesa (Alta Mesa / Upper Westside). Main house rented for $3495 and the guest apartment for $2045. Main house is 3 bedrooms, 2 baths. The guest apartment is 1 bedroom, 1 bath. Both can be easy recombined into a single, large home. The main house has beautiful rustic vaulted ceilings throughout. Granite counter tops in the bathrooms and kitchen. Guest apartment has granite counters in kitchen and bathroom, porcelain white sink and oversized faucet in the kitchen, and updated appliances. Beautiful views from all windows in the guest apartment’s master bedroom. Shown only to qualified buyers with 48 hours’ notice.

Santa Maria, 401 Tiffany Drive

Price: $1,110,000
Units Total: 4
Lot Size: 2,179
Living Area: 4,646
Year Built: 1987
Parking: 10
Days on Market: 63
Description: Attractive fourplex, with 4 APNs, constructed and mapped as condominiums but have always been operated as apartments townhomes. Unit mix is (1) 3Bed / 1.75Bath unit and (3) 2Bed / 1.5Bath units. Each unit features gas appliances, central heating, laundry hookups, private back patio, and a 2-car garage. All are separately metered for electricity, gas, and water. The property is located in a park-like setting within a desirable residential neighborhood. New roof and exterior paint.

673 Santa Rosa Street

Price: $1,070,000
Units Total: 3
Lot Size: 7,000
Living Area: 2,380
Year Built: 1940
Parking: 2
Days on Market: 321
Description: SELLER WANTS THESE SOLD TODAY! 3 UNITS! Attention Investors! Trust Sale! Good Condition! Turn Key Investment. Low maintenance, DRASTIC PRICE REDUCTION! UNDER MARKET VALUE! Over $300,000 + renovation completed in 2016. Live in 1, rent out 2 or rent all 3 for great income. Conveniently located is this remodeled Triplex walking distance to Cal Poly, Downtown, and Santa Rosa Park. Items completed in the past 4 years include New Roof, New Windows, Wall Heaters, Plumbing, Electrical, Cabinets, Appliances, Paint, Flooring and refinished hardwood, plus many more repairs and upgrades (itemized list attached). Laundry hookups. Unit configuration is Two (2) attached 2 bedroom, 1 bath, 840 sq. Ft. Units + a detached 700 sq. Ft, 2 bedroom, 1 bath above garage / carport / bonus room (see photos). There is a 300 sq.ft. Bonus room (see photos). Electric and Gas are separately metered. $5,800 month income (below market). Block exterior on front 2 units. This unique location is zoned “O” office. Section 1 work on Pest Inspection completed.