Property Description

Welcome to 770 and 772 Beverly! Fully upgraded duplex investment opportunity in Nipomo offering strong income potential and long-term durability. This property consists of two 2-bedroom, 1-bath units with separate entrances, separate driveways, independent laundry facilities and each with their own yard! The lower permitted ADU is currently rented at $2,300/month. The upper unit was previously rented at $2,600, which would give this duplex an 8.0% CAP Rate. Many of the maintenance items have been recently upgraded for peace of mind to the new owners. Both units feature all-new PEX water supply lines and new ABS drain lines, with drainage replaced to the street connection. The lower ADU received a complete electrical replacement including GFCI and AFCI protection. The upper unit includes panel upgrades and added GFCI protection. A Sense energy monitor is installed on the downstairs sub-panel for separate usage tracking. The upper unit recent upgrades include new cabinetry, new windows, new furnace with digital thermostat, new water heater and ceiling fan. Both units have waterproof, rubber backed luxury vinyl plank flooring for durability and sound control. If you are looking to invest on the central coast, this is the home for you.

Overview

Property Status

For Sale

Lot Size

6,098 Sq.Ft.

MLS ID

NS26040720

Property Type

Multi-Family

Year Built

1964

Features & Amenities

Total Area

1,918 Sq.Ft.

View Description

Hills

Stories

Water Source

Public

Pool

None

Roof

Flat

Lot Features

Cul-De-Sac

Heat Type

Wall Furnace

Air Conditioning

None

Laundry Room

Fireplace

None

Sewer

Public Sewer

Sales Price

$679,000

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for your interest in 770 & 772 Beverly, Nipomo, CA 93444

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