6 Unit Apartment Complex off scenic highway 1 located in gorgeous San Simeon, California down the street from the historic Hearst Castle. The property offers ocean views and sits on a large 1/2 acre of land. Each unit is 840 SF (2 Bed x 1 bath). The rents are $950 per month and has excellent rental history. The owner is placing prperty on water list which may offer new buyer opportunity to add additional units in the future. This is a very rare opportunity to own multi family off the Pacific Coast in California. This are is seeing groth pressure every year as it grows in popularity due to population increases. This is one of the most scenic drives in all of the world and this property is located in the middle.
For more information contact the Agent at:
Phone Number: 805-585-4097
Email: meyerteam@charter.net