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770 & 772 Beverly

Nipomo, CA 93444
  • $699,000
  • STATUS: Active Under Contract
  • ON SITE: 141 Days
  • ID#: NS26040720
Under Contract
UPDATED: 59 min ago
$699,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Kyle Perhac of Home & Ranch Sotheby's Intl (805-434-9700)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-20T23:28:35.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Equity Union. Licensed in the State of California, USA.
www.kennyrealestategroup.com/homes/173564827
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770 & 772 Beverly Nipomo, CA 93444

  • Price: $699,000
  • Status: Active Under Contract
  • On Site: 141 Days
  • Updated: 59 min ago
  • ID#: NS26040720
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1964
Built
Neighborhood:
Nipomo(340)
County:
San Luis Obispo
Area:
NPMO - Nipomo
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.
Exterior Features

Entry Level 1 Entry Location Front door Fencing Wood Lot Features Cul-De-Sac Number Of Separate Electric Meters 0 Open Parking Spaces 4 Other Structures Shed(s) Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Roof Flat Spa Features None Spa YN No View Hills View YN Yes

Interior Features

Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Laminate Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 80 Garage YN No Gross Income 27600 Gross Scheduled Income 27600 Insurance Expense 108 Land Lease YN No Laundry Features Laundry Room Levels OneTwo Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 22280 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 1 Operating Expense 5320 Possession Close Of Escrow Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 27600 Trash Expense 65 Water Sewer Expense 190 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-20T23:28:35.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Equity Union. Licensed in the State of California, USA.
 
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Equity Union
860 Walnut St. Ste C
San Luis Obispo CA, 93401
Listing Agent(s): Kyle Perhac of Home & Ranch Sotheby's Intl (805-434-9700)