About 835 N Grandview Avenue
Rare opportunity to own a solid concrete block 4-plex just minutes from the beach and the Hard Rock Hotel — fully occupied and generating $5,050/month in rental income. Built in 1968 with the durability that only CBS construction delivers, this well-maintained property features one spacious 3BD/2BA unit and three 2BD/1BA units, each with two private entries and its own locked storage unit. All leases are month-to-month with rents currently below market, giving a new owner immediate upside potential. Upper units enjoy private balcony areas, and Unit 3 offers a peek-a-boo ocean view. Additional income streams include an on-site coin laundry (~$200–$300/mo), a rentable one-car garage, and two covered parking spaces. Recent upgrades include 2020 impact windows, storm shutters, new copper A/C refrigerant lines, a new retaining wall, and an irrigation well. Unit 4 (3/2) is fully renovated with all-new vinyl plank flooring and new bathrooms. Units 1 and 2 feature beautiful, durable terrazzo floors. Ideal for the investor seeking immediate cash flow with room to grow, or the savvy buyer who wants to live in the updated 3/2 unit while three rentals help cover the mortgage. Private storage for every tenant, coin laundry on-site, and a coastal location that keeps demand strong year-round. Don't miss this one.
Features of 835 N Grandview Avenue
| MLS® # | NS1088114 |
|---|---|
| Price | $799,000 |
| Bedrooms | 9 |
| Bathrooms | 5.00 |
| Square Footage | 3,886 |
| Acres | 0.24 |
| Year Built | 1968 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Listing Details
| Office | EXP REALTY LLC |
|---|
Listing Map
Neighborhood Information for 835 N Grandview Avenue
Low Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Riverview Learning Center Public - 6Th Grade to 12Th Grade |
0 Miles | |
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Our Lady Of Lourdes Catholic School Catholic - Preschool to 8Th Grade - Closest Elementry School |
0 Miles | |
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Imagination Station Too Montessori Private - Preschool to Kindergarten |
0 Miles | |
|
Ortona Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
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Basilica School Of St Paul Catholic - Preschool to 8Th Grade - Closest Middle School |
2 Miles | |
|
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Friendship Academy Private - Preschool to Preschool |
2 Miles | |
|
Seabreeze High School Public - 9Th Grade to 12Th Grade - Closest High School |
2 Miles |
School data provided by GreatSchools