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Upgraded Duplex Investment Opportunity
For Sale
$679,000

770 & 772 Beverly DR, Nipomo, CA 93444

Nipomo duplex with income potential and recent upgrades.

Property SizeContact for details
Days on Market212

Property Features for 770 & 772 Beverly DR

General Information

Standard status Active
Property subtype Multi Family

Building Details

Year Built 1964
Listing Agency: Home & Ranch Sotheby's Intl
Listed By: Kyle Perhac · License #02003379
Source: Exitrealty
Added: Mar 19 Changed: Oct 3 Last Checked: Oct 2 at 5:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home & Ranch Sotheby's Intl

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Investment Insights

Based on property information with market context.

Located in Nipomo, the property at 770 and 772 Beverly presents a duplex investment opportunity. The property features two units, each containing 2 bedrooms and 1 bath, with separate entrances, driveways, and laundry facilities, and each unit has its own yard. The lower unit, a permitted ADU, is currently rented for $2,300 per month. The upper unit was previously rented at $2,600. Recent upgrades have been made to both units, including new PEX water supply lines and new ABS drain lines, with drainage replaced to the street connection. The lower ADU has 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 also features new cabinetry, new windows, a new furnace with digital thermostat, a new water heater, and a ceiling fan. Both units have waterproof, rubber-backed luxury vinyl plank flooring.

Key Highlights

  • Duplex investment property with strong income potential (8.0% CAP Rate based on previous rents).
  • Two separate 2‑bedroom, 1‑bath units, each with private entrances, driveways, laundry, and yards.
  • Lower ADU currently rented at $2,300/month, providing immediate income.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Auto Repair Shop Building Supply HVAC Service Barber Shop Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

Demographics for 93444, CA

22,293
Population
8,406
Households
2.7
Avg Household Size
45
Median Age
34%
College-Educated
87%
High-School Grad
65.4 sq mi
ZIP Area
341
Density / Sq Mi
$105,655
Median Household Income
$44,920
Median Earnings
$2,034
Median Rent
$746,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Nipomo duplex with income potential and recent upgrades.
Where is this duplex located?
The property is located at 770 & 772 Beverly DR Nipomo, CA.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Duplex investment property with strong income potential (8.0% CAP Rate based on previous rents).; Two separate 2‑bedroom, 1‑bath units, each with private entrances, driveways, laundry, and yards.; Lower ADU currently rented at $2,300/month, providing immediate income.
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