770 & 772 Beverly, Nipomo, California 93444, Nipomo, 93444 - 0 bed, 0 bath
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Nipomo, California 93444
Analysis of 770 & 772 Beverly, Nipomo, California 93444 is currently available with a list price of $699,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Nipomo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations that address both cosmetic and major systems. Upgrades include new PEX water lines, ABS drains, updated electrical panels with GFCI/AFCI protection, new windows, and a new furnace. The interiors feature modern luxury vinyl plank flooring and new cabinetry, effectively bringing the 1964 structure up to contemporary standards with no deferred maintenance.
The property offers a projected 8.0% CAP rate with a combined potential monthly income of $4,900, representing an exceptional return on investment for the Central Coast region.
Comprehensive recent improvements including new PEX water lines, ABS drains, updated electrical panels, and new windows significantly reduce immediate capital expenditure and maintenance concerns.
Unlike typical multi-family setups, both units feature completely separate entrances, independent driveways, private laundry facilities, and individual yards, which commands higher rental demand.
Built in 1964, the property may still harbor original structural components or insulation standards that lag behind modern building codes despite the extensive utility and cosmetic updates.
The 2-bedroom, 1-bathroom layout for both units may restrict the tenant pool to smaller households, potentially limiting long-term appreciation compared to properties with larger family-sized units.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.5 | 50% |
| Baths | 0.0 | 1.0 | 50% |
| Square foot | 1,918 | 1,443 | 50% |
| Lot Size | 6,098 | 11,347 | 50% |
| Price | $699.0K | $589.5K | 50% |
| Price per sq ft | $364 | $430 | 50% |
| Built year | 1964 | 1962 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 65 | 50% |
Apr 15, 2026
$699,000
$710,000
-2% Price Drop
Initial Listing
Mar 1, 2026
$710,000
Initial Listing
May 6, 2022
$316,000
Public Record
Nov 17, 2009
$122,000
Public Record