Hillcrest Ranch is located in one of the strongest rental markets in California. The property is a 4.9 acres and located off the 101 freeway between San Luis Obispo and Avila Beach. The 20 units include a 4 bedroom house, 3- One Bedroom, 3 Studios, 7 Manufactured rental homes, 3 tenant owned homes and 3 spaces currently with RV/Trailers. The property is being scheduled for a replacement of 70% of the gas and electric lines at no cost to the owner. The roads are in bad shape but must wait until the replacement of the gas and electric lines because the will be installing underground lines. The property is served by County Water and Septic. Hillcrest Ranch has a small office and income producing laundry room. The laundry room income is not included in the financials. The House, 2 studios and 3 Manufactured Rental homes have been remodeled.