230 Stimson Avenue, Pismo Beach, CA 93449 (MLS # PI24153716)

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PRICE $3,490,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 4,000 sqft
LOT SIZE 10,877 sqft

RARE OPPORTUNITY TO PURCHASE THIS LEGACY PROPERTY. IT IS A 7 UNIT MULTI FAMILY COMPLEX, ONE BLOCK FROM THE BEACH, IN THE DOWNTOWN CORE OF PISMO BEACH. THER ARE 3 STAND ALONE UNITS, A DUPLEX, AND 2 UNITS AT REAR OF THE PROPERTY. THERE ARE 4 GARAGES THAT ARE RENTED OUT AS WELL. RENTS ARE BELOW MARKET, BUT HUGE UPSIDE POTENTIAL, WITH THE CITY ALLOWING UP TO 4 SHORT TERM RENTAL LICENSES FOR THE PROPERTY. CURRENT MARKET RENTS TOTAL $18,000 PER MONTH. THE UNIT MIX IS, 4- 1 BED,1 BATH, 1-2 BED, 2 BATH, 1 -STUDIO AND A 2 BED, 1 BATH HOUSE, WITH A FENCED FRONT YARD.THIS PROPERTY WOULD BE A GREAT BEACH GETAWAY, WITH PLENTY OF ROOM TO STORE THE BEACH TOYS AND STILL GENERATE VACATION RENTAL INCOME.

DAYS ON MARKET 103 LAST UPDATED 9/16/2024
TRACT Pismo Beach (360) YEAR BUILT 1950
COMMUNITY Pismo Beach GARAGE SPACES 4.0
COUNTY San Luis Obispo STATUS Active
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Aug 2, '24 $3,799,000
Aug 2, '24 - Sep 16, '24 $3,690,000
Sep 16, '24 - Today $3,490,000


ADDITIONAL DETAILS
AIR None
AREA Pismo Beach
GARAGE Assigned, Yes
HEAT Ductless, Wall Furnace
LOT 10875 sq ft
LOT DESCRIPTION 11-15 Units/Acre
PARKING Assigned
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Pismo Beach (360)
UTILITIES Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Ocean Side Of Freeway
ZONING R4
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Century 21 Hometown Realty, Arroyo Grande Office

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/5/24 5:55 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2024.

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