Property Details
About this Property
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.
MLS Listing Information
MLS #
CRPI24153716
MLS Source
California Regional MLS
Days on Site
150
Interior Features
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Shingle
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 4 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 6 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
230 Stimson Ave is a Residential Income in Pismo Beach, CA 93449. This – square foot property sits on a 10,875 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,490,000 and was built in 1950. This address can also be written as 230 Stimson Ave, Pismo Beach, CA 93449.
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This listing information is up-to-date as of December 19, 2024. For the most current information, please contact James Kelsey
