230 Stimson Avenue

Pismo Beach, CA 93449

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,000 Sqft
  • 10875
    Sqft(Lot)
$3,490,000

Description

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.

  • Property Type

    Residential Income

  • Subdivision

    Fallbrook

  • County

    San Luis Obispo

  • Style

    Residential Income

  • AD ID

    46483708

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Asbestos Shingle
    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Ductless,Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1950
    • Building Area Total: 4,000
    • Roof: Asbestos Shingle

    Pool Features

    • None

    Laundry Features

    • Washer Hookup

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2497
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 10875

  • Listing Price Information

    • Original List Price: 3,490,000
    • Listing Contract Date: 2024-07-26

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 005136003

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: PSMO - Pismo Beach
    • Postal Code Plus 4: 2648
    • Directions: 101 S to Pismo Beach exit, follow Dolliver to Stimsonright to property on the left
    • Zoning: R4
    • Source Property Type: Residential Income
    • Area: PSMO - Pismo Beach
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 74
    • Common Walls: 1 Common Wall
    • Structure Type: Apartment
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
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BuyOwner last updated this listing 11/15/2024 @ 00:37

  • MLS: PI24153716
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 4,000 sqft, 10,875 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Pismo Beach , in zip code 93449, this San Luis Obispo County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.