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$3,490,000
148 Days On Site

230 Stimson Avenue
Pismo Beach, CA 93449

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
4,000
SqFt
$873
/SqFt
1950
Built
Subdivision:
Pismo Beach (360)
County:
San Luis Obispo
Listed by James Kelsey of Century 21 Hometown Realty, Arroyo Grande Office [email protected]
Call Now: (805)-771-9779
Is this the home for you? We can help make it yours.
(805)-771-9779
230 Stimson Avenue230 Stimson Avenue230 Stimson Avenue
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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.

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Listing Snapshot
Price 
$3,490,000
Days On Site 
148 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2497 Acres
Year Built 
1950
MLS® Number 
PI24153716
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoPrice changed to $3,490,000
3 months agoListing updated with changes from the MLS®
5 months agoStatus changed to Active
5 months agoListing first seen on site
General Features
Acres 
0.2497
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking 
Assigned
Parking Spaces 
4
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4000
Utilities 
Natural Gas AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedSewer Connected
Water Source 
Public
Zoning 
R4
Interior Features
Fireplace Features 
None
Heating 
DuctlessWall Furnace
Laundry Features 
Washer Hookup
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Exterior Features
Pool Features 
None
Road Frontage 
City Street
Roof 
Asbestos Shingle
Community Features
Building Access 
1
Community Features 
CurbsStreet Lights
Financing Terms Available 
Conventional
MLS Area 
PSMO - Pismo Beach
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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