Pismo Beach, CA 93449,230 Stimson AVE
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Pismo Beach, CA 93449,230 Stimson AVE
Pismo Beach, CA 93449,230 Stimson AVE
Pismo Beach, CA 93449,230 Stimson AVE
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$ 3,490,000
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230 Stimson AVE Pismo Beach, CA 93449

10,875 Sqft Lot


UPDATED:

12/12/2024 12:50 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPI24153716

Originating Board California Regional MLS

Year Built 1950

Lot Size 10,875 Sqft

Property 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.

Location

State CA

County San Luis Obispo

Area Psmo - Pismo Beach

Interior

Heating Wall Furnace

Cooling None

Laundry 30

Exterior

Parking Features Assigned Spaces

Garage Spaces 4.0

Pool None

Roof Type Shingle

Building

Water District - Public

Others

Tax ID 005136003

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Listed by James Kelsey • Century 21 Hometown Realty, Arroyo Grande Office

Maxwell Dukelow

Agent | License ID: 02113278

+1(408) 508-3200

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230 Stimson AVE