Welcome to this amazing location in Pismo Beach for a 7-unit apartment building 1/2 block to the boardwalk in Downtown Pismo Beach. One 3 bedroom/2 bath unit, five 2 bedroom/1 bath units and one 1 bedroom. Two of the 2 bedroom/1 bath units have been renovated in 2024. Covered on site private parking with gated entry. On site laundry room, currently coin operated.
Marketing Remarks: great location just a little over a block from the ocean! this could be the coolest property in downtown Pismo. one car garage on the street to store your toys, with 5 residential units. the unit mix is a 1 bed, 3 small studios, and one larger 2nd story studio with a balcony facing the ocean, perfect for an owner user. there is also a large private community patio to chillax and bbq on. this is a little oasis property in the heart of downtown pismo beach!
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.
The median home value in Pismo Beach, CA is $1,200,000. This is higher than the county median home value of $812,000. The national median home value is $338,100. The average price of homes sold in Pismo Beach, CA is $1,200,000. Approximately 49.45% of Pismo Beach homes are owned, compared to 21.46% rented, while 29.09% are vacant. Pismo Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pismo Beach real estate agent to arrange a tour today!
Pismo Beach, California has a population of 8,058. Pismo Beach is less family-centric than the surrounding county with 11.31% of the households containing married families with children. The county average for households married with children is 26.98%.
The median household income in Pismo Beach, California is $94,268. The median household income for the surrounding county is $82,514 compared to the national median of $69,021. The median age of people living in Pismo Beach is 58.2 years.
The average high temperature in July is 73 degrees, with an average low temperature in January of 42.9 degrees. The average rainfall is approximately 19.7 inches per year, with 0 inches of snow per year.