Contact Xavier Gomez
Schedule A Showing
230 Stimson Avenue, Pismo Beach, CA 93449
Priced at Only: $3,490,000
For more Information Call
Mobile: 714.478.6676
Address: 230 Stimson Avenue, Pismo Beach, CA 93449
Property Photos
Property Location and Similar Properties
- MLS#: PI24153716 ( Apartment )
- Street Address: 230 Stimson Avenue
- Viewed: 10
- Price: $3,490,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1950
- Bldg sqft: 0
- Days On Market: 153
- Additional Information
- County: SAN LUIS OBISPO
- City: Pismo Beach
- Zipcode: 93449
- Subdivision: Pismo Beach (360)
- Provided by: Century 21 Hometown Realty, Arroyo Grande Office
- Contact: James James
- DMCA Notice
-
DescriptionRare 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.
Features
Building Area Total
- 4000.00
Commoninterest
- Community Apartment
Common Walls
- 1 Common Wall
Cooling
- None
Country
- US
Days On Market
- 115
Electric Expense
- 0.00
Fireplace Features
- None
Fuel Expense
- 0.00
Garage Rental Rate
- 125.00
Garage Spaces
- 4.00
Heating
- Ductless
- Wall Furnace
Insurance Expense
- 0.00
Laundry Features
- Washer Hookup
Lockboxtype
- None
Lot Features
- 11-15 Units/Acre
Netoperatingincome
- 134400.00
Parcel Number
- 005136003
Parking Features
- Assigned
Pool Features
- None
Postalcodeplus4
- 2648
Professionalmanagementexpense
- 0.00
Property Type
- Apartment
Road Frontage Type
- City Street
Road Surface Type
- Paved
Roof
- Asbestos Shingle
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 419746600:CRM
Subdivision Name Other
- Pismo Beach (360)
Taxblock
- 15
Tenant Pays
- Electricity
- Gas
Totalactualrent
- 9700.00
Totalexpenses
- 0.00
Trash Expense
- 0.00
Utilities
- Cable Available
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
Views
- 10
Waterfront Features
- Ocean Side of Freeway
Water Sewer Expense
- 0.00
Water Source
- Public
Year Built
- 1950
Year Built Source
- Public Records
Zoning
- R4
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com