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230 Stimson , Pismo Beach, CA 93449
Priced at Only: $2,999,990
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Address: 230 Stimson , Pismo Beach, CA 93449
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  • MLS#: PI26004658 ( Commercial/Residential )
  • Street Address: 230 Stimson
  • Viewed: 2
  • Price: $2,999,990
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1941
  • Bldg sqft: 0
  • Days On Market: 52
  • Additional Information
  • County: SAN LUIS OBISPO
  • City: Pismo Beach
  • Zipcode: 93449
  • Subdivision: Pismo Beach (360)
  • Provided by: Century 21 Masters-Arroyo Grande
  • Contact: James James
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
Features
Building Area Total
  1. 3998.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Cooling
  1. None
Country
  1. US
Days On Market
  1. 45
Electric Expense
  1. 0.00
Entry Location
  1. 1st
Fireplace Features
  1. None
Fuel Expense
  1. 0.00
Garage Spaces
  1. 4.00
Heating
  1. Natural Gas
  2. Wall Furnace
Insurance Expense
  1. 0.00
Laundry Features
  1. In Carport
Lot Features
  1. 6-10 Units/Acre
Netoperatingincome
  1. 128000.00
Parcel Number
  1. 005136003
Parking Features
  1. Assigned
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 454288208:CRM
Subdivision Name Other
  1. Pismo Beach (360)
Taxblock
  1. 15
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Gas
Totalexpenses
  1. 41829.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1941
Year Built Source
  1. Estimated
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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