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175 Stimson Avenue, Pismo Beach, CA 93449
Priced at Only: $4,275,000
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Address: 175 Stimson Avenue, Pismo Beach, CA 93449
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175 Stimson Avenue
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  • MLS#: PI26024195 ( Apartment )
  • Street Address: 175 Stimson Avenue
  • Viewed: 2
  • Price: $4,275,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1983
  • Bldg sqft: 0
  • Days On Market: 26
  • Additional Information
  • County: SAN LUIS OBISPO
  • City: Pismo Beach
  • Zipcode: 93449
  • Subdivision: Pismo Beach (360)
  • Provided by: Mariani Realty
  • Contact: Robert Robert
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Exceptional coastal investment opportunity just block from the Boardwalk and beach in the heart of Downtown Pismo Beach. This well located 7 unit apartment building offers a strong unit mix consisting of one 3 bedroom/2 bath unit, five 2 bedroom/1 bath units, and one studio, with two of the 2 bedroom units tastefully renovated in 2024. The property features covered, gated on site parking and a convenient coin operated laundry facility, enhancing tenant appeal and operational efficiency. Surrounded by luxury condominiums, retail, and premier coastal amenities, this irreplaceable location offers exceptional walkability and long term upside, including potential opportunities for condo conversion or short term rental use, subject to buyer verification with the City of Pismo Beach.
Features
Association Fee
  1. 0.00
Building Area Total
  1. 6012.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. None
Country
  1. US
Days On Market
  1. 19
Fireplace Features
  1. None
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 4500.00
Laundry Features
  1. Common Area
  2. Community
  3. Inside
Levels
  1. Two
Lockboxtype
  1. None
Lot Dimensions Source
  1. Public Records
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 221400.00
Parcel Number
  1. 005152019
Pool Features
  1. None
Professionalmanagementexpense
  1. 17903.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 455846148:CRM
Subdivision Name Other
  1. Pismo Beach (360)
Taxblock
  1. 12
Totalexpenses
  1. 27048.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 4645.00
Water Source
  1. Public
Year Built
  1. 1983
Year Built Source
  1. Public Records
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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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