230 Stimson Avenue Pismo Beach, CA 93449

Apartment MLS #: PI24153716 Listed By CENTURY 21 Hometown Realty

$3,490,000

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Estimated monthly payments: $15,256/mo.* (recalculate)
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Property InformationDescription

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

  • Style: Industrial Bldg -Manufacturing

MAP & DIRECTIONS

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230 Stimson Avenue, Pismo Beach, CA 93449
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School Information

230 Stimson Avenue, Pismo Beach, CA 93449

Elementary School
Grades KG-6 | Public School
SHELL BEACH ELEMENTARY SCHOOL
Pismo Beach, CA 93449
2100 Shell Beach Rd
805.­474.3760
Distance: 2.6 mi
School Rating
A-
Student:Teacher Ratio
19:1
Total Students
314
Middle School
Grades 7-8 | Public School
JUDKINS MIDDLE SCHOOL
Pismo Beach, CA 93449
680 Wadsworth Ave
805.­474.3600
Distance: 0.4 mi
School Rating
C+
Student:Teacher Ratio
19:1
Total Students
458
Middle School
Grades 8-12 | Public School
ARROYO GRANDE HIGH SCHOOL
Arroyo Grande, CA 93420
495 Valley Rd
805.­474.3200
Distance: 3.8 mi
School Rating
B
Student:Teacher Ratio
20:1
Total Students
2006
High School
Grades 9-12 | Public School
CENTRAL COAST NEW TECH HIGH SCHOOL
Nipomo, CA 93444
525 N Thompson Ave
805.­474.3350
Distance: 10.7 mi
School Rating
A+
Student:Teacher Ratio
16:1
Total Students
298
Other Nearby Schools Distance Type Grades School Rating
Grover Heights Elementary School 1.3 mi Public KG-6 B-
Grover Beach Elementary School 1.9 mi Public KG-6 C-
Coastal Christian School 1.9 mi Private KG-12
Dandy Lion Montessori School 2.1 mi Private PK-TKG
Ocean View Elementary School 2.6 mi Public KG-6 A-
St Patricks Catholic School 2.9 mi Private PK-8
Oceano Elementary School 2.9 mi Public KG-6 C
Fairgrove Elementary School 3.0 mi Public KG-6 B-
Arroyo Grande Montessori School 3.2 mi Private PK-KG
Harloe Elementary School 3.3 mi Public KG-6 B-
Valley View Adventist Junior Academy 3.3 mi Private KG-10
Paulding Middle School 4.0 mi Public 7-8 B
Mesa Middle School 5.5 mi Public 7-8 C-
Bellevue-santa Fe Charter 5.6 mi Public KG-6 A
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Pismo Beach, CA 93449

Median Age: 56.9
Married: 41%
Number of Households: 4,064
Households with Children: 10.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home