188 W Tefft Street
Nipomo, CA 93444
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1961 build
- – on site
Duplex on Commercial Lot with Development Potential! Welcome to this unique investment opportunity located on a high-visibility corner lot along bustling Tefft Street in Nipomo. This "grandfathered-in" duplex features (TWO) 2 bed/1 bath units on a spacious lot with room for an additional ADU. Zoned for commercial use, this property presents endless potential while currently generating rental income as a duplex. The highest and best use may be redevelopment into a mixed-use building, with commercial suites on the ground floor and residential units above—maximizing both exposure and revenue on this prime corner parcel. Whether you’re an investor, developer, or owner-user, this is a golden opportunity to secure a rare property in a high-traffic location. Don’t miss out—opportunities like this don’t last long! The property can NOT do conventional financing, however the seller is willing to seller finance. Call to discuss seller financing options.
Last checked:
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Last updated Apr 14, 2025
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MLS# PI25078516 —
The Building
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Year Built:1961
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:1572.00
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Building Area Units:Square Feet
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Total Number Of Units:2
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# of Buildings:1
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Stories Total:1
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Entry Level:1
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Common Walls:1 Common Wall
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# of Separate Gas Meters:2
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# of Separate Water Meters:1
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# of Separate Electric Meters:2
Interior
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Levels:One
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Entry Location:Street
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Laundry:In Closet
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Laundry:1
Location
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Directions:From Tefft go East. On the corner of Mallagh and Tefft
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Latitude:35.04165600
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Longitude:-120.47823700
The Property
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Property Type:Residential Income
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Subtype:Duplex
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Zoning:CR
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Lot Features:Corner Lot
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Lot Size Area:17450.0000
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Lot Size Acres:0.4006
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Lot Size SqFt:17450.00
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Lot Size Source:Assessor
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Exclusions:Refrigerator, Washer, Dryer and microwaves are owned by tenant
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:2
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Tax Census Tract:124.06
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Tax Lot:3
The Listing
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Special Listing Conditions:Trust
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Parcel Number:090131007
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Nipomo(340)
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Subdivision:Nipomo(340)
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Features:Foothills
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Inclusions:Stove
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:No
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Parking:Street
Extra Units
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Average 2 Bed Area:786
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/10/25
Apr 10, 2025
|
Listed / Active | CRMLS_CA | $675,000 |