188 W Tefft Street
Nipomo, CA 93444
- 4 beds
- – baths
- 1,572 sqft
- ~1/2 acre lot
- $429 per sqft
- 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 15, 2025
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MLS# CRPI25078516 —
The Building
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Year Built:1961
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Building Area Units:Square Feet
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Building Area Total:1572
Room Dimensions
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Living Area:1572
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Living Area Units:Square Feet
Location
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Directions:From Tefft go East. On the corner of Mallagh and T
The Property
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Property Type:Residential Income
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Property Subtype:Duplex
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Parcel Number:090131007
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Zoning:CR
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Lot Features:Corner Lot
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Lot Size Area:0.4
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Lot Size Acres:0.4
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Lot Size SqFt:17450
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Lot Size Units:Acres
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:124.06
Beds
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Bedrooms Total:4
The Listing
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Listing Terms:Cash
Appliances
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Laundry Features:Laundry Closet
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Street Parking
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/11/25
Apr 11, 2025
|
Listed / Active | BRIDGE | $675,000 |
