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230 Stimson Avenue

Pismo Beach, CA 93449

– beds
– baths
– sqft
10,875 sqft lot
1950 build
– on site

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.

Listed By CRMLS_CA / James Kelsey / Century 21 Masters-Arroyo Grande / 805-709-4828

Last checked: Checking… • Last updated Mar 18, 2025 •

MLS# PI24153716 —

The Building

Year Built:

1950
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

4000.00
Building Area Units:

Square Feet
Total Number Of Units:

7
# of Buildings:

5
Roof:

Asbestos Shingle
Stories Total:

2
Entry Level:

1
Common Walls:

1 Common Wall
# of Separate Gas Meters:

6
# of Separate Water Meters:

1
# of Separate Electric Meters:

6

Interior

Entry Location:

1
Fireplace:

No
Fireplace:

None
Laundry:

Washer Hookup
Laundry:

1

Location

Directions:

101 S to Pismo Beach exit, follow Dolliver to Stimsonright to property on the left
Latitude:

35.13870900
Longitude:

-120.64002400

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

R4
Lot Features:

11-15 Units/Acre
Lot Size Area:

10875.0000
Lot Size Acres:

0.2497
Lot Size SqFt:

10875.00
Lot Size Source:

Assessor
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

15
Tax Census Tract:

117.04
Tax Lot:

6

The Listing

Special Listing Conditions:

Standard
Parcel Number:

005136003

Heating & Cooling

Heating:

1
Heating:

Ductless, Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Utilities:

Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Sewer:

Public Sewer
Water Source:

Public

The Community

Subdivision:

Pismo Beach (360)
Subdivision:

Pismo Beach (360)
Features:

Curbs, Street Lights
Pool:

None
Waterfront Features:

Ocean Side of Freeway
Senior Community:

No
Private Pool:

No

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

4.00
Garage Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/18/25 Mar 18, 2025	Price Changed	CRMLS_CA	$3,350,000	-4.0%
9/16/24 Sep 16, 2024	Price Changed	CRMLS_CA	$3,490,000	-5.4%
8/2/24 Aug 2, 2024	Price Changed	CRMLS_CA	$3,690,000	-2.9%

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This multifamily located in Pismo Beach, CA 93449 is currently for sale for $3,350,000. 230 Stimson Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 243 days. This multifamily is in the attendance area of Shell Beach Elementary School, Arroyo Grande High School, and Judkins Middle School.

Listing Courtesy of: CRMLS_CA and Century 21 Masters-Arroyo Grande. Based on information from California Regional Multiple Listing Service, Inc. as of 00:02 on Mar 26.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.