172 Ocean View Ave Pismo Beach, CA 93449
Property Features for 172 Ocean View Ave
General Information
- Lot size
- 0.23 Acres
Building Details
- Year built
- 1928
Source: Battaglia Commercial Real Esta
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Pismo Beach Multifamily Investment Opportunity
This 8-unit multi-family property is located one block from the beach and three blocks south of Pismo Pier. The property spans from Ocean View Ave to Park St and features a mix of two 2-bedroom units, five 1-bedroom units, and one studio unit. The layout includes a 2-story duplex built above three garages, a laundry room, and storage space, along with a single-story 4-plex and two detached cottages, all surrounding a private courtyard. Renovations were completed in 2007. Communal amenities include a patio with a BBQ, tables, chairs, and umbrellas, surrounded by mature palm trees, plus a beach shower. There is also a laundry room, storage area, and an owner's room with potential for ADU conversion, subject to buyer verification. On-site parking includes three 1-car garages and five uncovered spaces. Zoned R4, the property has potential for short-term rentals, which buyers should confirm with the City. The property presents stable income and long-term upside for investors.
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Pismo Beach
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.6403983
- Latitude
- 35.1375231
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 8-unit multifamily property near Pismo Beach and Pismo Pier.
Where is this apartment building located?
The property is located at 172 Ocean View Ave Pismo Beach, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: - Prime location: one block from the beach and three blocks from Pismo Pier.; - Eight-unit multi-family property with a mix of unit types.; - Potential for short-term rentals (buyer to confirm with City).