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230 Stimson, Pismo Beach, CA, 93449
Seven-Unit Multifamily Property

230 Stimson Pismo Beach, CA 93449

For Sale
$2,899,000

Seven-unit multifamily complex with four rentable garages and a fenced front yard.

Days on Market90

Property Features for 230 Stimson

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1941
Listing Agency: Century 21 Masters
Listed By: James Kelsey · License #01354722
Source: Elliman
Added: Apr 28 Changed: Jul 23 Last Checked: Jul 24 at 3:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Masters


Investment Insights

Based on property information with market context.

This seven-unit multifamily property includes three standalone units, a duplex, and two additional units located at the rear of the building. The configuration also features four garages that are rented out, and the property has a fenced front yard.

The complex is described as being one block from the beach and within the downtown core of Pismo Beach. Walk and bike scores are reported as 77 (very walkable) and 74 (very bikeable).

The unit mix includes four 1-bedroom, 1-bath units, one 2-bedroom, 2-bath unit, one 1-bedroom and 2-bath unit, one studio, and a 2-bedroom, 1-bath house. The City is reported to allow up to four short-term rental licenses for the property, and the provided market rents total $18,000 per month.

Key Highlights

  • 7‑unit multifamily complex built in 1941
  • Unit mix includes 4 one‑bedroom/1‑bath units, a studio, and a 2‑bedroom/1‑bath house plus 1 two‑bedroom/2‑bath unit and a 1 two‑bedroom/2‑bath unit
  • Includes a fenced front yard and 4 garages that are rented out

Property Analytics

Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

HVAC Service Electrical Service Locksmith Daycare Center Furniture & Home Goods Carpet & Flooring Store Storage Facility Building Supply Big Box & Wholesale Store Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Seven-unit multifamily complex with four rentable garages and a fenced front yard.
Where is this apartment building located?
The property is located at 230 Stimson Pismo Beach, CA.
What is the asking price?
The asking price for this property is $2,899,000.
What are key features of this property?
This property features: 7‑unit multifamily complex built in 1941; Unit mix includes 4 one‑bedroom/1‑bath units, a studio, and a 2‑bedroom/1‑bath house plus 1 two‑bedroom/2‑bath unit and a 1 two‑bedroom/2‑bath unit; Includes a fenced front yard and 4 garages that are rented out
More about this property
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