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Updated Residential Income Property
For Sale
$190,000

299-200 S Dolliver St, Pismo Beach, CA 93449

Recently updated interior in a 55+ park across from the beach and near downtown Pismo Beach.

Property Size640 SF
Price / SF$296.88
Days on Market78

Property Features for 299-200 S Dolliver St

General Information

Standard status Active
Size 640 SF
Property subtype Manufactured In Park

Amenities

dog park
clubhouse
community laundry room
bathrooms
Listing Agency: Crystal Cowart, Broker
Listed By: Crystal Cowart
Source: Exprealty
Added: Jul 31 Changed: Oct 3 Last Checked: Oct 15 at 3:31AM

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 Crystal Cowart, Broker

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Investment Insights

Based on property information with market context.

This residential income property has a recently updated interior and is situated within Pismo Dunes Resort, a 55+ park. The community provides a dog park, clubhouse, community laundry room, and bathrooms, along with weekly activities for residents.

The property is located across from the beach at 299-200 S Dolliver St in Pismo Beach. Downtown Pismo Beach, the Pier, and the Monarch Butterfly Preserve are described as within walking distance. The ocean is also noted as part of the surrounding setting.

Key Highlights

  • Recently updated interior
  • Located in Pismo Dunes Resort 55+ Park
  • Across the street from the beach

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,355
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,100 $247.1K
Cap Rate 7%
$176,500 $176.5K
Cap Rate 9%
$137,278 $137.3K
Market Conditions
NOI Build-Up for 640 SF
Gross rent
$23.0K $36.00/SF
− Vacancy
−$576 −$0.90/SF
EGI
$22.5K $35.10/SF
− OpEx
−$10.1K −$15.80/SF
NOI
$12.4K $19.31/SF
Area
San Luis Obispo County, CA
Vacancy
2.50%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,100
Cap Rate 7%
$176,500
Cap Rate 9%
$137,278

Alternative Uses

Best Use
Apartment 5plus
$176.5K
$154.4K – $205.9K (±1% cap)
NOI $12,355 @ 7.0% cap · market cap 6.50%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$251.7K
$220.2K – $293.7K (±1% cap)
NOI $17,619 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick HVAC Service Electrical Service Locksmith Furniture & Home Goods Daycare Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

786
Businesses Nearby

Demographics for 93449, CA

8,096
Population
6,060
Households
1.3
Avg Household Size
55
Median Age
50%
College-Educated
98%
High-School Grad
9.9 sq mi
ZIP Area
818
Density / Sq Mi
$112,913
Median Household Income
$62,440
Median Earnings
$2,298
Median Rent
$992,900
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - Recently updated interior in a 55+ park across from the beach and near downtown Pismo Beach.
Where is this residential income property located?
The property is located at 299-200 S Dolliver St Pismo Beach, CA.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Recently updated interior; Located in Pismo Dunes Resort 55+ Park; Across the street from the beach
More about this property
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