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Single-Level Duplex Property
For Sale
$730,000

738 Vista Pacifica Pismo, Pismo Beach, CA 93449

Residential income property featuring a two-bedroom residence, attached garage, fireplace, and rear patio in Pismo Beach.

Property Size1,147 SF
Lot Size0.11 Acres
Price / SF$636.44
Days on Market99

Property Features for 738 Vista Pacifica Pismo

General Information

Standard status Active
Size 1,147 SF
Total Parking Spaces 2
Lot size 0.11 Acres
Property subtype Single Family Detached

Property Condition

Severity Repairs Needed
Evidence ready for a buyer’s personal updates

Additional Details

Highway Access Yes
Multifamily Units 1

Amenities

fireplace
rear patio
Fireplace
Central Air
Forced Air

Building Details

Year Built 1985
Buildings 1
Stories 1
Listing Agency: Avila Beach Realty Inc.
Listed By: Patrick Smith
Source: Kw
Added: Jul 10 Changed: Oct 15 Last Checked: Oct 14 at 10:06PM

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 Avila Beach Realty Inc.

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Investment Insights

Based on property information with market context.

This duplex property includes a single-level two-bedroom, two-bath residence with approximately 1,147 square feet of living area. The layout provides a living room, dining space, kitchen, primary suite, and additional bedroom, along with an attached two-car garage. A fireplace, central air, and forced-air heating are included. Much of the interior remains in largely original condition, providing a straightforward setting for future personalization. The home was built in 1985 and occupies a 4,800-square-foot lot with a rear patio suitable for outdoor use.

The property is located in Pismo Beach near shopping, services, schools, recreation, Highway 101, and surrounding Five Cities communities. Its single-level configuration, garage, and established residential setting support a range of residential income property considerations.

Key Highlights

  • Approximately 1,147 square feet of living space
  • 4,800‑square‑foot lot with rear patio
  • Single‑level 2‑bedroom, 2‑bath residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,984
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,680 $479.7K
Cap Rate 7%
$342,629 $342.6K
Cap Rate 9%
$266,489 $266.5K
Market Conditions
NOI Build-Up for 1,147 SF
Gross rent
$35.1K $30.60/SF
− Vacancy
−$835 −$0.73/SF
EGI
$34.3K $29.87/SF
− OpEx
−$10.3K −$8.96/SF
NOI
$24.0K $20.91/SF
Area
San Luis Obispo County, CA
Vacancy
2.38%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,680
Cap Rate 7%
$342,629
Cap Rate 9%
$266,489

Alternative Uses

Best Use
Multifamily LT 5
$342.6K
$299.8K – $399.7K (±1% cap)
NOI $23,984 @ 7.0% cap · market cap 3.29%
Second Best
Apartment 5plus
$316.3K
$276.8K – $369.1K (±1% cap)
NOI $22,143 @ 7.0% cap · market cap 3.03%
Theoretical Best
Healthcare Medical
$451.1K
$394.7K – $526.3K (±1% cap)
NOI $31,577 @ 7.0% cap · market cap 4.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Law Firm Auto Parts Store HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom

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

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

484
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Residential income property featuring a two-bedroom residence, attached garage, fireplace, and rear patio in Pismo Beach.
Where is this duplex located?
The property is located at 738 Vista Pacifica Pismo Pismo Beach, CA.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: Approximately 1,147 square feet of living space; 4,800‑square‑foot lot with rear patio; Single‑level 2‑bedroom, 2‑bath residence
More about this property
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