230 Stimson Pismo Beach CA 93449 MLS #PI26004658

230 Stimson

Pismo Beach, CA, 93449

$2,899,000

Beds

0 Baths

0 SqFt

0.25 Acres

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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.

AGENT: James Kelsey
LISTING BROKERAGE: Century 21 Masters

Courtesy of Century 21 Masters. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.

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230 Stimson

Pismo Beach, CA