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$1,730,000
Est. payment /mo
1 Bed
4 Baths
5,331 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Pismo Beach (360)
MLS Listing ID SC26066813
Bedrooms 1
Lot Size 5,331 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Exchange
Property Type Res Income 2-4 Units
Property Description
Incredible ocean views just over a block from the sand! 351 San Luis Avenue offers a rare opportunity to own a versatile coastal property in the heart of Pismo Beach. Ideally located within walking distance to the pier, downtown shops, and restaurants, this property captures the essence of beachside living while delivering strong income potential. The property consists of five residential units, including a one-bedroom unit, three studio units, and a larger upper-level studio with a private balcony showcasing sweeping ocean views. From this elevated vantage point, enjoy breathtaking sunsets over the Pacific and front-row views of the Fourth of July fireworks over the Pismo Pier. Whether youre looking to invest or live onsite, you have the flexibility to choose your preferred unit to owner-occupy while generating income from the others, all while taking full advantage of the propertys standout coastal views. Additional features include a one-car garage, a shared outdoor patio area ideal for relaxing or entertaining, a coin-operated laundry room, and a separate storage shed. The garage, laundry, and storage shed are all currently rented, providing additional income streams beyond the residential units. The property has seen recent improvements including a new roof and balcony railing, newer exterior paint, and updates to plumbing and electrical systems, enhancing both functionality and long-term value. With limited multifamily inventory in this highly desirable coastal community, the property benefits from strong tenant demand and long-term upside. Whether youre seeking a pri
Location
State CA
County San Luis Obispo
Zoning Public Rec
Direction Cross streets- Dolliver/Price
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 005066028
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Virtual Tour https://351SanLuisAve.com/
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Listed by Kris Nafziger, DRE#02127192 San Luis Bay Realty
Nearby School & Business
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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