Pending

230 Stimson

Pismo Beach, CA 93449
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt3,998

Sqft

SqFt10,875

Sqft(Lot)

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.

Detail Ic Property Details

Property Type : Residential Income

Price : $2,899,000

AD Id : 72844554

MLS Id : PI26004658

Lot Size : 10,875 Sqft

Living Area Size : 3,998

Year Built : 1941

Garage : 4

County : San Luis Obispo

Subdivision: Fallbrook

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Fireplace: None
  • Cooling Features

    None Air Conditioning

    Heating Source

    Natural Gas,Wall Furnace Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1941 Building Area Total: 3,998
  • Pool Features

    None

    Laundry Features

    In Carport

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2497
  • Lot Size Source: Assessor Lot Size Square Feet: 10875

  • Listing Price Information

    Original List Price: 2,899,000 Listing Contract Date: 2026-01-07
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 005136003

  • Garage and Parking

    Garage Description: Assigned

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    Source Listing Status: Pending Source Neighborhood: PSMO - Pismo Beach Directions: Doliver to Stimson, south to property on the left Source Property Type: Residential Income Area: PSMO - Pismo Beach Property SubType: Mixed Use
  • Building and Construction

    Property Age: 85 Common Walls: 1 Common Wall Structure Type: Mixed Use Year Built Source: Estimated Entry Level: 1 Entry Location: 1st Property Attached: Yes
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
201 Five Cities #133, Pismo Beach, CA, 93449 $385,000 2 1 1,100 1,100 SqFt
201 Five Cities Drive #53, Pismo Beach, CA, 93449 $539,000 2 2 1,344 1,344 SqFt
940 Tulare, Pismo Beach, CA, 93449 $2,800,000 3 3 2,281 2,281 SqFt
351 Selma Street, Pismo Beach, CA, 93449 $1,595,000 3 2 2,286 2,286 SqFt
220 Selma, Pismo Beach, CA, 93449 $1,290,000 3 2 1,861 1,861 SqFt
140 Dolliver #153, Pismo Beach, CA, 93449 $559,900 3 2 1,307 1,307 SqFt
140 Dolliver #183, Pismo Beach, CA, 93449 $650,000 3 2 1,625 1,625 SqFt
372 Park, Pismo Beach, CA, 93449 $1,075,000 3 2 1,880 1,880 SqFt
961 Shafer Lane, Pismo Beach, CA, 93449 $2,200,000 3 3 3,401 3,401 SqFt
140 99 S Dolliver #99, Pismo Beach, CA, 93449 $535,000 3 1 1,440 1,440 SqFt

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ByOwner last updated this listing 06/14/2026 @ 12:20

MLS: PI26004658 LISTED BY: James Kelsey, Century 21 Masters 805-489-2100 SOURCE: CRMLS

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