$425,000
$550,000
22.7%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 07/30/2019
Key Details
Sold Price $425,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Pismo Beach (360)
MLS Listing ID SP18254321
Sold Date 07/30/19
HOA Y/N No
Year Built 1951
Lot Size 6,098 Sqft
Acres 0.14
Property Description
A perfect duplex investment in Pismo Beach. Currently occupied by two long-term tenants who would like to remain in place. one unit renting at $925 and the other at $1,100 per month. Each unit features one bedroom and one bath, kitchen and living room. A great front yard and side patio and yard. There are laundry facilities on site and the building, constructed in 1951, is in very good condition. Really a must see as a quality investment in Pismo Beach, CA
In addition to the duplex, the owner is also offering the neighboring lot for sale. 483 Ocean View is a vacant, residential lot of 6,577 s.f. With the purchase of both properties, the buyer has the option to pursue a great development opportunity. Plans were previously approved for a 7 unit condominium project (2006). The City of Pismo Beach would like to see something similar built on that site. Meetings with Pismo Beach City planning have clarified the requirements to proceed, estimated permit costs and timeframe for approvals. Listing number for vacant parcel is SP18255226
Location
State CA
County San Luis Obispo
Area Psmo - Pismo Beach
Zoning R3
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Vinyl
Fireplace No
Appliance Free-Standing Range, Gas Range, Gas Water Heater
Laundry Common Area
Exterior
Garage Asphalt
Fence Chain Link
Pool None
Community Features Curbs
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Composition
Parking Type Asphalt
Private Pool No
Building
Lot Description 2-5 Units/Acre
Faces South
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 005086048
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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