Average square foot calculated using Size range provided by listing agent.
Description
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.Show Description
MLS® NumberPI24153716
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher Hookup
Exposure
Exterior
GarageYes
Approx. Age1950
Stories2
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatDuctless, Wall Furnace
A/CNone
Heating Fuel
Extras
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