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Listing 16 out of 59
$550,000 For Sale

481 Ocean View Avenue
Pismo Beach, CA 93449

2 units | Multi Family Home
6238 sq ft - MLS# SP18254321
Property Photo
1/23

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

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 93449
  • Year Built: 1951
  • Subdivision/Neighborhood: Pismo Beach (360)
  • Style: Bungalow
  • Stories: One
  • Units: 2 units
  • Lot Size: 6238 sq ft
  • Zoning: R3
  • Area: PSMO - Pismo Beach
  • Appliances: Free Standing Range, Gas Range, Gas Water Heater
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 960.00
  • Building Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Community Features: Curbs
  • Cooling: Wall Window
  • Cooling YN: Yes
  • Country: US
  • Direction Faces: South
  • Directions: Price Canyon Road to Bello Street to Ocean View
  • Fence YN: Yes
  • Fencing: Chain Link
  • Flooring: Carpet, Vinyl
  • Gross Income: 24300.00
  • Gross Scheduled Income: 24300.00
  • Heating: Wall Heater, Natural Gas
  • Heating YN: Yes
  • Laundry Features: Community
  • Laundry YN: Yes
  • Listing Agent License: 01312791
  • Listing Office License: 01957683
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • New Taxes Expense: 5487.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Parking Features: Driveway - Asphalt
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Road Surface Type: Paved
  • Roof: Composition
  • Room Type: Kitchen, Laundry, Living Room
  • Sewer: Public Sewer
  • Stories Total: 1
  • Total Actual Rent: 2025.00
  • Total Expenses: 5487.00
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Window Features: Blinds
Courtesy of J. Gibbs Realty, Inc, Jeff Gibbs

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Nancy Puder

Nancy Puder
Keller Williams Central Coast Realty
Pismo Beach, CA 93449

805-710-2415
Contact Us

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Nancy Puder | CA DRE# 0677873 | 805-710-2415 | Contact Us
350 James Way Suite 130 - Pismo Beach, CA 93449
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