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172 Ocean View Avenue Pismo Beach, CA $ 2,750,000
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172 Ocean View Avenue
$ 2,750,000
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172 Ocean View Avenue

Pismo Beach, CA, 93449
$ 2,750,000
Baths1.0 Sq 3,837

Monthly Estimate*

$ 17,156

Listed by Steven Battaglia, Broker
​
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Studio

Multi-Family Home for sale in Pismo Beach, CA

for $2,750,000 with 1 full bath. This 3,837 square foot home was built in 1928 on a lot size of 0.225.

Pismo Cove Apartments is an 8-unit property located just ½ block from beach & 3 blocks south of Pismo Pier. Property spans from Ocean View Ave thru to Park St. Mix of mix of (2) 2Bed, (5) 1Bed, & (1) studio units. Layout includes 2-story duplex built above (3) garages, laundry room, & storage space; a single story 4plex; & 2 detached cottages - all around a private courtyard. Renovated in 2007, property continues to offer tenants a relaxed beachside lifestyle. Amenities include large communal patio w/ BBQ, tables, chairs, & umbrellas, surrounded by mature palm trees, plus beach shower. Add’l features include laundry room, storage area, & owner’s room with potential for ADU conversion (buyer to verify). On-site parking includes (3) 1-car garages & (5) uncovered spaces. Zoned R4, property may offer potential for short-term rentals (buyer to confirm w/ City). With its unbeatable location & enduring tenant appeal, Pismo Cove presents both stable income & long-term upside for investors.

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Multi-Family Pending

Price

$ 2,750,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.225

Year Built

1928

Town/City

Pismo Beach

County/Region

San Luis Obispo

MLS | Web ID

PI25172167

Days on Market

142
Features
General
Sewer Public Sewer
Heating Wall Furnace
Zoning R4
HOA Fee 0
Garage Spaces 3
Pool Features None
Year Built 1928
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 195540
Community Features Curbs Street Lights Sidewalks
County San Luis Obispo
Net Operating Income 110597
Operating Expense 79076
Insurance Expense 5067
New Construction 0
Property Type Residential Income
HOA 0
Subdivision Name Pismo Beach (360)
Garage Y/N 1
Special Listing Conditions Standard
Status Pending
Directions From 101 Southbound: Off at Hinds Ave left on Price St right on Ocean View then 2 blocks to complex. From 101 Northbound: Off at Price St take immediate left onto Ocean View Ave then 2 blocks to complex.
City Pismo Beach
Entry Location 1
Senior Community Y/N 0
Open Parking Spaces 5
Number Of Units Total 8
MLS Area PSMO - Pismo Beach
Lot Size Units Square Feet
Lot Size Square Feet 9800
Listing Terms Cash Cash to New Loan
Property Attached Y/N 1
Land Lease Y/N 0
Electric Expense 5800
Fuel Expense 2600
Trash Expense 1956
Walk Score 72
Water Sewer Expense 4865
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Pending
Year Built Source Public Records
Tax Lot 19
Property Sub Type Additional Apartment
Cap Rate 4.02
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Interior
Flooring Carpet Vinyl
Total Stories 2
Common Walls 2+ Common Walls
Heating Y/N 1
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Garage On Site Uncovered
Lot Features 31-35 Units/Acre
Water Source Public
Total Parking 8
Lot Size Area 9800
Foundation Details Raised Slab
Number of Buildings 1
Building Area Total 3837
Lot Size Acres 0.225
Road Surface Type Paved
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
Road Frontage Type City Street
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* Excluded Features
List By
Steven Battaglia, Broker

Broker

srb@battagliare.com

Email

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$17,156
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$17,156
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,750,000 Listed Price

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172 Ocean View Avenue, Pismo Beach, CA, 93449 is a Multi-Family Home for sale at $2,750,000 with 3,837 sqft and a lot size of 0.225. 172 Ocean View Avenue is a studio with 1.0 baths and was built in 1928. The property's zip code is 93449 which is in Pismo Beach, CA

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