230 Stimson Pismo Beach, CA $ 3,160,000
230 Stimson
$ 3,160,000
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230 Stimson

Pismo Beach, CA, 93449
$ 3,160,000
Baths1.0 Sq 3,998

Monthly Estimate*

$ 19,457

Listed by Century 21 Masters-Arroyo Grande
230 Stimson, Pismo Beach, CA 93449 - Image 1
230 Stimson, Pismo Beach, CA 93449 - Image 2
230 Stimson, Pismo Beach, CA 93449 - Image 3
230 Stimson, Pismo Beach, CA 93449 - Image 4
230 Stimson, Pismo Beach, CA 93449 - Image 5
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Studio

Multi-Family Home for sale in Pismo Beach, CA

for $3,160,000 with 1 full bath. This 3,998 square foot home was built in 1941 on a lot size of 0.2497.

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.

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Multi-Family Active

Price

$ 3,160,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2497

Year Built

1941

Town/City

Pismo Beach

County/Region

San Luis Obispo

MLS | Web ID

PI26004658

Days on Market

5

Features
General
Sewer Public Sewer
Heating Natural Gas Wall Furnace
Cooling None
Garage Spaces 4
Pool Features None
Year Built 1941
Tenant Pays Cable TV Electricity Gas
Property Subtype Mixed Use
Gross Income 167318
Community Features Curbs Street Lights Sidewalks
County San Luis Obispo
Net Operating Income 128000
Operating Expense 41829
Insurance Expense 0
New Construction false
Property Type Residential Income
Subdivision Name Pismo Beach (360)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Doliver to Stimson south to property on the left
City Pismo Beach
Entry Location 1st
Senior Community Y/N false
Number Of Units Total 7
MLS Area PSMO - Pismo Beach
Lot Size Units Square Feet
Lot Size Square Feet 10875
Listing Terms Cash 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Tax Lot 6
Property Sub Type Additional Mixed Use
Cap Rate 4.06
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Interior
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features In Carport
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 4
Lot Size Area 10875
Number of Buildings 5
Building Area Total 3998
Lot Size Acres 0.2497
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 7
Number of Separate Electric Meters 7
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* Excluded Features
List By
Century 21 Masters-Arroyo Grande

Broker

jim.kelsey1@gmail.com

Email

Affordability Calculator

$19,457
Per Month
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Monthly Principal & Interest
$19,457
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/8/2026$3,160,000 Listed Price

Map


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230 Stimson, Pismo Beach, CA, 93449 is a Multi-Family Home for sale at $3,160,000 with 3,998 sqft and a lot size of 0.2497. 230 Stimson is a studio with 1.0 baths and was built in 1941. The property's zip code is 93449 which is in Pismo Beach, CA