175 Stimson Avenue Pismo Beach, CA $ 4,275,000
175 Stimson Avenue
$ 4,275,000
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175 Stimson Avenue

Pismo Beach, CA, 93449
$ 4,275,000
Baths1.0 Sq 6,012

Monthly Estimate*

$ 26,322

Listed by Mariani Realty
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Studio

Multi-Family Home for sale in Pismo Beach, CA

for $4,275,000 with 1 full bath. This 6,012 square foot home was built in 1983 on a lot size of 0.2496.

Exceptional coastal investment opportunity just ½ block from the Boardwalk and beach in the heart of Downtown Pismo Beach. This well-located 7-unit apartment building offers a strong unit mix consisting of one 3-bedroom/2-bath unit, five 2-bedroom/1-bath units, and one studio, with two of the 2-bedroom units tastefully renovated in 2024. The property features covered, gated on-site parking and a convenient coin-operated laundry facility, enhancing tenant appeal and operational efficiency. Surrounded by luxury condominiums, retail, and premier coastal amenities, this irreplaceable location offers exceptional walkability and long-term upside, including potential opportunities for condo conversion or short-term rental use, subject to buyer verification with the City of Pismo Beach.

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Multi-Family Active

Price

$ 4,275,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2496

Year Built

1983

Town/City

Pismo Beach

County/Region

San Luis Obispo

MLS | Web ID

PI26024195

Days on Market

21

Features
General
Sewer Public Sewer
Heating Central
Cooling None
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1983
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 221400
Community Features Biking Curbs Hiking Park Preserve/Public Land Sidewalks Water Sports
County San Luis Obispo
Net Operating Income 221400
Operating Expense 30000
Insurance Expense 4500
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Pismo Beach (360)
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Turn west onto Stimson residence is on your right.
City Pismo Beach
Entry Location 1
Senior Community Y/N false
Number Of Units Total 7
MLS Area PSMO - Pismo Beach
Lot Size Units Square Feet
Lot Size Square Feet 10874
Listing Terms Cash to Existing Loan Cash to New Loan Conventional Item1031Exchange
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 0
Water Sewer Expense 4645
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 18
Property Sub Type Additional Apartment
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Interior
Fireplace Features None
Total Stories 2
Common Walls Item2CommonWalls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area Inside
Entry Level 1
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Exterior
Lot Features Item01UnitAcre
Water Source Public
Total Parking 0
Lot Size Area 10874
Number of Buildings 1
Building Area Total 6012
Lot Dimensions 10 874
Lot Size Acres 0.2496
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
Mariani Realty

Broker

robert.mariani@gmail.com

Email

Affordability Calculator

$26,322
Per Month
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Monthly Principal & Interest
$26,322
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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
2/4/2026$4,275,000 Listed Price

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175 Stimson Avenue, Pismo Beach, CA, 93449 is a Multi-Family Home for sale at $4,275,000 with 6,012 sqft and a lot size of 0.2496. 175 Stimson Avenue is a studio with 1.0 baths and was built in 1983. The property's zip code is 93449 which is in Pismo Beach, CA