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2570 Spyglass Drive Pismo Beach, CA $ 1,975,000
2570 Spyglass Drive
$ 1,975,000
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2570 Spyglass Drive

Pismo Beach, CA, 93449
$ 1,975,000
Baths2.0 Sq 5,284

Monthly Estimate*

$ 12,160

Listed by Coldwell Banker Realty
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Studio

Multi-Family Home for sale in Pismo Beach, CA

for $1,975,000 with 2 full baths. This 5,284 square foot home was built in 1976 on a lot size of 0.186.

Location, Location, Location! Introducing an exceptional investment opportunity: Premier Shell Beach Complex! Once in a lifetime opportunity to acquire this 5 units apartment complex in beautiful Shell Beach of Pismo Beach. Perfectly situated just steps from the Pacific Ocean and Spyglass Park. This impressive five-unit apartment complex—on the market for the first time since 1986. Units #1 and #2 each feature 2 bedrooms, 2 bathrooms, a kitchen, and a living room and dining area. Units #3, #4, and #5 offer 2 bedrooms, 1.5 bathrooms and living room. Unit #2, previously occupied by the former owner, is currently vacant and in the process of being rented. All units include access to a detached one-car garage with storage. Additionally, the property offers a bonus room with a bathroom that tenants may reserve at no charge to accommodate guests on a first-come, first-served basis. The complex also provides shared coin-operated laundry facilities for added convenience. Well-maintained and located in the highly sought-after Shell Beach area, this property is truly a rare find on the Central Coast. Shell Beach is celebrated for its exceptional dining, relaxation, and coastal charm. Residents enjoy close proximity to premier shopping, restaurants, scenic hiking and biking trails, and are just minutes from world-class wineries—offering the ultimate beach-living lifestyle. The property is sold by the trustee, buyer to verify income & expenses.

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Multi-Family Active

Price

$ 1,975,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 11,444

Style

Lot Size

0.186

Year Built

1976

Town/City

Pismo Beach

County/Region

San Luis Obispo

MLS | Web ID

SR26021923

Days on Market

4

Features
General
Sewer Sewer Tap Paid
Heating Radiant See Remarks
Cooling None
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Roof Composition Shingle
Appliances Dishwasher Electric Oven Electric Range Electric Water Heater Disposal Refrigerator Dryer Washer
HOA Fee 0
Garage Spaces 5
Architectural Style Contemporary
Pool Features None
Construction Materials Stucco
Year Built 1976
View Ocean
Stories Count 2
Levels Two
Property Subtype Apartment
Tax Year 2026
Gross Income 0
Community Features Biking Curbs
County San Luis Obispo
Net Operating Income 53166
Operating Expense 55434
Insurance Expense 6842
New Construction false
Property Type Residential Income
HOA false
Contingency Subject to approval by all heirs.
Subdivision Name Shell Beach(600)
Garage Y/N true
Special Listing Conditions Trust
Status Active
Directions Spyglass exit from the 101 West on Spyglass
City Pismo Beach
Entry Location Few steps from the street
Senior Community Y/N false
Open Parking Spaces 5
Number Of Units Total 5
MLS Area PSMO - Pismo Beach
Lot Size Units Square Feet
Lot Size Square Feet 8100
Number of Units Leased 4
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 11444.4
Electric Expense 2024
Fuel Expense 0
Trash Expense 2426
Water Sewer Expense 3891
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 25
Total Actual Rent 6700
Property Sub Type Additional Apartment
Taxes 24688
Cap Rate 2.69
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Interior
Flooring Carpet Vinyl
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area Washer Hookup See Remarks
Entry Level 1
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Exterior
Fencing Wood
Parking Features Assigned Concrete Driveway
Lot Features 2-5 Units/Acre Irregular Lot
Water Source Public
Total Parking 10
Lot Size Area 8100
Foundation Details Slab
Number of Buildings 1
Spa false
Building Area Total 5284
Lot Size Acres 0.186
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Pool Charge 0
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 5
Road Frontage Type City Street
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* Excluded Features
List By
Coldwell Banker Realty

Broker

BassemF@earthlink.net

Email

Affordability Calculator

$13,114
Per Month
93%
7%
0%
Monthly Principal & Interest
$12,160
Monthly Property Taxes
$954
Monthly Home Insurance
--
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
2/7/2026$1,975,000 Listed Price

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2570 Spyglass Drive, Pismo Beach, CA, 93449 is a Multi-Family Home for sale at $1,975,000 with 5,284 sqft and a lot size of 0.186. 2570 Spyglass Drive is a studio with 2.0 baths and was built in 1976. The property's zip code is 93449 which is in Pismo Beach, CA