2520 Coburn Lane Pismo Beach, CA $ 2,390,000
2520 Coburn Lane
$ 2,390,000
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2520 Coburn Lane

Pismo Beach, CA, 93449
$ 2,390,000
Baths1.0 Sq 3,130

Monthly Estimate*

$ 15,091

Listed by Torelli Investment Realty
2520 Coburn Lane, Pismo Beach, CA 93449 - Image 1
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Studio

Multi-Family Home for sale in Pismo Beach, CA

for $2,390,000 with 1 full bath. This 3,130 square foot home was built in 1962 on a lot size of 0.2009.

This Four Plex is in the exclusive Shell Beach neighborhood of Pismo Beach, and surrounded by multi-million dollar single family homes. Eleven houses away are the ocean cliffs, and another few homes away is Memory Park and the Spyglass Tide-pools. Ocean views from the two front units, which are both two bedroom, one bath plus a garage for each. In the rear are two 1 bedroom units over the four garages. One garage is for the owner's use, and the other has been converted into a studio apartment but it not permitted. There is also a laundry room, and a recreation / lounge area with a fireplace. A detailed brochure is in the attached supplememts.

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Multi-Family Active

Price

$ 2,390,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2009

Year Built

1962

Town/City

Pismo Beach

County/Region

San Luis Obispo

MLS | Web ID

OC26187424

Days on Market

9

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 4
Pool Features None
Year Built 1962
Tenant Pays Cable TV Electricity
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 139020
Community Features Curbs Park Sidewalks
County San Luis Obispo
Net Operating Income 104859
Operating Expense 34161
Insurance Expense 2508
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From the 101 Fwy take the Spyglass exit to Shell Beach Road. Turn right on Seacliff & left on Coburn
City Pismo Beach
Entry Location ground level
Senior Community Y/N false
Number Of Units Total 4
MLS Area SLBH - Shell Beach
Lot Size Units Square Feet
Lot Size Square Feet 8750
Number of Units Leased 4
Listing Terms Cash Cash to New Loan Conventional
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 960
Fuel Expense 0
Trash Expense 1020
Water Sewer Expense 2708
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Total Actual Rent 11215
Property Sub Type Additional Quadruplex
Taxes 25530
Cap Rate 4.4
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Interior
Total Stories 2
Common Walls 2+ Common Walls End Unit No One Above No One Below
Laundry Features Common Area Laundry Room
Entry Level 1
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Exterior
Lot Features Back Yard Front Yard Gentle Sloping Landscaped
Water Source Public
Total Parking 4
Lot Size Area 8750
Number of Buildings 2
Building Area Total 3130
Lot Size Acres 0.2009
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 4
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* Excluded Features
List By
Torelli Investment Realty

Broker

Guy@GuyTorelli.com

Email

Affordability Calculator

$15,091
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,091
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/3/2026$2,390,000 Listed Price

Map


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2520 Coburn Lane, Pismo Beach, CA, 93449 is a Multi-Family Home for sale at $2,390,000 with 3,130 sqft and a lot size of 0.2009. 2520 Coburn Lane is a studio with 1.0 baths and was built in 1962. The property's zip code is 93449 which is in Pismo Beach, CA