A perfect duplex investment in Pismo Beach. Currently occupied by two long-term tenants who would like to remain in place. one unit renting at $925 and the other at $1,100 per month. Each unit features one bedroom and one bath, kitchen and living room. A great front yard and side patio and yard. There are laundry facilities on site and the building, constructed in 1951, is in very good condition. Really a must see as a quality investment in Pismo Beach, CA In addition to the duplex, the owner is also offering the neighboring lot for sale. 483 Ocean View is a vacant, residential lot of 6,577 s.f. With the purchase of both properties, the buyer has the option to pursue a great development opportunity. Plans were previously approved for a 7 unit condominium project (2006). The City of Pismo Beach would like to see something similar built on that site. Meetings with Pismo Beach City planning have clarified the requirements to proceed, estimated permit costs and timeframe for approvals. Listing number for vacant parcel is SP18255226

  • MLS# SP18254321
  • Sub-Type Resale
  • Status Active
  • Year 1951
  • Days On Site 29
SQ Feet 960
Units 2
Building(s) 1
Listing Provided By:
Jeff Gibbs  of  J. Gibbs Realty Inc
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $550,000
37.43%
$879,000 in 93449
this listing 960 SqFt
51.45%
1,978 SqFt in 93449
this listing $573 $/SqFt
27.50%
$449 $/SqFt in 93449
this listing 29 on site
73.76%
110.5 on site in 93449

Location

State CA
County San Luis Obispo
City Pismo Beach
Zip Code 93449
Area PSMO - Pismo Beach

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