Pismo Beach, CA 93449,481 Ocean View AVE #A & B
$425,000
Est. payment /mo
$550,000
22.7%
Est.Price: ?

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6,098 Sqft Lot
SOLD DATE : 07/30/2019

Key Details

Sold Price $425,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Pismo Beach (360)

MLS Listing ID SP18254321

Sold Date 07/30/19

HOA Y/N No

Year Built 1951

Lot Size 6,098 Sqft

Acres 0.14

Property Description

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

Location

State CA

County San Luis Obispo

Area Psmo - Pismo Beach

Zoning R3

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Vinyl

Fireplace No

Appliance Free-Standing Range, Gas Range, Gas Water Heater

Laundry Common Area

Exterior

Garage Asphalt

Fence Chain Link

Pool None

Community Features Curbs

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Roof Type Composition

Parking Type Asphalt

Private Pool No

Building

Lot Description 2-5 Units/Acre

Faces South

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 005086048

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jeff Gibbs • Keller Williams Realty Central Coast
Bought with General NONMEMBER • CRMLS

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Todd McIntosh

+1(310) 770-8626

Agent | License ID: 01472763

Agent License ID: 01472763

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