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Listing 62 out of 70
Sold for $425,000 Sold

481 Ocean View Avenue
Pismo Beach, CA 93449

2 units | Multi Family Home
6238 sq ft lot - MLS# SP18254321
Property Photo

Sold

Sold for $425,000 on Jul 30, 2019

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

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $550,000
  • Zip Code: 93449
  • Year Built: 1951
  • Subdivision/Neighborhood: Pismo Beach (360)
  • Style: Bungalow
  • Stories: One
  • Units: 2 units
  • Lot Size: 6238 sq ft lot
  • Zoning: R3
  • Area: PSMO - Pismo Beach
  • Appliances: Free-Standing Range, Gas Range, Gas Water Heater
  • Appliances YN: Yes
  • Average Studio Area Units: Square Feet
  • Average2Bed Area Units: Square Feet
  • Average3Bed Area Units: Square Feet
  • Building Area Total: 960.00
  • Building Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Community Features: Curbs
  • Cooling: Wall/Window Unit(s)
  • Cooling YN: Yes
  • Country: US
  • Direction Faces: South
  • Directions: Price Canyon Road to Bello Street to Ocean View
  • Fence YN: Yes
  • Fencing: Chain Link
  • Flooring: Carpet, Vinyl
  • Gross Income: 24300.00
  • Gross Scheduled Income: 24300.00
  • Heating: Wall Furnace, Natural Gas
  • Heating YN: Yes
  • Laundry Features: Community
  • Laundry YN: Yes
  • Listing Agent License: 01312791
  • Listing Office License: 02005015
  • Lot Features: 2-5 Units/Acre
  • Lot Size Area: 6237.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • New Taxes Expense: 5487.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Parking Features: Asphalt
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Road Surface Type: Paved
  • Roof: Composition
  • Room Type: Kitchen, Laundry, Living Room
  • Selling Agent: General Nonmember
  • Selling Agent License: 01222435
  • Selling Office: Crmls
  • Selling Office License: 00000001
  • Sewer: Public Sewer
  • Stories Total: 1
  • Total Actual Rent: 2025.00
  • Total Expenses: 5487.00
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Window Features: Blinds
  • Year Built Source: Public Records
  • Sold Date: 2019-07-30
  • Sold Price: 425000.00
Courtesy of Keller Williams Realty Central Coast, Jeff Gibbs

 


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Monique Carlton 

Better Homes and Gardens Real Estate | Haven Properties - Top San Luis Obispo Real Estate Agency on the Central Coast!

441 Marsh Street
San Luis Obispo, CA 93401
Phone: (805) 471-6921
Email: moniquecarlton@gmail.com
DRE # 00184228

My web sites: www.SellingSanLuis.com and www.CentralCoastListings.com
Company web site: www.San-Luis-Obispo-Realty.com


 

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