175 Stimson Avenue, Pismo Beach, California 93449

$4,275,000

Overview

Property ID: PI26024195

Apartment, Residential Income
Property Type

6012 Sqft
Area Size

1983
Year Built

Description

Exceptional coastal investment opportunity just ½ block from the Boardwalk and beach in the heart of Downtown Pismo Beach. This well-located 7-unit apartment building offers a strong unit mix consisting of one 3-bedroom/2-bath unit, five 2-bedroom/1-bath units, and one studio, with two of the 2-bedroom units tastefully renovated in 2024. The property features covered, gated on-site parking and a convenient coin-operated laundry facility, enhancing tenant appeal and operational efficiency. Surrounded by luxury condominiums, retail, and premier coastal amenities, this irreplaceable location offers exceptional walkability and long-term upside, including potential opportunities for condo conversion or short-term rental use, subject to buyer verification with the City of Pismo Beach.

Address

Open on Google Maps

Address: 175 Stimson Avenue
State/county: CA
Zip/Postal Code: 93449
Country: US

Details

Updated on April 16, 2026 at 7:43 pm

Property ID PI26024195
Price $4,275,000
Property Size 6012 Sqft
Land Area 0.2496 Acres
Year Built 1983
Property Type Apartment, Residential Income
Property Status Closed

Additional details

Listing Terms Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Sewer Public Sewer
Cooling None
Heating Central
County San Luis Obispo
Property Type Residential Income
Pool None
Community Features Biking, Curbs, Hiking, Park, Preserve/Public Land, Sidewalks, Water Sports