481 Ocean View Avenue , A & B

    Pismo Beach, CA 93449
    • $550,000
    • STATUS: Active
    • ON SITE: 240 days
    • ID#: SP18254321
    UPDATED: 10 min ago
    $550,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 960
      SQFT
    • $573
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1951
    County:

    School Ratings & Info

    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, CAIn 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

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-17T15:33:56.373. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/88704240

    481 Ocean View Avenue , A & B Pismo Beach, CA 93449

    • Price: $550,000
    • Status: Active
    • Updated: 10 min ago
    • ID#: SP18254321
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    960
    SQFT
    $573
    $/SQFT
    1951
    Built
    Neighborhood:
    Pismo Beach (360)
    County:
    San Luis Obispo
    Area:
    PSMO - Pismo Beach
    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, CAIn 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
    Exterior Features

    Architectural Style Bungalow Direction Faces South Fence YN Yes Fencing Chain Link Garage Spaces 0.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Asphalt Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Paved Roof Composition

    Interior Features

    Appliances Free-Standing RangeGas RangeGas Water Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Flooring CarpetVinyl Heating Wall FurnaceNatural Gas Heating YN Yes Laundry Features Community Levels One Room Type KitchenLaundryLiving Room Window Features Blinds

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Curbs Country Us Elevation Units Feet Gross Income 24300.00 Gross Scheduled Income 24300.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 0.00 New Construction YN No New Taxes Expense 5487.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Operating Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Pismo Beach (360) Tenant Pays Cable TvElectricityGrounds CareGasWater Total Actual Rent 2025.00 Total Expenses 5487.00 Trash Expense 0.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public Zoning R3

    Listing provided courtesy of Jeff Gibbs of Keller Williams Realty Central Coast


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-17T15:33:56.373. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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