$700,000
SOLD AUG 15, 2025

1051 Price St Pismo Beach, CA 93449

1 Bed
-- Bath
1,143 Sq Ft
2,300 Sq Ft Lot

Recently Sold

$612 Per Sq Ft

11% Below List Price

56 Days on Market

Highlights

  • Space Heater
  • Wood Fence
  • 1-Story Property
  • Arroyo Grande High School Rated A-
  • Level Lot
  • 1-minute walk to Dinosaur Caves Park

About This Home

As of August 2025

HONEY, STOP THE CAR!
It’s all about location—and this is a truly rare opportunity to own a piece of classic Pismo Beach!

This mixed-use property offers a prime spot right on Price Street, with long-term tenants already in place. At the front, you'll find a charming barber shop, a beloved local fixture for years. The shop includes a back area, ideal for storage, an office, or a breakroom. The current tenant has made significant upgrades and is eager to continue the lease. The property is being sold “as is.”

Just behind the fenced yard sits an additional residential unit, perfect for comfortable beach-town living. The private yard offers a great space for outdoor entertaining. Step inside and be amazed by the spacious, open layout featuring high ceilings and large windows that fill the space with natural light. The kitchen, living, and dining areas flow seamlessly together. The bedroom boasts generous closets and direct access to the bathroom. Access a cozy deck and the yard through a sliding glass door.

Located in the heart of vibrant coastal destination of Pismo Beach, this property is among an eclectic collection of hotels, boutiques, restaurants, wine bars, and the iconic Pismo Beach Pier. Whether you're looking for a smart investment or a slice of coastal charm, this is your chance to own a property in an exceptionally special location.

Last Agent to Sell the Property

Lee Anne Fisher

Compass Brokerage Phone: 805-440-0251 License #01082922 Listed on: 04/17/2025

Compass

Co-Listed By

George Fisher

Compass Brokerage Phone: 805-440-0251 License #01894989

Last Buyer's Agent

Lee Anne Fisher

Compass Brokerage Phone: 805-440-0251 License #01082922 Listed on: 04/17/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $629

Year Built

  • Built in 1949

Lot Details

  • 2,300 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Fence is in poor condition
  • Level Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Flat Roof Shape
  • Fire Rated Drywall
  • Mixed Roof Materials
  • Stucco

Interior Spaces

  • 1 Bedroom
  • 1,143 Sq Ft Home
  • 1-Story Property

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Additional Features

  • Exterior Lighting
  • Space Heater

Listing and Financial Details

  • Assessor Parcel Number 005072002

Community Details

Overview

  • 2 Buildings
  • Pismo Beach Subdivision

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • Insurance Expense $4,000
  • Professional Management Expense $1,680
  • Water Sewer Expense $1,500
  • New Taxes Expense $629
  • Operating Expense $7,809
  • Gross Income $21,000
  • Net Operating Income $13,191

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$629

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Price Per Unit: 789000
  • Professional Management Expense: 1680.00
  • Property Attached: No
  • Subdivision Name Other: Pismo Beach (360)
  • Water Sewer Expenses: 1500.00
  • Zoning: C1
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 005072002
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 612.42

Exterior Features

  • Fence: Yes
  • Fencing: Poor Condition, Wood
  • Pool Private: No
  • Roof: Flat, Mixed
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Paved

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Space Heater
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Walkstreet
  • Lot Size: 2300
  • Lot Size Sq Ft: 2300.00
  • Lot Size Acres: 0.0528

Multi Family

  • Gross Income: 21000.00
  • Gross Scheduled Income: 21000.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 2300.0000 Square Feet
  • Net Operating Income: 13190.70
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 1
  • Operating Expense: 7809.30
  • Rent Control: No
  • Total Expenses: 7809.30

Tax Info

  • New Taxes Expense: 629.30
  • Tax Annual Amount: 629.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
Jun 18, 2025
Sold by
Lovett Teresa Marie
Bought by
3D Contruction And Landscaping
Seller's Agent
Lee Anne Fisher
Compass
Buyer's Agent
Lee Anne Fisher
Compass
List Price
$789,000
Sold Price
$700,000
Premium/Discount to List
-$89,000
-11.28%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9266.65%
Original Mortgage
$525,000
Interest Rate
6.67%
Mortgage Type
Construction

Purchase Details

Closed on
May 10, 2024
Sold by
James Ray Lovett Living Trust and Lovett Teresa Marie
Bought by
Lovett Teresa Marie

Purchase Details

Closed on
Dec 31, 1994
Sold by
Lovett James Ray
Bought by
Lovett James Ray and The James Ray Lovett Living Tr

Purchase Details

Closed on
Feb 8, 1994
Sold by
Lovett Lee R
Bought by
Lovett James Ray
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $700,000 First American Title
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Grant Deed -- --
Grant Deed -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $525,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Sold $700,000 -11.3% $612 / Sq Ft
06/12/2025 06/12/25 Pending -- -- --
04/17/2025 04/17/25 For Sale $789,000 -- $690 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $629 $48,983 $11,001 $37,982
2024 $620 $48,024 $10,786 $37,238
2023 $620 $47,083 $10,575 $36,508
2022 $609 $46,161 $10,368 $35,793
2021 $605 $45,257 $10,165 $35,092
2020 $597 $44,794 $10,061 $34,733
2019 $591 $43,916 $9,864 $34,052
2018 $583 $43,056 $9,671 $33,385
2017 $572 $42,213 $9,482 $32,731
2016 $543 $41,387 $9,297 $32,090
2015 $536 $40,766 $9,158 $31,608
2014 $523 $39,968 $8,979 $30,989
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC25084954

California Regional Multiple Listing Service (CRMLS)

APN: 005-072-002