111 Montecito Ave Pismo Beach, CA 93449
Estimated payment $9,490/month
Total Views
9,418
6
Beds
6
Baths
3,428
Sq Ft
$465
Price per Sq Ft
Highlights
- No HOA
- Laundry Room
- Bike Trail
- Arroyo Grande High School Rated A-
- 4 Attached Carport Spaces
- 5-minute walk to Eldwayen Ocean Park
About This Home
Very hard to find multi-unit property located in the Shell Beach area of desirable Pismo Beach. This triplex building consists of three spacious 2bd units (3428sq') with covered off street parking. Beach access, local shops, community parks, and restaurants are all conveniently located a short distance away. Looking for a unit to call your own while still generating income? Have a 1031 Exchange and want an investment property near the beach? Enjoy all that this coastal community has to offer and have a look at this excellent investment opportunity.
Listing Agent
Res Com Services Brokerage Email: slocoastproperty@yahoo.com License #01371903 Listed on: 07/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,599
Year Built
- Built in 1978
Lot Details
- 4,750 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- Apartment
- Cosmetic Repairs Needed
- Slab Foundation
- Shingle Roof
Interior Spaces
- 3,428 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- 4 Attached Carport Spaces
- Parking Available
Utilities
- Space Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 010242066
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Recreation
- Water Sports
- Bike Trail
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,100
- Insurance Expense $1,500
- Trash Expense $1,800
- Water Sewer Expense $4,800
- Operating Expense $9,200
- Gross Income $65,880
- Net Operating Income $56,680
Map
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
Average Home Value in this Area
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 | $9,599 | $892,771 | $430,993 | $461,778 |
| 2024 | $9,482 | $875,267 | $422,543 | $452,724 |
| 2023 | $9,482 | $858,106 | $414,258 | $443,848 |
| 2022 | $9,334 | $841,282 | $406,136 | $435,146 |
| 2021 | $9,307 | $824,787 | $398,173 | $426,614 |
| 2020 | $9,197 | $816,331 | $394,091 | $422,240 |
| 2019 | $9,127 | $800,325 | $386,364 | $413,961 |
| 2018 | $9,014 | $784,634 | $378,789 | $405,845 |
| 2017 | $8,860 | $769,250 | $371,362 | $397,888 |
| 2016 | $8,379 | $754,168 | $364,081 | $390,087 |
| 2015 | $8,266 | $742,841 | $358,613 | $384,228 |
| 2014 | $7,981 | $728,291 | $351,589 | $376,702 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | For Sale | $1,595,000 | -- | $465 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Similar Home in Pismo Beach, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI25147310
APN: 010-242-066
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 119 Montecito Ave
- 226 Montecito Ave
- 320 Capistrano Ave
- 221 Esparto Ave
- 1331 Costa Brava
- 214 Placentia Ave
- 853 Shell Beach Rd
- 2101 Shoreline Dr
- 2051 Costa Del Sol
- 253 Leeward Ave
- 265 Leeward Ave
- 2041 Costa Brava
- 2100 Costa Del Sol
- 1253 Costa Brava
- 2251 Shell Beach Rd Unit 19
- 2251 Shell Beach Rd Unit 13
- 427 Water St
- 178 Cliff Ave
- 100 Cliff Ave
- 125 Park Place
- 126 Capistrano Ave
- 348 Esparto Ave Unit ID1244463P
- 1309 Costa Brava
- 1943 Barcelona
- 2698 Spyglass Dr Unit 10
- 446 Stimson Ave Unit D
- 446 Stimson Ave Unit B
- 251 Laurel St
- 319 N Highway 1 Unit 73
- 995 Terry Dr
- 1176 Ramona Ave
- 531 S 10th St
- 251 S Oak Park Blvd
- 332 York Ave
- 284 Spruce St
- 266 Aspen St
- 225 Walnut St Unit 225b Walnut Street
- 1721 Ocean St
- 1675 21st St Unit 9
- 201 Wood Place