$1,595,000

119 Montecito Ave Pismo Beach, CA 93449

Estimated payment $9,453/month

Total Views 9,344
5 Beds
5 Baths
2,944 Sq Ft
$542 Price per Sq Ft

Highlights

  • Hiking Trails
  • Laundry Room
  • 5-minute walk to Eldwayen Ocean Park
  • Arroyo Grande High School Rated A-
  • Wall Furnace

About This Home

One of two triplex units being offered for sale in the Shell Beach area of Pismo Beach. 2944sq' in total consisting of two 2bd and one 1bd units. Covered off street parking and conveniently located on a quiet residential street just up from the oceanfront. Morning coffee, scenic public trails, and your choice of restaurants are all nearby. Income properties like these don't come available all that often. This is your opportunity to invest in coastal property or to utilize a unit for your second home.

Listing Agent

Kevin Zepeda

Res Com Services Brokerage Email: slocoastproperty@yahoo.com License #01371903 Listed on: 07/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,160

Year Built

  • Built in 1978

Lot Details

  • 4,750 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Triplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,944 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 1 Open Parking Space
  • 5 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 5
  • Assessor Parcel Number 010242063

Community Details

Recreation

  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 4 Separate Electric Meters
  • 4 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 $69,600
  • Net Operating Income $60,400

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,160

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 531667
  • Property Attached: Yes
  • Water Sewer Expenses: 4800.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 010242063
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 541.78

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Hiking, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 4750.00
  • Lot Size Acres: 0.1090
  • Latitude Manual: 35.15779600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 660 Square Feet
  • Average2 Bed Area: 1142 Square Feet
  • Electric Expense: 1100.00
  • Gross Income: 69600.00
  • Gross Scheduled Income: 69600.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 4750.0000 Square Feet
  • Net Operating Income: 60400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 9200.00
  • Rent Control: No
  • Total Expenses: 9200.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 117.04
  • Tax Lot: 6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,160 $861,986 $430,993 $430,993
2024 $9,051 $845,086 $422,543 $422,543
2023 $9,051 $828,516 $414,258 $414,258
2022 $8,910 $812,272 $406,136 $406,136
2021 $8,887 $796,346 $398,173 $398,173
2020 $8,783 $788,182 $394,091 $394,091
2019 $8,718 $772,728 $386,364 $386,364
2018 $8,610 $757,578 $378,789 $378,789
2017 $8,465 $742,724 $371,362 $371,362
2016 $8,003 $728,162 $364,081 $364,081
2015 $7,895 $717,226 $358,613 $358,613
2014 $7,618 $703,178 $351,589 $351,589
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $1,595,000 -- $542 / 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

  • 111 Montecito Ave, Pismo Beach, CA 93449

    $1,595,000

    • 6 Beds
    • 6 Baths
    • 3,428 Sq Ft
    • 111 Montecito Ave
    • Pismo Beach, CA

    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

    Kevin Zepeda Res Com Services

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI25147399

California Regional Multiple Listing Service (CRMLS)

APN: 010-242-063