172 Ocean View Ave Pismo Beach, CA 93449
Estimated payment $16,635/month
Highlights
- No HOA
- Laundry Room
- Carpet
- Arroyo Grande High School Rated A-
- 3 Car Garage
- 2-minute walk to Mary Herrington Park
About This Home
Pismo Cove Apartments is an 8-unit property located just 1⁄2 block from beach & 3 blocks south of Pismo Pier. Property spans from Ocean View Ave thru to Park St. Mix of mix of (2) 2Bed, (5) 1Bed, & (1) studio units. Layout includes 2-story duplex built above (3) garages, laundry room, & storage space; a single story 4plex; & 2 detached cottages - all around a private courtyard. Renovated in 2007, property continues to offer tenants a relaxed beachside lifestyle. Amenities include large communal patio w/ BBQ, tables, chairs, & umbrellas, surrounded by mature palm trees, plus beach shower. Add’l features include laundry room, storage area, & owner’s room with potential for ADU conversion (buyer to verify). On-site parking includes (3) 1-car garages & (5) uncovered spaces. Zoned R4, property may offer potential for short-term rentals (buyer to confirm w/ City). With its unbeatable location & enduring tenant appeal, Pismo Cove presents both stable income & long-term upside for investors.
Listing Agent
Steven Battaglia, Broker Brokerage Phone: 8056806431 License #01318215 Listed on: 08/04/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 9,800 Sq Ft Lot
- Two or More Common Walls
- Density is 31-35 Units/Acre
Parking
- 3 Car Garage
- 5 Open Parking Spaces
- Parking Available
Home Design
- Apartment
- Entry on the 1st floor
- Raised Foundation
- Slab Foundation
Interior Spaces
- 3,837 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 19 / 2
- Assessor Parcel Number 005161004
Community Details
Overview
- No Home Owners Association
- 8 Units
- Pismo Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- Electric Expense $5,800
- Fuel Expense $2,600
- Insurance Expense $5,067
- Trash Expense $1,956
- Water Sewer Expense $4,865
- Operating Expense $79,076
- Gross Income $195,540
- Net Operating Income $110,597
Map
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 | $27,056 | $2,498,691 | $2,364,723 | $133,968 |
| 2024 | $26,724 | $2,449,698 | $2,318,356 | $131,342 |
| 2023 | $26,724 | $2,401,666 | $2,272,899 | $128,767 |
| 2022 | $26,303 | $2,354,576 | $2,228,333 | $126,243 |
| 2021 | $25,586 | $2,250,000 | $1,750,000 | $500,000 |
| 2020 | $21,730 | $1,900,000 | $1,500,000 | $400,000 |
| 2019 | $21,970 | $1,900,000 | $1,500,000 | $400,000 |
| 2018 | $20,997 | $1,800,000 | $1,400,000 | $400,000 |
| 2017 | $20,595 | $1,761,000 | $1,375,000 | $386,000 |
| 2016 | $23,605 | $2,110,752 | $1,997,579 | $113,173 |
| 2015 | $15,457 | $1,350,000 | $1,060,000 | $290,000 |
| 2014 | $15,233 | $1,350,000 | $1,060,000 | $290,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/07/2026 01/07/26 | For Sale | $2,750,000 | 0.0% | $717 / Sq Ft |
| 10/13/2025 10/13/25 | Pending | -- | -- | -- |
| 08/04/2025 08/04/25 | For Sale | $2,750,000 | -- | $717 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI25172167
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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
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