Steve Murphy
Century 21 Masters
(805) 706-0047
66 Total Sales
5 in Nipomo
$315K - $1.2M Price Range
188 W Tefft St Nipomo, CA 93444
Nipomo AreaEstimated Value: $685,392
4
Beds
2
Baths
1,572
Sq Ft
$436/Sq Ft
Est. Value
Highlights
- Corner Lot
- Laundry closet
- 1-Story Property
- No HOA
- Foothills
About This Home
As of May 2025Duplex on Commercial Lot with Development Potential!
Welcome to this unique investment opportunity located on a high-visibility corner lot along bustling Tefft Street in Nipomo. This "grandfathered-in" duplex features (TWO) 2 bed/1 bath units on a spacious lot with room for an additional ADU. Zoned for commercial use, this property presents endless potential while currently generating rental income as a duplex. The highest and best use may be redevelopment into a mixed-use building, with commercial suites on the ground floor and residential units above—maximizing both exposure and revenue on this prime corner parcel. Whether you’re an investor, developer, or owner-user, this is a golden opportunity to secure a rare property in a high-traffic location. Don’t miss out—opportunities like this don’t last long! The property can NOT do conventional financing, however the seller is willing to seller finance. Call to discuss seller financing options.
Last Agent to Sell the Property
BHGRE Haven Properties Brokerage Phone: 805-801-2787 License #01886688 Listed on: 04/10/2025
Last Buyer's Agent
BHGRE Haven Properties Brokerage Phone: 805-801-2787 License #01886688 Listed on: 04/10/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 17,450 Sq Ft Lot
- 1 Common Wall
- Corner Lot
Parking
- On-Street Parking
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,572 Sq Ft Home
- 1-Story Property
- Laundry closet
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 3 / 2
- Assessor Parcel Number 090131007
Community Details
Overview
- No Home Owners Association
- 2 Units
- Nipomo Subdivision
- Foothills
Amenities
- Laundry Facilities
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $48,000
- Net Operating Income $48,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2025
Closed on
May 1, 2025
Sold by
Bought by
Seller's Agent
Breana Stachura
BHGRE Haven Properties
Buyer's Agent
Breana Stachura
BHGRE Haven Properties
List Price
$675,000
Sold Price
$675,000
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,392
Avg. Annual Appreciation
1.21%
Original Mortgage
$375,000
Outstanding Balance
$370,212
Interest Rate
6.64%
Mortgage Type
Seller Take Back
Estimated Equity
$315,180
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Nipomo, CA
-
Steve Murphy
-
Joshua Farris
Joshua Farris
Guide Real Estate
(805) 257-1597
58 Total Sales
5 in Nipomo
$160K - $952K Price Range
-
Mari Buenrostro
Mari Buenrostro
Realty One Group West
(805) 608-4952
19 Total Sales
3 in Nipomo
$490K - $600K Price Range
-
Erik O'Sullivan
Erik O'Sullivan
RE/MAX Success
(805) 819-5694
43 Total Sales
3 in Nipomo
$1,135,000 Price Range
-
Dominique Arconi
Dominique Arconi
Intempus Realty
(669) 213-4782
3 Total Sales
1 in Nipomo
$563,000 Price
-
Cory Mason
Cory Mason
Home Again
(805) 519-7564
22 Total Sales
5 in Nipomo
$650K - $1.8M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $675,000 | Fidelity National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $375,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Sold | $675,000 | 0.0% | $429 / Sq Ft |
| 04/23/2025 04/23/25 | Pending | -- | -- | -- |
| 04/10/2025 04/10/25 | For Sale | $675,000 | -- | $429 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $505 | $688,500 | $382,500 | $306,000 |
| 2025 | $488 | $47,408 | $8,600 | $38,808 |
| 2024 | $482 | $46,480 | $8,432 | $38,048 |
| 2023 | $482 | $45,569 | $8,267 | $37,302 |
| 2022 | $475 | $44,676 | $8,105 | $36,571 |
| 2021 | $474 | $43,801 | $7,947 | $35,854 |
| 2020 | $469 | $43,353 | $7,866 | $35,487 |
| 2019 | $466 | $42,504 | $7,712 | $34,792 |
| 2018 | $460 | $41,671 | $7,561 | $34,110 |
| 2017 | $452 | $40,855 | $7,413 | $33,442 |
| 2016 | $426 | $40,055 | $7,268 | $32,787 |
| 2015 | $420 | $39,454 | $7,159 | $32,295 |
| 2014 | $404 | $38,682 | $7,019 | $31,663 |
Source: Public Records
Agents Affiliated with this Home
-
Breana Stachura
Seller's Agent in 2025
Breana Stachura
BHGRE Haven Properties
(805) 801-2787
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI25078516
APN: 090-131-007
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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
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