NOT LISTED FOR SALE

267 Cypress St Pismo Beach, CA 93449

Estimated Value: $1,855,230 - $2,235,000

6 Beds
4 Baths
2,656 Sq Ft
$784/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $2,000,000 $753 Per Sq Ft

Current estimated payment $12,195/month

118 Days on Market

Highlights

  • Ocean View
  • Property is near public transit
  • Main Floor Bedroom
  • Arroyo Grande High School Rated A-
  • Cathedral Ceiling
  • 1-minute walk to Mary Herrington Park

About This Home

As of January 2024

A golden opportunity awaits! Nestled in the heart of downtown Pismo Beach, this exquisite Duplex offers a myriad of possibilities. Whether you choose to reside in one unit and lease the other, opt for full-time rentals, or venture into the realm of short-term vacation rentals, the potential here is boundless. Positioned within the coveted Vacation Rental Zone with no HOA, this property proves to be an astute investment. Situated a mere block away from the sun-kissed sand and the majestic Pacific Ocean, and only a few blocks from the Pismo Beach Pier. Each of the units boasts three bedrooms, two bathrooms, 1,328 square feet, along with a two-car garage. The lower level has two bedrooms and a bathroom, while the upper level is complete with the master bedroom, a second bathroom, a well-appointed kitchen, a spacious living area, and a charming dining space. The layout is thoughtfully designed with airy, high ceilings, complemented by tasteful tile and laminate wood flooring, and warmed by a cozy gas log fireplace. Each unit boasts its own private balcony, as well as a convenient outdoor shower for rinsing off sandy beach adventures. Unit 267 additionally offers some ocean views from the balcony, living room, kitchen, and dining area. Seize this extraordinary chance to become a part of the flourishing vacation rental market in the heart of downtown Pismo Beach!

Last Agent to Sell the Property

Jill Jackson

Taylor Hoving Realty Group License #01308987 Listed on: 07/29/2023

Last Buyer's Agent

Jessica Burns

Keller Williams Realty Central Coast License #02042666

Keller Williams Realty Central Coast

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,574

Year Built

  • Built in 2007

Lot Details

  • 3,370 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 4 Car Attached Garage
  • Parking Available

Home Design

  • Duplex
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,656 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near public transit

Schools

  • Shell Beach Elementary School
  • Judkins Middle School
  • Arroyo Grande High School

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 2 Units
  • Pismo Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005162062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,574

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Inclusions: All washers, dryers and refrigerators with no warranties
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Pismo Beach (360)
  • View: Yes
  • Zoning: CD
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 005162062
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2656.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Unfurnished
  • Stories: 2
  • Entry Location: ground
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 6
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 753.01
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Bathroom Features: Shower, Shower In Tub

Exterior Features

  • Foundation: Slab
  • View: Ocean
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Inside, Upper Level, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Lucia Mar Unified
  • Elementary School: Shell Beach
  • Middle School: Judkins
  • High School: Arroyo Grande
  • Elementary School: Shell Beach
  • High School: Arroyo Grande
  • Middle Or Junior School: Judkins
  • Elementary School #2: SHBEA
  • High School2: ARRGR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Near Public Transit
  • Lot Size Sq Ft: 3370.00
  • Lot Size Acres: 0.0774

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3370.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 117.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2023
Closed on
Nov 29, 2023
Sold by
Triple D Rentals Llc
Bought by
Lemon Tree Properties Llc
Seller's Agent
Jill Jackson
Taylor Hoving Realty Group
Buyer's Agent
Jessica Burns
Keller Williams Realty Central Coast
List Price
$2,250,000
Sold Price
$2,000,000
Premium/Discount to List
-$250,000
-11.11%
Views
307
Current Estimated Value
$2,005,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,368
Avg. Annual Appreciation
2.60%
Original Mortgage
$1,400,000
Outstanding Balance
$1,372,228
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$710,515

Purchase Details

Listed on
Sep 8, 2008
Closed on
Jan 23, 2013
Sold by
Torres Ulrich and Torres Rita Carol
Bought by
Triple D Rentals Llc
Seller's Agent
Uli Torres
The Agents Central Coast
Buyer's Agent
Kay Kertis
Taylor Hoving Realty Group
List Price
$1,195,000
Sold Price
$1,125,000
Premium/Discount to List
-$70,000
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Feb 9, 2007
Sold by
Graves Stephen R and Graves Rebecca A
Bought by
Torres Ulrich and Torres Rita Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Interest Rate
6.5%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Lemon Tree Properties Llc $2,000,000 First American Title
Triple D Rentals Llc $1,125,000 Fidelity National Title Co
Torres Ulrich -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemon Tree Properties Llc $1,400,000
Previous Owner Torres Ulrich $952,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $2,000,000 -4.8% $753 / Sq Ft
11/24/2023 11/24/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $2,100,000 -3.4% $791 / Sq Ft
08/21/2023 08/21/23 Price Changed $2,175,000 -3.3% $819 / Sq Ft
07/29/2023 07/29/23 For Sale $2,250,000 +100.0% $847 / Sq Ft
02/06/2013 02/06/13 Sold $1,125,000 -5.9% $423 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
01/12/2013 01/12/13 Price Changed $1,195,000 0.0% $449 / Sq Ft
01/12/2013 01/12/13 For Sale $1,195,000 +6.2% $449 / Sq Ft
01/01/2013 01/01/13 Off Market $1,125,000 -- --
09/08/2008 09/08/08 For Sale $1,197,000 -- $450 / 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 $14,574 $2,040,000 $1,173,000 $867,000
2024 $14,402 $1,358,183 $573,454 $784,729
2023 $14,402 $1,331,553 $562,210 $769,343
2022 $14,181 $1,305,445 $551,187 $754,258
2021 $14,148 $1,279,849 $540,380 $739,469
2020 $13,984 $1,266,727 $534,840 $731,887
2019 $13,881 $1,241,890 $524,353 $717,537
2018 $13,712 $1,217,540 $514,072 $703,468
2017 $13,482 $1,193,668 $503,993 $689,675
2016 $12,742 $1,170,263 $494,111 $676,152
2015 $12,571 $1,152,685 $486,689 $665,996
2014 $12,121 $1,125,000 $675,000 $450,000
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: PI23139209

California Regional Multiple Listing Service (CRMLS)

APN: 005-162-062