$1,850,000

351 San Luis Ave Pismo Beach, CA 93449

Estimated payment $11,931/month

Total Views 13,698
1 Bed
5 Baths
2,844 Sq Ft
$650 Price per Sq Ft

Highlights

  • Laundry Room
  • Wall Furnace
  • 4-minute walk to Dinosaur Caves Park
  • Arroyo Grande High School Rated A-

About This Home

Marketing Remarks: great location just a little over a block from the ocean! this could be the coolest property in downtown Pismo. one car garage on the street to store your toys, with 5 residential units. the unit mix is a 1 bed, 3 small studios, and one larger 2nd story studio with a balcony facing the ocean, perfect for an owner user. there is also a large private community patio to chillax and bbq on. this is a little oasis property in the heart of downtown pismo beach!

Listing Agent

Robert Lee

California Property Services Brokerage Phone: 8054402731 License #00876258 Listed on: 12/05/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 5,227 Sq Ft Lot
  • Two or More Common Walls
  • Irregular Lot

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Property Attached
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,844 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 5 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 005066028

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Pismo Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • Rent Control
  • Electric Expense $2,000
  • Fuel Expense $1,500
  • Gardener Expense $880
  • Insurance Expense $2,600
  • Professional Management Expense $6,000
  • Trash Expense $1,000
  • Water Sewer Expense $1,800
  • Operating Expense $26,000
  • Gross Income $86,000
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 370000
  • Professional Management Expense: 6000.00
  • Property Attached: Yes
  • Subdivision Name Other: Pismo Beach(360)
  • Water Sewer Expenses: 1800.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 880.00
  • Parcel Number: 005066028
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 650.49

Exterior Features

  • Foundation: Raised, Slab
  • Pool Private: No
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Lot Size Sq Ft: 5227.20
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Electric Expense: 2000.00
  • Fuel Expense: 1500.00
  • Gross Income: 86000.00
  • Gross Scheduled Income: 86000.00
  • Insurance Expense: 2600.00
  • Lot Size Area: 0.1200 Acres
  • Net Operating Income: 60000.00
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 26000.00
  • Rent Control: Yes
  • Total Expenses: 26000.00

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

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $1,850,000 0.0% $650 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
12/05/2024 12/05/24 For Sale $1,850,000 -- $650 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI24244480

California Regional Multiple Listing Service (CRMLS)

APN: 005-066-028

California San Luis Obispo County Pismo Beach 93449

351 San Luis Ave, Pismo Beach, CA

This home is located at 351 San Luis Ave, Pismo Beach, CA 93449 and is currently priced at $1,850,000, approximately $650 per square foot. This property was built in 1949. 351 San Luis Ave is a home located in San Luis Obispo County with nearby schools including Judkins Middle School, Arroyo Grande High School, and Dandy Lion Montessori School.

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.

California Regional Multiple Listing Service (CRMLS) 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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Robert Lee
Listing Agent
Robert Lee
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California Property Services
(805) 721-3647