351 San Luis Avenue

Pismo Beach, CA 93449

$1,850,000
Price
1
Bed
5
Baths
2,844 Sq. Ft.
$650 / Sq. Ft.
2,844
Sq. Ft.
$650
per Sq. Ft.

Description

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!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!
  1. Listed by Robert Lee • DRE #00876258 • Brokerage DRE #01451147 • California Property Services • 8054402731

Property Details for 351 San Luis Avenue

Parking Spaces Total
1
Private Pool
No
Cooling Type
None
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2844
Assessor Parcel Number
005066028
LISTING UPDATED: 12/05/2024 11:05 AM

Property Details for 351 San Luis Avenue

StatusActive
MLS #PI24244480
Days on Market90
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1949
Lot Size0.12 AC / 5,227 SF
CountySan Luis Obispo County

Building Information for 351 San Luis Avenue

Stories2Residences-Year Built1949Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 351 San Luis Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV
Income / Expense / Tax Details
Income Details
  • Gross Income: $86,000
  • Gross Scheduled Income: $86,000
  • Vacancy Allowance: 0
  • Net Operating Income: $60,000
Expense Details
  • Operating Expense: $26,000
  • Gardener Expense: $880
  • Cable TV Expense: $0
  • Fuel Expense: $1,500
  • Furniture Replacement Expense: $0
  • Electric Expense: $2,000
  • Insurance Expense: $2,600
  • Professional Management Expense: $6,000
  • Trash Expense: $1,000
  • Water Sewer Expense: $1,800
  • Total Expenses: $26,000
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Roof: Asphalt, Shingle
  • Entry Location: 1
  • Foundation Details: Raised, Slab
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Irregular Lot
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: No
  • Parking Garage: On street
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Parking Features: Street
Property / Structure Info
  • Builders Tract Name: Pismo Beach
  • Builders Tract Code: Pismo Beach(360)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,350
  • Unit Type Total Rent: $1,350
  • Unit Type Pro Forma: 1350
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,240
  • Unit Type Total Rent: $1,240
  • Unit Type Pro Forma: 1240
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,565
  • Unit Type Total Rent: $1,565
  • Unit Type Pro Forma: 1565
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,565
  • Unit Type Total Rent: $1,565
  • Unit Type Pro Forma: 1565
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 351 San Luis Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 351 San Luis Avenue

Taxable ValueLand$214,057Additions$214,057Total$428,114
Tax Record2024$4,881 ($407 / month)
Home Facts
Total Finished SqFt348 SqFtAbove Grade Finished SqFt348 SqFtLot Size5,331 SqFtStyleMulti-Family Dwelling (2-4)Year Built1949ZoningRRCountySAN LUIS OBISPOAPN005-066-028

Schools near 351 San Luis Avenue

This home is within Lucia Mar Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Shell Beach Elementary School
PublicK to 6

Judkins Middle School
Public7 to 8

Arroyo Grande High School
Public9 to 12

Lopez Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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351 San Luis Avenue is a mixed use property for sale in Pismo Beach, CA 93449. This property was listed for sale on December 5, 2024 by California Property Services, it's currently listed at $1,850,000. This listing's school district is Lucia Mar Unified School District. Nearby schools include Shell Beach Elementary School, Judkins Middle School and Arroyo Grande High School. 351 San Luis Avenue is a 1-bed, 5-bath, 2,844 sqft mixed use property built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of California Property Services, Robert Lee, DRE #00876258

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.