175 Stimson Ave - Apartments FOR SALE


Pismo Beach, CA 93449
$4,750,000 USD
805-704-0334
175 Stimson Ave, Pismo Beach, CA for Sale
$4,750,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

175 Stimson Ave
Pismo Beach, CA 93449


HIGHLIGHTS

  • Ocean Views
  • Some units recently renovated

OVERVIEW

EVERLYGROVE is pleased to present the opportunity to acquire 175 Stimson Ave, a 7-unit multifamily asset located in the heart of Pismo Beach, CA. This 6,204 square-foot property sits on a 10,874-square-foot lot just steps from the ocean, the Pismo Pier, and the city’s vibrant downtown. Originally built in 1983, the property features a mix of one-, two-, and three-bedroom units, updated interiors, and 15 total parking spaces. With its unbeatable coastal location, walkable amenities, and strong year-round rental demand, 175 Stimson Ave offers a rare opportunity to invest in one of California’s most desirable beach communities.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$552 USD /SF

# OF UNITS

7

PRICE/UNIT

$678,571

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R4

APN/PARCEL ID

005-152-019

ASK ABOUT THIS PROPERTY

Aaron GravesEverlyGroveMore Info
805-704-0334

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Aaron GravesEverlyGroveMore Info
805-704-0334

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.