351 San Luis Avenue presents a rare coastal multifamily investment opportunity located just 1.5 blocks from the Pacific Ocean and within walking distance to downtown Pismo Beach. The property offers investors an exceptional combination of lifestyle appeal, supply-constrained market fundamentals, and long-term rental growth potential. Situated in one of California’s most desirable coastal communities, the property benefits from consistent tenant demand driven by limited multifamily housing stock and a thriving local tourism economy. Its proximity to beaches, restaurants, and retail amenities enhances livability while supporting strong occupancy and rent stability.