An excellent investment property two blocks from the beach in Downtown Pismo Beach, Ca., consisting of 5 fully-furnished apartment units, 6 single-car garages, 3 guest parking spaces, and a 200 sf (+/-) storage room, and a laundry room with owner-owned coin-op laundry as an additional source of income, and all of this walking distance to the beach and all of the nearby shops and restaurants. There is one 2bd/2a, one 2bd/1ba, and three 1bd/iba. The front two units have nice ocean views, and the rear unit also has a bit of a view down the rear yard. These units function well as year-round, or short-term vacation rentals. The current tenants pay their own gas, electric, and cable as the units are separately metered. There are also separate water meters for each unit and one house meter, but, the current owners do pay all of the water, as well as trash and sewer. The current owners take meticulous care of this property - health forces the sale. Please do not disturb the tenants and please allow 72 hours to schedule showings.
Listing courtesy of Mark Burnes from Burnes Commercial Group
Listing sold by Mark Burnes from Burnes Commercial Group