305 Leeward Avenue, Pismo Beach, CA 93449

$2,500,000
Sold Price
$2,500,000
List Price
$2,700,000
Closing Date
Jan 03, 2024
Status
CLOSED
MLS#
SC23184415
Year Built
1949
Lot Size
8,960
Acres
0.21
Lot Location
2-5 Units/Acre, Corner Lot, Street Level
Days on Market
62
Property Type
Multifamily
Style
Bungalow
Property Sub Type
Apartment
Stories
One Level

Property Description

Don't miss this rare opportunity to own an income-producing coastal oasis in the highly sought-after Shell Beach, CA! This extraordinary multi-unit property boasts three delightful stand-alone cottages and a charming duplex, each featuring 2 bedrooms, 1 bathroom, and convenient interior laundry hook-ups. Each with captivating warm, inviting atmospheres. Complemented by thoughtfully designed layouts and various modern updates. Imagine unwinding in the communal courtyard, a tranquil space perfect for relaxation and rejuvenation. And with individual storage sheds, you'll have the perfect spot to stow away beach essentials or seasonal belongings. Situated on a large parcel that has the potential to be split and is just a stone's throw away from the ocean, this property not only offers immediate income but also holds incredible potential for redevelopment or as a cherished family legacy. Embrace the coastal lifestyle by immersing yourself in the vibrant local community. Whether you're an avid outdoor enthusiast or a connoisseur of relaxation, this coastal paradise has something for everyone. Indulge in the nearby coffee shops, dine at delicious restaurants, explore unique boutiques, or pamper yourself at luxurious spas. Don't miss this opportunity to own a piece of paradise as well as its income-production with limitless potential in one of California's most coveted coastal destinations. Schedule a viewing today and let your coastal dreams become a reality!

Additional Information

Other Buildings
Shed(s)
Appliances
Tankless Water Heater, Water Heater
Pool Description
None
Heat
Combination
Cooling Description
None
View
Courtyard, Neighborhood, Peek-A-Boo
Exterior Construction
Stucco
Roof
Composition
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$140,175
Operating Expense
40667

Listing courtesy of Listing Agent: Lee Anne Fisher (LeeAnneFisher@gmail.com) from Listing Office: Compass.

Listing sold by Manuel Ortiz Jr. from Manuel Ortiz Real Estate

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.