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111 Montecito Avenue

Pismo Beach, CA 93449
  • $1,499,000
  • STATUS: Active
  • ON SITE: 123 Days
  • ID#: PI25147310
UPDATED: 51 min ago
$1,499,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Ratings & Info

Listing Agent(s): Kevin Zepeda of Res Com Services (805-431-1166)


Description

Very hard to find multi-unit property located in the Shell Beach area of desirable Pismo Beach. This triplex building consists of three spacious 2bd units (3428sq') with covered off street parking. Beach access, local shops, community parks, and restaurants are all conveniently located a short distance away. Looking for a unit to call your own while still generating income? Have a 1031 Exchange and want an investment property near the beach? Enjoy all that this coastal community has to offer and have a look at this excellent investment opportunity.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-11-08T16:30:31.527. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.kennyrealestategroup.com/homes/165595236
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111 Montecito Avenue Pismo Beach, CA 93449

  • Price: $1,499,000
  • Status: Active
  • On Site: 123 Days
  • Updated: 51 min ago
  • ID#: PI25147310
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1978
Built
Neighborhood:
Slbh - Shell Beach
County:
San Luis Obispo
Area:
Slbh - Shell Beach
Property Description
Very hard to find multi-unit property located in the Shell Beach area of desirable Pismo Beach. This triplex building consists of three spacious 2bd units (3428sq') with covered off street parking. Beach access, local shops, community parks, and restaurants are all conveniently located a short distance away. Looking for a unit to call your own while still generating income? Have a 1031 Exchange and want an investment property near the beach? Enjoy all that this coastal community has to offer and have a look at this excellent investment opportunity.
Exterior Features

Carport Spaces 4 Carport YN Yes Entry Level 1 Entry Location Front Door Foundation Details Slab Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Open Parking Spaces 2 Parking Features Attached Carport Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle Spa Features None Spa YN No

Interior Features

Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Space Heater Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features BikingWater Sports Current Financing Conventional Electric Expense 1100 Fuel Expense 0 Garage YN No Gross Income 65880 Gross Scheduled Income 65880 Insurance Expense 1500 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing Loan1031 Exchange Net Operating Income 56680 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 9200 Possession Close Of Escrow Property Condition Repairs Cosmetic Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 1800 Utilities Cable AvailableElectricity AvailableNatural Gas Available Water Sewer Expense 4800 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-11-08T16:30:31.527. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
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Keller Williams Realty Central Coast
350 James Way
Pismo Beach CA, 93449
Listing Agent(s): Kevin Zepeda of Res Com Services (805-431-1166)