Sold

241 Ocean View

Pismo Beach CA, 93449

$4,499,000


$384.66 per sqft

Sold

11,696 sqft

Condo

Built in 1977

Listed by Hal Sweasey with Keller Williams Realty Central Coast 805-773-7777

Outstanding Investment Opportunity! First time on the market for this 17 unit Apartment Building located just a block from the beach. At La Marseille Apartments, there are 5 different floor plans ranging from approx 600-700 sqft, featuring 1 bedroom, 1 bath, a living room, dining area and kitchen. Thirteen of the units have a balcony, 3 of which have ocean views and 10 of the units have been updated with new vinyl plank flooring. The units are all electric including the appliances and radiant heat in the ceilings. The ground level features 1 assigned covered parking space per unit (Manager gets 2) and 7 uncovered spaces offering additional off street parking. There are also 5 garages, 2 double 20' X 20' and 3 single 10' X 10' available for an additional fee. For convenience, an elevator is situated on each level, plus a laundry room on the 2nd and 3rd levels. The onsite manager receives a discount on rent and keeps the property well maintained. Pets are allowed at $45 per month increase in rent per pet and the tenants are offered a $50 discount when rent is paid by the 1st of every month. With such a great location, vacancies are rare and any available unit immediately rented again upon completion of any repairs/maintenance. Don't miss this rare opportunity to own investment property in Pismo Beach just a short stroll to the beach, great restaurants and shopping, water sports, hiking and biking!

SC23151174

MLS ID

August 11, 2023

Listed

February 16, 2024

Updated

Map

241 Ocean View
Pismo Beach CA, 93449

Interior Features

Total Stories

3


Interior Features

Balcony


Appliances

Electric Oven, Electric Range, Electric Water Heater, Refrigerator


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Electric, Radiant

Exterior/Building Features

Lot Size

0.42 Acres


Lot Features

Corner Lot


Roof

Composition


Sewer

Public Sewer

Other Property Details

Area Name

PSMO - Pismo Beach


Days on Market

28


Garage

Yes


Garage Spaces

7


Parking

Assigned, Covered, Driveway Level, On Site, Off Street, Private, Garage Faces Rear, One Space, Community Structure, Uncovered


Parking Total

32


View

Yes


View Description

Neighborhood, Peek-A-Boo


County

San Luis Obispo


Water Source

Public


Pool

No


Pool Features

None


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

1/9/2024

Price Change

$4,275,000

-5%

1/9/2024

Sold

10/14/2023

Pending

10/11/2023

Price Change

$4,499,000

-10%

10/5/2023

Price Change

$4,950,000

-5%

9/27/2023

Price Change

$5,200,000

-10%

9/27/2023

Active

9/18/2023

Pending

Listing Contact: 805-773-7777 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/16/2024 at 6:33 AM UTC

 

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