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!