440 Ocean View Avenue, Pismo Beach, CA 93449
- $785,000
- List Price
- $785,000
- Price Change
- ▲ $35,000 1682723678
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- PW23067942
- Year Built
- 1947
- Lot Size
- 4,000
- Acres
- 0.09
- Lot Location
- Back Yard
- Days on Market
- 44
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- Pismo Beach (360)
Property Description
Welcome to this stunning income property with amazing views. Perfect for an owner-occupied family, short term rental (STR) ***update on 5.30.23...there is a moratorium on STR per the city website**** or an Investor/Landlord. Imagine living in a great neighborhood in Pismo Beach while a tenant helps pay your mortgage. Close by, there is a walking trail and you can walk to the Pismo Beach Pier in 7 minutes. The upper unit has 2 bedrooms and 1 bathroom with a potential of $2,500 per month in rent to offset your mortgage investment. The lower unit is a 1 bedroom 1 bathroom with an income stream potential of $2,000 per month. A private deck for the upper unit. There is storage shed in the back yard and a built in storage room below the carport (accessed from the back yard). Both heating systems have been upgraded recently. Windows that open/move are dual glazed, stationary windows have not been upgraded. This investment has been enjoyed by a family for 23 years. Who is ready to take advantage of this beautiful investment and become it's caretaker for the next decades to come? *** Updated Amount*** Seller may carry with a ***$400,000 Down Payment. This rare jewel won't last, submit your highest and best offer today.
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Additional Information
- Other Buildings
- Shed(s)
- Appliances
- Gas Range
- Pool Description
- None
- Heat
- Forced Air, Wall Furnace
- View
- Trees/Woods
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $54,000
- Operating Expense
- 8925
Mortgage Calculator
Listing courtesy of Listing Agent: Robin Abbott (aahsales@gmail.com) from Listing Office: Robin L. Abbott, Broker.
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.