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175 Stimson Ave

Pismo Beach, CA 93449

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$4,275,000

6,012 sq ft
  |  
0.25 acre

175 Stimson Ave

Pismo Beach, CA 93449

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Listed On: 02/03/2026
Status: Active
Listing Number: PI26024195 (CRMLS)

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Contact Info

Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Listing Agent: Robert Mariani, Mariani Realty

 Exceptional coastal investment opportunity just ½ block from the Boardwalk and beach in the heart of Downtown Pismo Beach. This well-located 7-unit apartment building offers a strong unit mix consisting of one 3-bedroom/2-bath unit, five 2-bedroom/1-bath units, and one studio, with two of the 2-bedroom units tastefully renovated in 2024. The property features covered, gated on-site parking and a convenient coin-operated laundry facility, enhancing tenant appeal and operational efficiency. Surrounded by luxury condominiums, retail, and premier coastal amenities, this irreplaceable location offers exceptional walkability and long-term upside, including potential opportunities for condo conversion or short-term rental use, subject to buyer verification with the City of Pismo Beach.
Property Sub Type
Apartment
Year Built
1983
Year Built Source
Public Records
Special Listing Conditions
Standard
Stories Total
2
Levels
Two
Number Of Buildings
1
Number Of Units Total
7
Entry Level
1
Price Per Square Foot
$711
Price Per Unit
$610,714
Days On London
21
Cumulative Days On London
21
County Or Parish
San Luis Obispo
New Construction Y/N
No
Property Attached Y/N
Yes
Rent Control Y/N
No
Cooling Y/N
No
Heating Y/N
Yes
Directions
Turn west onto Stimson, residence is on your right.
Heating
Central
Cooling
None
Laundry Y/N
Yes
Laundry Features
Common Area, Community, Inside
Common Walls
2+ Common Walls
Fireplace Y/N
No
Fireplace Features
None
Pool Features
None
Pool Private Y/N
No
Average Studio Area Units
Square Feet
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Number Of Separate Electric Meters
7
Number Of Separate Gas Meters
7
Number Of Separate Water Meters
1
Water Source
Public
Sewer
Public Sewer
Lot Features
0-1 Unit/Acre
Lot Size Area
10874.0000
Lot Size Units
Square Feet
Lot Size Dimensions
10,874
Lot Dimensions Source
Public Records
Elevation Units
Feet
Common Interest
Community Apartment
Parcel Number
005152019
Additional Parcels Y/N
No
Subdivision Name
Pismo Beach (360)
Subdivision Name Other
Pismo Beach (360)
Community Features
Biking, Curbs, Hiking, Park, Watersports, Preserve/Public Land, Sidewalks
Senior Community Y/N
No
Association Y/N
No
Gross Income
221400.00
Operating Expense
30000.00
Land Lease Y/N
No
Insurance Expense
4500.00
Water Sewer Expense
4645.00
Professional Management Expense
17903.00
Gross Scheduled Income
251400.00
Gross Income
221400.00
Total Expenses
27048.00
Net Operating Income
221400.00
Operating Expense
30000.00
Gross Income
221400.00
Net Operating Income
221400.00
Tax Block
12
Tax Lot
18

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Copyright © 2026  London Properties, Ltd. All rights reserved.

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