351 San Luis Ave, Pismo Beach, CA 93449
351 San Luis Ave, Pismo Beach, CA 93449
351 San Luis Ave, Pismo Beach, CA 93449
38
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$1,730,000
Est. payment /mo
5,331 Sqft Lot
Active

351 San Luis Ave Pismo Beach, CA 93449

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Pismo Beach (360)

MLS Listing ID SC26066813

HOA Y/N No

Year Built 1949

Lot Size 5,331 Sqft

Property Sub-Type Apartment

Property Description

Incredible ocean views just over a block from the sand! 351 San Luis Avenue offers a rare opportunity to own a versatile coastal property in the heart of Pismo Beach. Ideally located within walking distance to the pier, downtown shops, and restaurants, this property captures the essence of beachside living while delivering strong income potential.

The property consists of five residential units, including a one-bedroom unit, three studio units, and a larger upper-level studio with a private balcony showcasing sweeping ocean views. From this elevated vantage point, enjoy breathtaking sunsets over the Pacific and front-row views of the Fourth of July fireworks over the Pismo Pier. Whether you're looking to invest or live onsite, you have the flexibility to choose your preferred unit to owner-occupy while generating income from the others, all while taking full advantage of the property's standout coastal views.

Additional features include a one-car garage, a shared outdoor patio area ideal for relaxing or entertaining, a coin-operated laundry room, and a separate storage shed. The garage, laundry, and storage shed are all currently rented, providing additional income streams beyond the residential units.

The property has seen recent improvements including a new roof and balcony railing, newer exterior paint, and updates to plumbing and electrical systems, enhancing both functionality and long-term value.

With limited multifamily inventory in this highly desirable coastal community, the property benefits from strong tenant demand and long-term upside. Whether you're seeking a primary residence with rental income, a vacation property, or a solid investment, 351 San Luis offers a unique blend of location, income, and exceptional ocean-view living in one of the Central Coast's most sought-after markets.

Location

State CA

County San Luis Obispo

Area Psmo - Pismo Beach

Zoning RR

Interior

Interior Features Balcony, Bedroom on Main Level, Main Level Primary

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Awning(s), Rain Gutters

Parking Features Assigned, Garage Faces Front, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Wood

Pool None

Community Features Biking, Curbs, Gutter(s), Mountainous, Storm Drain(s), Sidewalks, Water Sports

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Waterfront Description Beach Access,Ocean Access,Ocean Side Of Freeway

View Y/N Yes

View Ocean

Roof Type Asphalt,Shingle

Accessibility None

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Irregular Lot

Story 2

Entry Level One,Two

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 005066028

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 1382.0

Acceptable Financing Cash, 1031 Exchange, Submit

Listing Terms Cash, 1031 Exchange, Submit

Special Listing Condition Standard, Trust

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Listed by Kris Nafziger San Luis Bay Realty 805-748-4105, DRE #02127192

NEARBY SCHOOL & BUSINESS

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Pamela Santy

Pamela Santy

Broker Associate | License ID: 00589882

+1(559) 408-4747

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351 San Luis Ave