351 San Luis Ave Pismo Beach, CA 93449

UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,844 sqft
Price per Sqft $608
MLS Listing ID SC-26066813
Year Built 1949
Lot Size 5,331 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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
Heating Wall Furnace
Fireplaces Type None
Laundry Community
Exterior
Exterior Feature Awning(s), Rain Gutters
Parking Features Garage, Garage Faces Front, Assigned
Garage Spaces 1.0
Pool None
Community Features Biking, Curbs, Gutters, Mountainous, Sidewalks, Storm Drains, Watersports
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
View Y/N Yes
View Ocean
Building
Lot Description Irregular Lot, 0-1 Unit/Acre
Sewer Public Sewer
Others
Virtual Tour https://351sanluisave.com/idx
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