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305 Leeward Avenue

Pismo Beach, CA 93449
  • $2,700,000
  • STATUS: Active
  • ON SITE: 53 Days
  • ID#: SC23184415
UPDATED: 18 min ago
$2,700,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

Listing Agent(s): Lee Anne Fisher of Compass (805-544-7000) and Summer Kabaker of Compass(805-544-7000)


Description

Don't miss this rare opportunity to own an income-producing coastal oasis in the highly sought-after Shell Beach, CA! This extraordinary multi-unit property boasts three delightful stand-alone cottages and a charming duplex, each featuring 2 bedrooms, 1 bathroom, and convenient interior laundry hook-ups. Each with captivating warm, inviting atmospheres. Complemented by thoughtfully designed layouts and various modern updates. Imagine unwinding in the communal courtyard, a tranquil space perfect for relaxation and rejuvenation. And with individual storage sheds, you'll have the perfect spot to stow away beach essentials or seasonal belongings. Situated on two legal parcels and just a stone's throw away from the ocean, this property not only offers immediate income but also holds incredible potential for redevelopment or as a cherished family legacy. Embrace the coastal lifestyle by immersing yourself in the vibrant local community. Whether you're an avid outdoor enthusiast or a connoisseur of relaxation, this coastal paradise has something for everyone. Indulge in the nearby coffee shops, dine at delicious restaurants, explore unique boutiques, or pamper yourself at luxurious spas. Don't miss this opportunity to own a piece of paradise as well as its income-production with limitless potential in one of California's most coveted coastal destinations. Schedule a viewing today and let your coastal dreams become a reality!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/144269190
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305 Leeward Avenue Pismo Beach, CA 93449

  • Price: $2,700,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 18 min ago
  • ID#: SC23184415
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1949
Built
Neighborhood:
Slbh - Shell Beach
County:
San Luis Obispo
Area:
Slbh - Shell Beach
Property Description
Don't miss this rare opportunity to own an income-producing coastal oasis in the highly sought-after Shell Beach, CA! This extraordinary multi-unit property boasts three delightful stand-alone cottages and a charming duplex, each featuring 2 bedrooms, 1 bathroom, and convenient interior laundry hook-ups. Each with captivating warm, inviting atmospheres. Complemented by thoughtfully designed layouts and various modern updates. Imagine unwinding in the communal courtyard, a tranquil space perfect for relaxation and rejuvenation. And with individual storage sheds, you'll have the perfect spot to stow away beach essentials or seasonal belongings. Situated on two legal parcels and just a stone's throw away from the ocean, this property not only offers immediate income but also holds incredible potential for redevelopment or as a cherished family legacy. Embrace the coastal lifestyle by immersing yourself in the vibrant local community. Whether you're an avid outdoor enthusiast or a connoisseur of relaxation, this coastal paradise has something for everyone. Indulge in the nearby coffee shops, dine at delicious restaurants, explore unique boutiques, or pamper yourself at luxurious spas. Don't miss this opportunity to own a piece of paradise as well as its income-production with limitless potential in one of California's most coveted coastal destinations. Schedule a viewing today and let your coastal dreams become a reality!
Exterior Features

Architectural Style Bungalow Construction Materials Stucco Entry Level 1 Entry Location 1 Exterior Features Rain Gutters Fencing Partial Foundation Details CombinationSlab Lot Features 2-5 Units/AcreCorner LotStreet Level Number Of Separate Electric Meters 5 Other Structures Shed(s) Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Paved Roof Composition Spa Features None Spa YN No View CourtyardNeighborhoodPeek-A-Boo View YN Yes Waterfront Features Ocean Side Of Freeway

Interior Features

Accessibility Features None Appliances Tankless Water HeaterWater Heater Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetLaminateVinylWood Heating Combination Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Gutter(s)Street Lights Disclosures Coastal Commission Restrictions Electric Standard Electric Expense 6.97 Fuel Expense 0 Garage YN No Gross Income 140175 Gross Scheduled Income 140175 Insurance Expense 2764.4 Land Lease YN No Laundry Features Washer HookupInside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 ExchangeSubject To Other Net Operating Income 99507.28 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 40667.7 Other Expense 23955 Possession Negotiable Property Sub Type Apartment Rent Control YN No Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Trash Expense 2086.3 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 3444.2 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Lee Anne Fisher of Compass (805-544-7000) and Summer Kabaker of Compass(805-544-7000)