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An excellent investment property two blocks from the beach in Downtown Pismo Beach, Ca., consisting of 5 fully-furnished apartment units, 6 single-car garages, 3 guest parking spaces, and a 200 sf (+/-) storage room, and a laundry room with owner-owned coin-op laundry as an additional source of income, and all of this walking distance to the beach and all of the nearby shops and restaurants. There is one 2bd/2a, one 2bd/1ba, and three 1bd/iba. The front two units have nice ocean views, and the rear unit also has a bit of a view down the rear yard. These units function well as year-round, or short-term vacation rentals. The current tenants pay their own gas, electric, and cable as the units are separately metered. There are also separate water meters for each unit and one house meter, but, the current owners do pay all of the water, as well as trash and sewer. The current owners take meticulous care of this property - health forces the sale. Please do not disturb the tenants and please allow 72 hours to schedule showings.
Listing agent: Mark Burnes DRE #01361305 mark@bcgcentralcoast.com, Listing office: Burnes Commercial Group
MLS data updated 10/23/2026, 10:30:41 AM PT
Source: CRMLS, MLS #: PI20009640
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 6, 2020
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 93449 · Oct 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
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