Outstanding Investment Opportunity! First time on the market for this 17 unit Apartment Building located just a block from the beach. At La Marseille Apartments, there are 5 different floor plans ranging from approx 600-700 sqft, featuring 1 bedroom, 1 bath, a living room, dining area and kitchen. Thirteen of the units have a balcony, 3 of which have ocean views and 10 of the units have been updated with new vinyl plank flooring. The units are all electric including the appliances and radiant heat in the ceilings. The ground level features 1 assigned covered parking space per unit (Manager gets 2) and 7 uncovered spaces offering additional off street parking. There are also 5 garages, 2 double 20′ X 20′ and 3 single 10′ X 10′ available for an additional fee. For convenience, an elevator is situated on each level, plus a laundry room on the 2nd and 3rd levels. The onsite manager receives a discount on rent and keeps the property well maintained. Pets are allowed at $45 per month increase in rent per pet and the tenants are offered a $50 discount when rent is paid by the 1st of every month. With such a great location, vacancies are rare and any available unit immediately rented again upon completion of any repairs/maintenance. Don’t miss this rare opportunity to own investment property in Pismo Beach just a short stroll to the beach, great restaurants and shopping, water sports, hiking and biking!
Property Details
Price:
$4,499,000
MLS #:
SC23151174
Status:
Pending
Baths:
0
Address:
241 Ocean View
Type:
Residential Income
City:
Pismo Beach
Listed Date:
Aug 11, 2023
State:
CA
ZIP:
93449
Subdivision:
Pismo Beach 360
Lot Size:
18,126 sqft / 0.42 acres (approx)
Year Built:
1977
Schools
Interior
Appliances
Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Heating
Electric, Radiant
Interior Features
Living Room Balcony
Exterior
Community Features
Curbs, Gutters, Sidewalks
Garage Spaces
7.00
Lot Features
Corner Lot
Parking Features
Assigned, Community Structure, Covered, Driveway Level, Garage Faces Rear, Off Street, On Site, Parking Space, Private, Uncovered
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Spa Features
None
Stories Total
3
View
Neighborhood, Peek- A- Boo
Water Source
Public
Financial
Tenant Pays
Electricity
Map
Contact Us
Mortgage Calculator
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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
More About JoAnn
241 Ocean View
Pismo Beach, CA
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