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369 Hinds Ave
Pismo Beach, CA 93449
Multifamily Property For Sale · 5 Units

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 8,986 SF
Average Occupancy 100%
No. Stories 2
Year Built 1987
Parking Ratio 1/1,000 SF
Zoning RR - Resort Residential is the most liberal zone in downtown Pismo Beach as it allows for commercial OR residential OR Hotel OR MU

AMENITIES

UNIT AMENITIES

  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Heating
  • Ceiling Fans
  • Kitchen
  • Deck

SITE AMENITIES

  • Laundry Facilities
  • Storage Space

ABOUT 369 HINDS AVE , PISMO BEACH, CA 93449

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/1ba. 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. All 5 units are fully-furnished. The current owners take meticulous care of this property which the self-manage and perform the minimal landscape maintenance - health forces the sale. Please do not disturb the tenants - prior to any showing a potential buyer must review the financials. Thereafter, if there is still interest, allow a minimum of 72 hours to schedule a showing.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
005-131-031
Land Assessment
$984,280
Improvements Assessment
$1,175,668
Total Assessment
$2,159,948
  • Listing ID: 18289131

  • Date on Market: 1/24/2020

  • Last Updated:

  • Address: 369 Hinds Ave, Pismo Beach, CA 93449

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