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$3,695,000
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Property Description
Welcome to Landing Passage - A turn-key mixed use (residential + commercial) building located just four doors from the pristine shores of Downtown Avila Beach. This exceptional property offers a rare opportunity to own a fully licensed short term vacation rental and income-generating asset in one of the most prime coastal locations in California. The offering includes two turnkey residential units and two established commercial units. The primary residence features 2 bedrooms, 2 bathrooms, approximately 1,303 square feet of living space, Cape Cod-inspired interiors, ocean views, three balconies, rooftop access, two fireplaces, a laundry closet, and a private 2-car garage. Directly below, a commercial suite includes wood flooring, a private office, built-ins, a dry bar, and a bathroom with shower. Across the landscaped pedestrian pathway, the second commercial unit includes French doors, a fireplace, and a bathroom. Above it sits a 1-bedroom vacation rental with travertine flooring, a full kitchen, fireplace, in-unit laundry, and private deck, plus dedicated parking and a storage closet in the secure garage. Both vacation rentals are being sold fully furnished with future bookings in place, and the commercial units have strong lease history. Ideal as a long-term investment, personal retreat with income, or live-work opportunity in one of the Central Coast's most vibrant beach communities.
Full Property Details
Full Property Details for 74 San Francisco St
General
- Price: $3,695,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: SC25113397
- Updated: 12/17/2025
- Days on Market: 272 days
- Added to Site: 272 day(s) ago
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Inside
Location
- County: San Luis Obispo
- Driving Directions: Corner of San Francisco Street & 1st Street
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Fireplace(s), Forced Air, Heat Pump
Structural Information
- # Buildings: 2
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 3279
- Square Feet: 3,279
- Year Built: 2009
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.0689
- Useable Acres: .0689
- Lot Size (Sq. Ft.): 3,000
- Lot Size Source: Assessor
- Lot Features: Level with Street
- Lot Description: Level with Street
Financial Considerations
- Price Per Sq. Ft.: $1,126
Disclosures and Reports
- Property ID: 76216023
Listed by Eighty20 Group, WalkerSotello and FaridShahid
Get Pre-Approved Today
Schools
Schools serving 74 San Francisco St
School District:San Luis Coastal Unified School District
| Name | Grades | Distance |
|---|---|---|
Smith (C. L.) Elementary School 1375 Balboa Street, San Luis Obispo, CA 93405 | K-6 | 6.2 mi |
Laguna Middle School 11050 Los Osos Valley Road, San Luis Obispo, CA 93405 | 7-8 | 6.2 mi |
San Luis Obispo High School 1499 San Luis Drive, San Luis Obispo, CA 93401 | 9-12 | 8.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 74 San Francisco St
Date
Details
Price
Change
Source
9/19/2025
Price Reduced
$3,695,000
-4.65%
MLS
5/23/2025
Listed
$3,875,000
21.09%
MLS
2/07/2022
Sold
$3,200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 74 San Francisco St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$37,565
3%
$3,395,865
2%
2023
$36,324
—
$3,329,280
2%
2023
$36,324
92%
$3,264,000
83%
2022
$18,938
2%
$1,779,477
2%
2021
$18,637
1%
$1,744,586
1%
2020
$18,445
1%
$1,726,699
2%
2019
$18,234
2%
$1,692,843
2%
2018
$17,877
10%
$1,659,651
11%
2017
$16,194
17%
$1,500,000
17%
2016
$13,892
—
$1,285,000
—
2015
$13,901
19%
$1,285,000
12%
2014
$11,660
2%
$1,150,000
2%
2013
$11,407
—
$1,125,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 74 San Francisco St
74 San Francisco Street, Avila Beach, CA 93424 (MLS# SC25113397) is a Commercial property. 74 San Francisco Street is currently listed for $3,695,000 and was received on May 23, 2025. Want to learn more about 74 San Francisco Street? Do you have questions about finding other Commercial real estate for sale in Avila Beach? You can browse all Avila Beach real estate or contact a Coldwell Banker agent to request more information.

