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$4,275,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 8 days ago
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Exceptional coastal investment opportunity just ½ block from the Boardwalk and beach in the heart of Downtown Pismo Beach. This well-located 7-unit apartment building offers a strong unit mix consisting of one 3-bedroom/2-bath unit, five 2-bedroom/1-bath units, and one studio, with two of the 2-bedroom units tastefully renovated in 2024. The property features covered, gated on-site parking and a convenient coin-operated laundry facility, enhancing tenant appeal and operational efficiency. Surrounded by luxury condominiums, retail, and premier coastal amenities, this irreplaceable location offers exceptional walkability and long-term upside, including potential opportunities for condo conversion or short-term rental use, subject to buyer verification with the City of Pismo Beach.

Full Property Details for 175 Stimson Ave

General

  • Price: $4,275,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PI26024195
  • Updated: 2/19/2026
  • Days on Market: 24 days
  • Added to Site: 25 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: Common Area, Community, Inside

Additional Information

  • Pool Description: None

Location

  • Area: PSMO - Pismo Beach
  • County: San Luis Obispo
  • Development Name: PSMO - Pismo Beach
  • Driving Directions: Turn west onto Stimson, residence is on your right.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 7
  • # Electric Meters: 7

Structural Information

  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 6,012
  • Year Built: 1983

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Number of Units: 5
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.2496
  • Lot Size (Sq. Ft.): 10,874
  • Lot Size Source: Assessor
  • Lot Dimensions: 10.874
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $711.08
  • Price Per Unit: 610714

Listed by Mariani Realty, Robert Mariani

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Listing agent

— 175 Stimson Ave —

  • Robert Mariani

    Mariani Realty

805-459-2324

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 175 Stimson Ave

School District:Lucia Mar Unified School District
NameGradesDistance
Shell Beach Elementary School
2100 Shell Beach Road, Pismo Beach, CA 93449
K-62.5 mi
Judkins Middle School
680 Wadsworth Street, Pismo Beach, CA 93449
7-80.5 mi
Arroyo Grande High School
495 Valley Road, Arroyo Grande, CA 93420
8-123.8 mi
Central Coast New Tech High School
523 North Thompson Avenue, Nipomo, CA 93444
9-1210.8 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 175 Stimson Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/03/2026
Listed
$4,275,000
3.01%
MLS
5/03/2023
Sold
$4,150,000
—
Public Record
Get Price Alerts and Save Property
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 for 175 Stimson Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$46,122
480%
$4,233,000
2%
2023
$7,948
—
$4,150,000
520%
2023
$7,948
2%
$669,890
2%
2022
$7,817
—
$656,755
2%
2021
$7,780
1%
$643,878
1%
2020
$7,684
1%
$637,277
2%
2019
$7,619
1%
$624,783
2%
2018
$7,518
2%
$612,534
2%
2017
$7,384
6%
$600,524
2%
2016
$6,996
1%
$588,750
2%
2015
$6,900
3%
$579,907
2%
2014
$6,692
1%
$568,548
—
2013
$6,653
—
$565,979
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Mariani Realty, Robert Mariani

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175 Stimson Avenue, Pismo Beach, CA 93449 (MLS# PI26024195) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 175 Stimson Avenue is currently listed for $4,275,000 and was received on February 03, 2026. Want to learn more about 175 Stimson Avenue? Do you have questions about finding other Multi-Family real estate for sale in Pismo Beach? You can browse all Pismo Beach real estate or contact a Coldwell Banker agent to request more information.

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