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$3,700,000
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Property Description
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
Full Property Details for 175 Stimson Ave
General
- Sold For: $3,700,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PI26024195
- Added to Site: 120 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Inside, Community, Common Area
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 Source: Assessor
- Lot Dimensions: 10.874
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $615.44
- Price Per Unit: 610714
Listed by Mariani Realty, Robert Mariani
Sold by OiC Real Estate Services Inc, Kristenann Coulter-Murchison
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Schools
Schools serving 175 Stimson Ave
School District:Lucia Mar Unified School District
| Name | Grades | Distance |
|---|---|---|
Shell Beach Elementary School 2100 Shell Beach Road, Pismo Beach, CA 93449 | K-6 | 2.5 mi |
Judkins Middle School 680 Wadsworth Street, Pismo Beach, CA 93449 | 7-8 | 0.5 mi |
Arroyo Grande High School 495 Valley Road, Arroyo Grande, CA 93420 | 8-12 | 3.8 mi |
Central Coast New Tech High School 523 North Thompson Avenue, Nipomo, CA 93444 | 9-12 | 10.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 175 Stimson Ave
Date
Details
Price
Change
Source
4/16/2026
Sold
$3,700,000
-13.45%
MLS
2/03/2026
Listed
$4,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
175 Stimson Avenue, Pismo Beach, CA 93449 (MLS# PI26024195) is a Multi-Family property that was sold at $3,700,000 on April 16, 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.

