Description:

Pismo Cove Apartments is an 8-unit property located just half a block from the beach and 3 blocks south of the iconic Pismo Pier. The property spans from Ocean View Ave through to Park St and features a mix of (2) 2-bedroom units, (5) 1-bedroom units, and (1) studio. The layout includes a 2-story duplex built above (3) 1-car garages, a laundry room, and storage space; a single-story fourplex; and two detached cottages - all arranged around a private courtyard. Renovated in 2007, the property has continued to offer tenants a relaxed beachside lifestyle. Amenities include a large communal patio with BBQ, tables, chairs, and umbrellas, surrounded by mature palm trees, as well as a beach shower for rinsing off after a day by the ocean. Additional features include a laundry room, a storage area, and an owner’s room with potential for ADU conversion (buyer to verify). On-site parking accommodates residents with (3) 1-car garages and (5) uncovered spaces. Zoned R4, the property may offer potential for short-term rental use (buyer to confirm with the City of Pismo Beach). With its unbeatable location and enduring tenant appeal, Pismo Cove Apartments presents both stable income and long-term upside for investors.