Sold for $2,640,000

$2,640,000

172 Ocean View Ave, Pismo Beach, CA 93449

9beds

3,837sqft

Multi Family

Built in 1928

-- sqft lot

$2,682,500 Zestimate^®

$688/sqft

$3,159 Estimated rent

Home value

$2,682,500

$2.47M - $2.92M

$3,159/mo

Zestimate^® history

Owner options

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$3,159/mo

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$3,159/mo

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$16,498/mo

Est. payment

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$16,498/mo

Est. payment

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What's special

8-unit multi-family property just 1/2 block from beach & 3 blocks south of Pismo Pier. Property spans Ocean View Ave to Park St. Mix of (2) 2Bed, (5) 1Bed, (1) studio units.Layout: 2-story duplex built above (3) garages, laundry room, & storage space; a single story 4plex; & 2 detached cottages - all around a private courtyard. Renovated 2007.Amenities: Communal patio w/ BBQ/tables/chairs/umbrellas, surrounded by mature palm trees, plus beach shower. Laundry room, storage area, & owner's room w/ potential for ADU conversion (buyer to verify). On-site parking: (3) 1-car garages, (5) uncovered spaces.Zoned R4. Potential for short-term rentals (buyer to confirm w/ City). With its unbeatable location & enduring tenant appeal, property presents both stable income & long-term upside for investors.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 10
Full bathrooms: 10

Heating

Wall Furnace

Cooling

None

Appliances

Laundry: Laundry Eq/Leased, Coin Op, Common Area

Interior area

Total structure area: 3,837
Total interior livable area: 3,837 sqft

Property

Parking

Parking features: Private Lot, 6 - 10, Garage
Has garage: Yes

Features

Stories: 2

Lot

Size: 9,583 Square Feet
Features: Level

Details

Parcel number: 005161004
Zoning description: Multi-Fam R4
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Raised, Slab
Roof: Other

Condition

Year built: 1928

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Pismo Beach

Financial & listing details

Price per square foot: $688/sqft
Date on market: 8/4/2025
Cumulative days on market: 70 days
Listing terms: New Loan,Other,Cash
Total actual rent: 195540

Price history

Date	Event	Price
1/9/2026	Sold	$2,640,000-4%$688/sqft
Source: North Santa Barbara County MLS #25001571 Report a problem
1/7/2026	Contingent	$2,750,000$717/sqft
Source: CRMLS #PI25172167 Report a problem
10/13/2025	Pending sale	$2,750,000$717/sqft
Source: North Santa Barbara County MLS #25001571 Report a problem
8/4/2025	Listed for sale	$2,750,000$717/sqft
Source: SBMLS #25-2938 Report a problem
6/12/2020	Listing removed	$1,975$1/sqft
Source: PLUS PROPERTY MANAGEMENT ARROYO GRANDE Report a problem
5/11/2020	Listed for rent	$1,975$1/sqft
Source: PLUS PROPERTY MANAGEMENT ARROYO GRANDE Report a problem