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.
Sold for $3,700,000
Listed by: Mariani Realty • Robert Mariani • Contact: 805-459-2324
Bought with: OiC Real Estate Services Inc
$3,700,000
175 Stimson Ave, Pismo Beach, CA 93449
14beds
8baths
6,012sqft
Multi Family
Built in 1983
-- sqft lot
$3,727,200 Zestimate®
$615/sqft
$3,371 Estimated rent
Home value
$3,727,200
$3.39M - $4.06M
$3,371/mo
Zestimate® history
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$23,200/mo
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List your homeWhat's special
Covered gated on-site parkingConvenient coin-operated laundry facility
Zillow last checked:
Listing updated:
Listed by:
Robert Mariani DRE #01374161 805-459-2324,
Mariani Realty
Bought with:
Kristenann Coulter-Murchison, DRE #01086468
OiC Real Estate Services Inc
Source: CRMLS,MLS#: PI26024195
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 8
Heating
- Central
Cooling
- None
Appliances
- Laundry: Common Area, Inside
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 6,012
- Total interior livable area: 6,012 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 10,874 Square Feet
- Dimensions: 10,874
- Features: 0-1 Unit/Acre
Details
- Parcel number: 005152019
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Curbs, Hiking, Park, Preserve/Public Land, Sidewalks, Water Sports
- Subdivision: Pismo Beach (360)
Location
- Region: Pismo Beach
Financial & listing details
- Price per square foot: $615/sqft
- Date on market: 2/3/2026
- Cumulative days on market: 55 days
- Listing terms: Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Sold | $3,700,000-13.5%$615/sqft |
Source:  CRMLS #PI26024195 Report a problem | ||
| 3/31/2026 | Pending sale | $4,275,000$711/sqft |
Source: CRMLS #PI26024195 Report a problem | ||
| 2/4/2026 | Listed for sale | $4,275,000-10%$711/sqft |
Source: CRMLS #PI26024195 Report a problem | ||
| 10/7/2025 | Listing removed | $4,750,000$790/sqft |
Source:  SDMLS #SC24248865 Report a problem | ||
| 6/23/2025 | Listed for sale | $4,750,000+46.2%$790/sqft |
Source: SDMLS #SC24248865 Report a problem | ||
| 5/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/12/2024 | Listed for rent | $3,150+32.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/9/2023 | Listed for rent | $2,375 |
Source: Zillow Rentals Report a problem | ||
| 3/7/2012 | Listing removed | $3,250,000$541/sqft |
Source: Homes.com #145413 Report a problem | ||
| 3/6/2012 | Listed for sale | $3,250,000$541/sqft |
Source: Homes.com #145413 Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Neighborhood: 93449
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- $--1 bd1 ba-- sqft175 Stimson Ave #E, Pismo Beach, CA 93449Off Market
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- $--2 bd1 ba-- sqft175 Stimson Ave APT A, Pismo Beach, CA 93449Off Market
- $--2 bd1 ba-- sqft175 Stimson Ave #D, Pismo Beach, CA 93449Off Market
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- $--2 bd1 ba-- sqft175 Stimson Ave APT G, Pismo Beach, CA 93449Off Market
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- $2,6001 bd1 ba-- sqft165 Stimson Ave, Pismo Beach, CA 93449For Rent
Nearby schools
GreatSchools rating
- 10/10Shell Beach Elementary SchoolGrades: K-6Distance: 2.6 mi
- 6/10Judkins Middle SchoolGrades: 7-8Distance: 0.5 mi
- 9/10Arroyo Grande High SchoolGrades: 9-12Distance: 3.8 mi
Sell for more on Zillow
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$3,727,200
2% more
+$74,544
With Zillow Showcase(estimated)
$3,801,744
- California
- San Luis Obispo County
- Pismo Beach
- 93449
- 175 Stimson Ave
Nearby cities
Nearby zip codes
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