ActiveResidential · sale

100 Pismo Avenue 123

Pismo Beach, CA 93449

$2,949,000

  • 3 beds
  • 3 baths
  • 1,540 sq ft
  • 0.03 acres
  • Built 1978

Listed by Modern Broker · MLS #PI26238637

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

Ask about this property.

100 Pismo Avenue 123, Pismo Beach, CA 93449 · MLS #PI26238637

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Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

This beautiful 3-bedroom, 2.5-bath split-level beachfront condominium offers something truly special: the same spectacular ocean views from both the living room and the upstairs primary bedroom.

Details worth a look

The private living room balcony offers expansive coastline views, beautiful morning sunrises, and an opportunity to enjoy the ever-changing Pacific.

Year built

Built in 1978.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

RARE BEACHFRONT OPPORTUNITY IN THE HEART OF DOWNTOWN PISMO BEACH! Imagine waking up to breathtaking, unobstructed views of the Pacific Ocean, watching whitewater waves roll onto the shore, and hearing the soothing sound of the surf from the comfort of your own bed. This beautiful 3-bedroom, 2.5-bath split-level beachfront condominium offers something truly special: the same spectacular ocean views from both the living room and the upstairs primary bedroom. With nothing between you and the water but the sandy beach, the ocean is not simply in the distance. It is right outside your door. Custom cabinetry throughout complements the interior, while the gas fireplace creates the perfect setting for relaxing evenings with fresh ocean air drifting through the home and the sound of waves in the background. The private living room balcony offers expansive coastline views, beautiful morning sunrises, and an opportunity to enjoy the ever-changing Pacific. Upstairs, the primary bedroom features its own private balcony and equally spectacular ocean views. Imagine falling asleep and waking up to the sight and sound of the waves just beyond your window, a daily luxury that makes this property truly exceptional. A private, keyed community gate opens directly onto the sandy beach, providing residents with direct beach access. Additional conveniences include an in-unit laundry area and a single-car garage, valuable amenities in this beachfront location along the downtown Pismo Beach coastline. The gated community also features a clubhouse, swimming pool, and spa, conveniently located near downtown Pismo Beach's restaurants, shops, and attractions. The property has also recently operated as an Airbnb with strong occupancy, offering an additional opportunity for those interested in a potential vacation rental investment. Buyers are encouraged to verify current short-term rental regulations and requirements. Opportunities to own directly on the sand in the heart of downtown Pismo Beach are few and far between. Not across the street. Not a block away. RIGHT ON THE BEACH. SELLER FINANCING AVAILABLE, making this rare beachfront home an even more extraordinary opportunity to own a piece of the California coastline.

THE NEIGHBORHOOD

Explore the location.

100 Pismo Avenue 123, Pismo Beach, CA 93449

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1978
Full baths
2
Half baths
1
Garage spaces
1
Cooling
WallWindowUnits
Heating
ForcedAir
Appliances
Dishwasher,Disposal,Microwave
Pool
No
Pool features
Community,Heated,Association
Spa
Yes
Subdivision
Pismo Beach (360)
Parcel
005301051
HOA
Pismo Shores Estates
HOA amenities
CallForRules,Clubhouse,Pool,SpaHotTub
HOA fee frequency
Monthly
HOA fee
$747.78

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Rental potential, ownership costs and property management

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$12,287.50
Cap rate—

Annual operating income: —

HOA: Includes $747.78 per month in HOA dues, converted from the $747.78 monthly fee reported by the listing source.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

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Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #PI26238637 · California Regional MLS

Listing brokerage: Modern Broker
Listing agent: Michelle Boghosian

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.