2460 Coburn Lane

    Pismo Beach, CA 93449
    • $1,750,000
    • STATUS: Active
    • ON SITE: 67 days
    • ID#: PI18242176
    Price Reduced
    UPDATED: 25 min ago
    $1,750,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,819
      SQFT
    • $458
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1976
    County:

    School Ratings & Info

    Description

    A rare opportunity to purchase a well maintained 4 unit apartment building in the Shell Beach St. Annes neighborhood! Located on the west side of the highway 101 near the beach and an ocean front park, this is what we call an A+ location... 2 of the larger units could easily be "owner enjoyed". The upper front unit has vaulted ceilings in the living area, fireplace, large kitchen, 2 good sized bedrooms, 1 3/4 baths, a private ocean view deck with a single car garage and 2 private parking spaces. The lower front unit is a larger unit as well, with 2 bedrooms and 1 3/4 baths, private side yard and patio, and a 2 car garage. A separate back building consists of an additional two units, both 2 bedroom 1 baths with garages. Each unit is separately metered for gas and electric. A community laundry room is centrally located with coin operated washer/dryers. A special property!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-11T11:26:24.29. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.pismohomes.com/homes/88227842

    2460 Coburn Lane Pismo Beach, CA 93449

    • Price: $1,750,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: PI18242176
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    3,819
    SQFT
    $458
    $/SQFT
    1976
    Built
    Neighborhood:
    Shell Beach(600)
    County:
    San Luis Obispo
    Area:
    PSMO - Pismo Beach
    Property Description
    A rare opportunity to purchase a well maintained 4 unit apartment building in the Shell Beach St. Annes neighborhood! Located on the west side of the highway 101 near the beach and an ocean front park, this is what we call an A+ location... 2 of the larger units could easily be "owner enjoyed". The upper front unit has vaulted ceilings in the living area, fireplace, large kitchen, 2 good sized bedrooms, 1 3/4 baths, a private ocean view deck with a single car garage and 2 private parking spaces. The lower front unit is a larger unit as well, with 2 bedrooms and 1 3/4 baths, private side yard and patio, and a 2 car garage. A separate back building consists of an additional two units, both 2 bedroom 1 baths with garages. Each unit is separately metered for gas and electric. A community laundry room is centrally located with coin operated washer/dryers. A special property!
    Exterior Features

    Garage Spaces 6.00 Lot Features Gentle Slope Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition View OceanPeek-A-Boo View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsGuttersSidewalks Country Us Electric Expense 50.00 Elevation Units Feet Fuel Expense 90.00 Gardener Expense 960.00 Gross Income 93940.00 Gross Scheduled Income 93540.00 Insurance Expense 1856.00 Land Lease YN No Laundry Income 400.00 Laundry YN Yes Net Operating Income 56124.00 New Construction YN No New Taxes Expense 18225.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 0 Number Of Units Leased 4 Operating Expense 37416.00 Operating Expense Percent 40.00 Professional Management Expense 5200.00 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Shell Beach(600) Tenant Pays Cable TvElectricityGas Total Actual Rent 7795.00 Total Expenses 29881.00 Trash Expense 1380.00 Water Sewer Expense 2120.00 Water Source Public Zoning R3

    Listing provided courtesy of Robert Lee of California Property Services.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-11T11:26:24.29. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Pismo Beach Homes Team | Keller Williams Realty Central Coast
    350 James Way
    Pismo Beach CA, 93449