2570 Spyglass Drive, Pismo Beach, CA 93449

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Sold Price
$1,945,000
List Price
$1,975,000
Closing Date
Mar 16, 2026
Status
CLOSED
MLS#
SR26021923
Year Built
1976
Lot Size
8,100
Acres
0.19
Lot Location
2-5 Units/Acre, Irregular Lot
Days on Market
10
Property Type
Multifamily
Style
Contemporary
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
Shell Beach(600)

Property Description

Location, Location, Location! Introducing an exceptional investment opportunity: Premier Shell Beach Complex! Once in a lifetime opportunity to acquire this 5 units apartment complex in beautiful Shell Beach of Pismo Beach. Perfectly situated just steps from the Pacific Ocean and Spyglass Park. This impressive five-unit apartment complex—on the market for the first time since 1986. Units #1 and #2 each feature 2 bedrooms, 2 bathrooms, a kitchen, and a living room and dining area. Units #3, #4, and #5 offer 2 bedrooms, 1.5 bathrooms and living room. Unit #2, previously occupied by the former owner, is currently vacant and in the process of being rented. All units include access to a detached one-car garage with storage. Additionally, the property offers a bonus room with a bathroom that tenants may reserve at no charge to accommodate guests on a first-come, first-served basis. The complex also provides shared coin-operated laundry facilities for added convenience. Well-maintained and located in the highly sought-after Shell Beach area, this property is truly a rare find on the Central Coast. Shell Beach is celebrated for its exceptional dining, relaxation, and coastal charm. Residents enjoy close proximity to premier shopping, restaurants, scenic hiking and biking trails, and are just minutes from world-class wineries—offering the ultimate beach-living lifestyle. The property is sold by the trustee, buyer to verify income & expenses.

Additional Information

Taxes
$11,444
Appliances
Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Refrigerator, Dryer, Washer
Pool Description
None
Heat
Radiant, See Remarks
Cooling Description
None
View
Ocean
Exterior Construction
Stucco
Roof
Composition, Shingle
Garage Spaces Total
5
Sewer
Sewer Tap Paid
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$108,600
Operating Expense
55434

Listing courtesy of Listing Agent: Bassem Abdul-Fattah (BassemF@earthlink.net) from Listing Office: Coldwell Banker Realty.

Listing sold by Jeff Elmerick from Horizon Realty & Property Mgt

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.