351 San Luis Ave Pismo Beach CA 93449 | MLS #SC26066813

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Incredible ocean views just over a block from the sand! 351 San Luis Avenue offers a rare opportunity to own a versatile coastal property in the heart of Pismo Beach. Ideally located within walking distance to the pier, downtown shops, and restaurants, this property captures the essence of beachside living while delivering strong income potential.

The property consists of five residential units, including a one-bedroom unit, three studio units, and a larger upper-level studio with a private balcony showcasing sweeping ocean views. From this elevated vantage point, enjoy breathtaking sunsets over the Pacific and front-row views of the Fourth of July fireworks over the Pismo Pier. Whether you’re looking to invest or live onsite, you have the flexibility to choose your preferred unit to owner-occupy while generating income from the others, all while taking full advantage of the property’s standout coastal views.

Additional features include a one-car garage, a shared outdoor patio area ideal for relaxing or entertaining, a coin-operated laundry room, and a separate storage shed. The garage, laundry, and storage shed are all currently rented, providing additional income streams beyond the residential units.

The property has seen recent improvements including a new roof and balcony railing, newer exterior paint, and updates to plumbing and electrical systems, enhancing both functionality and long-term value.

With limited multifamily inventory in this highly desirable coastal community, the property benefits from strong tenant demand and long-term upside. Whether you’re seeking a primary residence with rental income, a vacation property, or a solid investment, 351 San Luis offers a unique blend of location, income, and exceptional ocean-view living in one of the Central Coast’s most sought-after markets.
Current real estate data for Single Family in Pismo Beach as of Sep 07, 2026
43
Single Family Listed
71
Avg DOM
724
Avg $ / SqFt
$1,243,693
Avg List Price

Property Details

Price:
$1,680,000
MLS #:
SC26066813
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Pismo Beach 360
Neighborhood:
psmopismobeach
Listed Date:
Apr 3, 2026
Total Sq Ft:
2,844
Lot Size:
5,331 sqft / 0.12 acres (approx)
Year Built:
1949
OceanviewParking TotalPsmo – Pismo BeachPsmopismobeachPismo Beach 360Ocean

Schools

Interior

Cooling
NO
Heating
WL
Interior Features
BL
Laundry Features
CM
Levels
A, U

Exterior

Accessibility Features
NO
Common Walls
_2CW
Community Features
SDW, STM, CRB, CW, MTN, WATE, BIKI
Construction Materials
STC, WOD
Exterior Features
AW, RG
Fencing
WD
Garage Spaces
1
Parking Spots
1
Parking Total
1
Roof
ASP, SHN
Security Features
SD, COD
Spa Features
NO
View
OC
Waterfront Features
OCN, OSF, BCH

Financial

Gross Operating Income
$26,835
Maintenance Fee
$12,230
Net Operating Income
$60,348

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Property Summary

    Located in the Pismo Beach (360) subdivision, 351 San Luis Ave Pismo Beach CA is a Single Family for sale in Pismo Beach, CA, 93449. It is listed for $1,680,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1949. The average price per square foot for Single Family listings in Pismo Beach is $724. The average listing price for Single Family in Pismo Beach is $1,243,693.

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Born and raised in Massachusetts and living throughout New England, Bunny has always enjoyed being close to the coast. Her move to California’s Central Coast has kept her near lovely, natural beaches with the added attraction of the desirable Mediterranean climate. Her love of this area makes her a natural ambassador in presenting the communities to newcomers. She enhances her knowledge of the Central Coast with over thirty years of professional real estate experience, as well as a background a…

More About Bunny
351 San Luis Ave
Pismo Beach, CA