184 Birch Avenue, Cayucos, California 93430, Cayucos, 93430 - 0 bed, 0 bath
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184 Birch Avenue
Cayucos, California 93430
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
3,080Sq Ft
7,500Lot Size
Property Price
LIST PRICE$2,199,000
EST. MARKET VALUE
$2,032,496
8% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a versatile triplex listed at a List Price of $2,199,000, which aligns with current market stability. Featuring a Mint Condition Rating due to recent comprehensive renovations, this Residential Income asset offers immediate operational efficiency. With Ocean and Mountain Views, private laundry, and a mix of short-term and long-term rental income, the property provides significant cash-flow flexibility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage coastal demand in Cayucos.
Estimated Market Value
$2,032,496
Based on Realkey algorithm analyzing recent comparable sales in Cayucos.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 184 Birch Avenue Subject 0 bd · 0 ba · 3,080 sqft · $660 | $2,199,000* List Price | 0 | 0 | 3,080 | $660 | - |
A 31 8th Street Sold 7 bd · 6 ba · 3,432 sqft · $583 · 0.7 mi | $2,000,000 | 7 | 6 | 3,432 | $583 | 0.7 mi |
B 31 8th Street Sold 0 bd · 0 ba · 3,432 sqft · $583 · 0.7 mi | $2,000,000 | 0 | 0 | 3,432 | $583 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1984, the property has undergone a complete interior renovation within the last 5 years. The units feature modern kitchens with stainless steel appliances and stone countertops, updated bathrooms with contemporary tile and glass enclosures, recessed lighting, and new luxury vinyl plank flooring throughout, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovations
All three units have been completely renovated with modern interiors, minimizing immediate capital expenditure and allowing for premium rental rates.
- Prime Coastal Location
Situated just three blocks from the Cayucos Pier and downtown, the property offers desirable ocean views from every unit, ensuring high tenant demand and long-term appreciation.
- Income Versatility
The property features a proven mix of short-term and long-term rental income with the added potential to increase value through a future ADU addition.
CONSRISKS & DEFICIENCIES
- Regulatory Contingencies
The possibility of adding an ADU or obtaining additional short-term rental permits is not guaranteed and requires buyer verification with county authorities.
- Premium Entry Price
At a list price of $2.199M, the property represents a significant initial investment that may result in a lower cap rate compared to inland multi-family opportunities.
About 184 Birch Avenue
Rare coastal investment opportunity in Cayucos! This versatile triplex features three spacious two-bedroom residences, each offering ocean views, two dedicated parking spaces, and private in-unit laundry. Units 1 and 2 each feature two full bathrooms, while Unit 3 offers two-and-a-half baths. All three units have been completely renovated, creating an attractive blend of updated interiors, coastal views, and strong rental flexibility. One unit is currently operated as a short-term rental, while the remaining two provide established long-term rental income. Located just three blocks from the Cayucos Pier and moments from downtown, 184 Birch Avenue offers a unique opportunity to invest, live, or vacation on California’s Central Coast. Buyer to verify with the county regarding the possibility of adding an ADU and additional short term rental permits.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1984
- Lot Size
- 7,500 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 7.0 |
| Baths | 0.0 | 6.0 |
| Square foot | 3,080 | 3,432 |
| Lot Size | 7,500 | 8,000 |
| Price | $2.20M | $2.00M |
| Price per sq ft | $714 | $583 |
| Built year | 1984 | 1960 |
| HOA | $0 | $0 |
| Days on market | 36 | 124 |
Pricing History
Listed for Sale
Sep 18, 2026
$2,199,000
Initial Listing
Sold
Jul 19, 2024
$2,000,000
Public Record
Sold
Sep 28, 2021
$1,350,000
Public Record