198 Main 205, Pismo Beach, California 93449, Pismo Beach, 93449 - 1 bed, 1 bath
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Pismo Beach, California 93449
Analysis of 198 Main 205, Pismo Beach, California 93449 is currently available with a list price of $575,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Pismo Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 2004, this property is well-maintained and move-in ready, fitting the criteria for a professionally managed hotel-condo. The unit features a clean, beach-themed aesthetic with functional kitchenette appliances and updated furnishings, showing minimal wear and tear consistent with a turnkey investment property.
Situated in the heart of downtown Pismo Beach, this property is just steps from the pier, sand, and popular dining, ensuring high desirability and consistent demand for short-term stays.
The unit comes fully furnished with professional on-site management handling all rentals, cleaning, and guest relations, offering a truly passive income stream for out-of-state investors.
Features a private balcony with partial ocean views and a rare secured, gated parking space, providing significant value-add in a high-traffic beach destination.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43560, other record lot size in square feet = 554. Living area discrepancy between mls listing and other public or private record. mls listing living area = 468, other record living area = 554.
Owner usage is strictly limited to 90 days per calendar year, making this property unsuitable for those seeking a primary residence or a full-time vacation home.
The monthly HOA fee of $724.35, combined with separate management fees, represents a high carrying cost that may impact the net ROI for a studio-sized unit.
Beach Dreamers and Investors--This is the perfect place for you! Seller is moving out of state. This studio comes furnished and is located on the 2nd floor giving you the perfect view. Look out to see a beautiful partial ocean view which is just steps to the Pismo Beach Pier. Dubbed the the Starfish Room in the Beach House Inn building, it is a peaceful space decorated in cool blues and teals to give that beachy vibe you have longed for. Sleeps 4 (King and Full bed). Enjoy the Balcony with the 2 seated glider as you watch the sunsets each night. It has one spacious bathroom and a kitchenette complete with a fridge, microwave, 4 electric burners and breakfast table. This unique hotel/condo allows the owner to stay up to 90 days per calendar year, and rent out the rest of the time as investors. The property management takes care of everything from rentals to cleaning to dealing with guests. All utilities, insurance are included in HOA dues. Management fees are separate. All you need to do is bring your swimsuit. Located downtown Pismo it is steps away from sand and popular restaurants. Also the secured parking garage (gated) comes with its own parking space. What more could you ask for!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 30% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 468 | 1,643 | 10% |
| Lot Size | 43,560 | 1,254 | 90% |
| Price | $575.0K | $1.40M | 10% |
| Price per sq ft | $1.2K | $923 | 90% |
| Built year | 2004 | 2005 | 50% |
| HOA | $724.35 | $612 | 50% |
| Days on market | 201 | 190 | 60% |
Oct 3, 2025
$575,000
Initial Listing
Jun 28, 2019
$525,000
Public Record