
Nipomo, California 93444
This Value-Add Condominium represents a strategic Asset acquisition for those targeting the Nipomo market. Listed at $419,000, the property is currently priced above the $319,440 Fair Market Value, requiring a focused renovation to capture market upside seen in local comparables. The home carries a Condition Rating of 5, featuring dated 1992 finishes that invite a full interior modernization. Key features include a rare detached two-car garage, end-unit privacy, and a private fenced patio. This is an ideal project for Fix-and-Flip Investors or Contractors looking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 450 Avenida De Socios 4 Subject | $419,000* List Price | 3 | 3 | 1,358 | $235 | - |
A 450 Avenida De Socios 12 Sold | $422,000 | 3 | 3 | 1,358 | $311 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 32 years old (built 1992) and retains its original interior finishes. The kitchen and bathrooms feature dated oak cabinetry, laminate countertops, and older appliances that require a full rehab to modernize, consistent with the >30y age bracket criteria.
As an end-unit with only one shared wall, this property offers enhanced privacy and increased natural light compared to standard interior units.
The inclusion of a rare detached two-car garage provides exceptional value for secure parking and additional storage, which is a premium feature for condominium living.
The thoughtfully designed floor plan features a cozy fireplace, a private fenced patio, and an upstairs laundry closet, maximizing convenience and comfort within the 1,358 sq ft space.
The monthly HOA fee of $532 is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for prospective buyers.
Built in 1992 with no mention of recent major renovations, the property may require additional capital investment for cosmetic updates or modernizing systems to meet current market standards.
Welcome to this end-unit condo in Nipomo offering 1,358± sq ft of thoughtfully designed two-story living with 3 bedrooms and 2.5 baths. A rare detached two-car garage provides valuable parking and storage, an exceptional feature for condo living. The main level features a cozy family room with a fireplace, a bright dining nook just off the kitchen, and a convenient half bath, making everyday living and entertaining easy. Upstairs, all three bedrooms are well-proportioned, including a primary suite with a private bath. A full hallway bath and upstairs laundry closet complete the functional layout. Enjoy the privacy of an end-unit with only one shared wall, along with a fenced patio perfect for relaxing or entertaining outdoors. With a practical layout, desirable features, and a prime Nipomo location, this home is ready for comfortable, convenient living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,358 | 1,358 | 50% |
| Lot Size | 1,300 | 1,300 | 50% |
| Price | $419.0K | $510.0K | 20% |
| Price per sq ft | $309 | $376 | 20% |
| Built year | 1992 | 1992 | 50% |
| HOA | $532.0 | $532 | 50% |
| Days on market | 0 | 55 | 20% |
Apr 18, 2026
$419,000
Initial Listing