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Listed by Walker Sotello • Eighty20 Group
$ 3,695,000
Est. payment /mo
Price Dropped by $180K
Avila Beach, CA 93424
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC-25113397
Year Built 2009
Property Sub-Type Mixed Use
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Welcome to Landing Passage - A turn-key mixed use (residential + commercial) building located just four doors from the pristine shores of Downtown Avila Beach. This exceptional property offers a rare opportunity to own a fully licensed short term vacation rental and income-generating asset in one of the most prime coastal locations in California. The offering includes two turnkey residential units and two established commercial units. The primary residence features 2 bedrooms, 2 bathrooms, approximately 1,303 square feet of living space, Cape Cod-inspired interiors, ocean views, three balconies, rooftop access, two fireplaces, a laundry closet, and a private 2-car garage. Directly below, a commercial suite includes wood flooring, a private office, built-ins, a dry bar, and a bathroom with shower. Across the landscaped pedestrian pathway, the second commercial unit includes French doors, a fireplace, and a bathroom. Above it sits a 1-bedroom vacation rental with travertine flooring, a full kitchen, fireplace, in-unit laundry, and private deck, plus dedicated parking and a storage closet in the secure garage. Both vacation rentals are being sold fully furnished with future bookings in place, and the commercial units have strong lease history. Ideal as a long-term investment, personal retreat with income, or live-work opportunity in one of the Central Coast's most vibrant beach communities.
Location
State CA
County San Luis Obispo
Area Avil - Avila Beach
Interior
Heating Fireplace(s), Forced Air, Heat Pump
Laundry Inside
Building
Lot Description Level with Street
