Nipomo, CA 93444 188 W Tefft Street
$675,000
Pending
26 more
Presented By: Breana Stachura with BHGRE Haven Properties; 805-801-2787
Beds • 2
Baths • 1
SQFT • 1,572
Year Built • 1961
Home Details
Duplex on Commercial Lot with Development Potential!
Welcome to this unique investment opportunity located on a high-visibility corner lot along bustling Tefft Street in Nipomo. This "grandfathered-in" duplex features (TWO) 2 bed/1 bath units on a spacious lot with room for an additional ADU.
Zoned for commercial use, this property presents endless potential while currently generating rental income as a duplex. The highest and best use may be redevelopment into a mixed-use building, with commercial suites on the ground floor and residential units above—maximizing both exposure and revenue on this prime corner parcel. Whether you’re an investor, developer, or owner-user, this is a golden opportunity to secure a rare property in a high-traffic location. Don’t miss out—opportunities like this don’t last long!
The property can NOT do conventional financing, however the seller is willing to seller finance. Call to discuss seller financing options.
Presented By: Breana Stachura with BHGRE Haven Properties; 805-801-2787
Interior Features for 188 W Tefft Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesLaundryCloset
Total Stories1
Other Rooms
Entry Level1
General for 188 W Tefft Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityNipomo
Community FeaturesFoothills
CountySan Luis Obispo
DirectionsFrom Tefft go East. On the corner of Mallagh and Tefft
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationStreet
ExclusionsRefrigerator, Washer, Dryer and microwaves are owned by tenant
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income48000.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, OwnerMayCarry
Lot Size Square Feet17450.0
Lot Size UnitsSquareFeet
MLS AreaNPMO - Nipomo
MobileHomeRemainsYNNo
Net Operating Income48000.0
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsTrust
Standard StatusPending
StatusPending
Stories1
Subdivision NameNipomo(340)
Tax Lot3
Tenant PaysAllUtilities
Total Actual Rent4000.0
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1961
Year Built SourcePublicRecords
ZoningCR
Exterior for 188 W Tefft Street
Building Area Total1572.0
Crops Included Y/NNo
Horse Y/NNo
InclusionsStove
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.4006
Lot Size Area17450.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesOnStreet
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
