$3,496,000
About this home
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.
Facts & features
- Fireplace
- Gas, Gas Starter, Living Room
- Heating
- Forced Air, Fireplaces
- Cooling
- Wall Window Units
- Laundry
- Inside
- Levels
- Two, Three Or More, Multi Split
- Lot size
- 0.069 acres (3,000 sq ft)
- Pool
- None
- Architectural style
- Bungalow, Craftsman
- Year built
- 2009
- Parking
- Door Multi, Door Single, Garage, Garage Faces Rear
- Parking spaces
- 3
- Area
- AVIL - Avila Beach
- County
- San Luis Obispo
- Community features
- Street Lights, Sidewalks
- Status
- Active
- Property type
- Mixed Use
- Days on market
- 315
- Listed
- 2025-05-23
- Original price
- $3,875,000
- Terms
- Cash, Cash To New Loan, Conventional, Exchange 1031
- Parcel #
- 076216023
- MLS #
- SC25113410