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.
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.
Property Details
Price:
$675,000
MLS #:
PI25078516
Status:
Active
Baths:
0
Address:
188 W Tefft Street
Type:
Residential Income
Subtype:
Duplex
Subdivision:
Nipomo340
Neighborhood:
npmonipomo
City:
Nipomo
Listed Date:
Apr 9, 2025
State:
CA
ZIP:
93444
Lot Size:
17,450 sqft / 0.40 acres (approx)
Year Built:
1961
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Schools
Interior
Exterior
Community Features
Foothills
Garage Spaces
0.00
Lot Features
Corner Lot
Parking Features
Street
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities
Map
Community
- Address188 W Tefft Street Nipomo CA
- AreaNPMO – Nipomo
- SubdivisionNipomo(340)
- CityNipomo
- CountySan Luis Obispo
- Zip Code93444
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Courtesy of BHGRE Haven Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The California Company include the name of the listing broker. Neither the listing company nor The California Company shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 188 W Tefft Street
Nipomo, CA
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