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.
Sold for $675,000 on 05/19/25
Listing Provided by:
Breana Stachura DRE #01886688 805-801-2787,
BHGRE Haven Properties
$675,000
188 W Tefft St, Nipomo, CA 93444
--beds
--baths
1,572sqft
Duplex
Built in 1961
-- sqft lot
$672,900 Zestimate®
$429/sqft
$2,717 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 19, 2025 at 02:25pm
Listing Provided by:
Breana Stachura DRE #01886688 805-801-2787,
BHGRE Haven Properties
Bought with:
Breana Stachura, DRE #01886688
BHGRE Haven Properties
Source: CRMLS,MLS#: PI25078516
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: Laundry Closet
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,572
- Total interior livable area: 1,572 sqft
Property
Parking
- Parking features: On Street
Features
- Levels: One
- Stories: 1
- Entry location: Street
- Pool features: None
Lot
- Size: 0.40 Acres
- Features: Corner Lot
Details
- Parcel number: 090131007
- Zoning: CR
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Foothills
Location
- Region: Nipomo
- Subdivision: Nipomo(340)
HOA & financial
Other financial information
- Total actual rent: 4000
Other
Other facts
- Listing terms: Cash,Owner May Carry
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$672,900
2% more+ $13,458
With Zillow Showcase(estimated)
$686,358