Property Acquisitionm
350 Pismo Avenue
Jorge Garcia, City Manager
350 Pismo Avenue
Closed Escrow on March 10, 2025
• APN : 005-076-027
• Property Listed for Sale at $5,000,000
• Property Acquired at $3, 250,000
• Total cost including all fees was $3,301,590
• Approximately 76 parking spaces
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Staff Recommendation
• Staff recommends the City Council adopt a Resolution confirming the acquisition of real property at 350 Pismo Avenue and appropriating related budget adjustments in Fiscal Year ( FY) 2025.
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