1470 S 13Th Street, Oceano, CA 93445
-
Listed Price :
$3,900,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1986
Property Description
Rare opportunity to acquire a 20 unit residential income property near the beach in South County. The offering consists of an older home which encompasses a 3 bedroom, 1 bathroom unit and a 2 bedroom, 1 bathroom unit. There are three other buildings built in 1986 which have six 1 bedroom, 1 bathroom units. Extra income is generated by onsite laundry facilities as well as 13 garage spaces which are all rented separately. The garage units consists of two 2-car garages and eleven 1-car garages. There is a common trash area and 12 parking spots. Each of the apartments has it's own gas and electric meter. The property is under professional management and has had a history of high occupancy. The seller states that the garage roof was replaced in 2013, apartment roofs in 2015 and the house roof in 2017. Fencing was updated in 2018 and rain gutters were repaired in 2016.
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
1470 S 13Th Street |
| City |
Oceano |
| State |
CA |
| Zip |
93445 |
| County |
San Luis Obispo |
| Listing Agent |
Dennis Allan DRE #00961923 |
| Co-Listing Agent |
John Cole DRE #01939498 |
| Courtesy Of |
Allan Real Estate Investments |
| List Price |
$3,900,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
32,037 |
| Year Built |
1986 |
Listing information courtesy of: Dennis Allan, John Cole, Allan Real Estate Investments. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 6th, 2025 at 6:38 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
