1845 21st Street Oceano CA 93445 MLS #PI24229725

There are multiple listings for this address:
Investment Opportunity in Oceano! Here is a fantastic investment opportunity in a desirable area of Oceano. This property has undergone numerous upgrades and is conveniently located just a short drive from the charming Village of Arroyo Grande.

Included in this offering are 1845 21st St &#38' 2110 E Oceano Ave Oceano. 2110 Ocean Ave, a quaint one-bedroom house with a lovely fenced yard and a covered patio which can also be used as a carport. The patio provides easy access to a shared laundry room.

In the center of the property, you’ll find 1845B, a cozy studio unit, and 1845A, a two-bedroom, one-bath unit with its own private fenced yard and a small patio in the back.

This property is versatile and offers multiple potential uses:
1. Income Property: As a residential income property, it has significant upside. Three of the four units have recently been set up for utility bill-back, and the fourth will be on bill-back soon, resulting in a substantial increase in net income. Current rents are below Redfin’s lowest advertised rates for similar units in the area, so adjusting to market rates can boost your returns.
2. Family Compound: Alternatively, this property could be a wonderful family compound. Live in one or two of the units, and offset a significant portion of your mortgage with rental income from the remaining units.

Only a short drive to world-class surfing in Oceano, several top-tier golf courses, fantastic shopping, and restaurants in the Village and on Grand Ave, this property is well situated.

With limited availability of similar properties in the Five Cities area, this is an exceptional value at just $503 per square foot. Don’t miss out on this one!

Call today for details.

All information provided is considered reliable' however, accuracy is not guaranteed. Buyers and their agents are advised to conduct their own due diligence to verify all details independently.

Property Details

Price:
$1,149,000
MLS #:
PI24229725
Status:
Active
Beds:
7
Baths:
4
Address:
1845 21st Street
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
Oceano350
Neighborhood:
ocnooceano
City:
Oceano
Listed Date:
Nov 6, 2024
State:
CA
Finished Sq Ft:
2,272
ZIP:
93445
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1952

Schools

Interior

Appliances
Gas Range, Microwave, Refrigerator
Cooling
None
Fireplace Features
None
Flooring
Carpet, Laminate

Exterior

Community Features
Rural
Garage Spaces
0.00
Lot Features
Corner Lot, Front Yard, Rectangular Lot, Level
Parking Features
Driveway, Street
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public

Financial

Association Fee
0.00

Map

Contact Us

Send
  

Mortgage Calculator

 

Similar Listings Nearby

Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

More About JoAnn
1845 21st Street
Oceano, CA
Investment Opportunity in Oceano! Here is a fantastic investment opportunity in a desirable area of Oceano. This property has undergone numerous upgrades and is conveniently located just a short drive from the charming Village of Arroyo Grande.

Included in this offering are 1845 21st St &#38' 2110 E Oceano Ave Oceano. 2110 Ocean Ave, a quaint one-bedroom house with a lovely fenced yard and a covered patio which can also be used as a carport. The patio provides easy access to a shared laundry room.

In the center of the property, you’ll find 1845B, a cozy studio unit, and 1845A, a two-bedroom, one-bath unit with its own private fenced yard and a small patio in the back.

This property is versatile and offers multiple potential uses:
1. Income Property: As a residential income property, it has significant upside. Three of the four units have recently been set up for utility bill-back, and the fourth will be on bill-back soon, resulting in a substantial increase in net income. Current rents are below Redfin’s lowest advertised rates for similar units in the area, so adjusting to market rates can boost your returns.
2. Family Compound: Alternatively, this property could be a wonderful family compound. Live in one or two of the units, and offset a significant portion of your mortgage with rental income from the remaining units.

Only a short drive to world-class surfing in Oceano, several top-tier golf courses, fantastic shopping, and restaurants in the Village and on Grand Ave, this property is well situated.

With limited availability of similar properties in the Five Cities area, this is an exceptional value at just $503 per square foot. Don’t miss out on this one!

Call today for details.

All information provided is considered reliable' however, accuracy is not guaranteed. Buyers and their agents are advised to conduct their own due diligence to verify all details independently.

Property Details

Price:
$1,149,000
MLS #:
PI24230234
Status:
Active
Baths:
0
Address:
1845 21st Street
Type:
Residential Income
Subtype:
Quadruplex
Subdivision:
Oceano350
Neighborhood:
ocnooceano
City:
Oceano
Listed Date:
Nov 7, 2024
State:
CA
ZIP:
93445
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1952

Schools

Interior

Appliances
Gas Range, Microwave, Refrigerator
Cooling
None
Fireplace Features
None
Flooring
Carpet, Laminate

Exterior

Community Features
Rural
Garage Spaces
0.00
Lot Features
Corner Lot, Front Yard, Rectangular Lot, Level
Parking Features
Driveway, Street
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public

Financial

Association Fee
0.00

Map

Contact Us

Send
  

Mortgage Calculator

 

Similar Listings Nearby

Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

More About JoAnn