1845 21st Street, Oceano, CA 93445

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7 Beds

4 Baths

2,272 SqFt

Pending

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 & 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
Bedrooms 7
Full Baths 4
Total Baths 4
Lot Size Area 7000
Lot Size Area Units Square Feet
Acres 0.1607
Property Type Residential
Sub type Quadruplex
MLS Sub type Quadruplex
Stories 1
Exterior Features Rural
Year Built 1952
Subdivision Oceano(350)
View None
Lot Description Corner Lot,Front Yard,Rectangular Lot,Level
Laundry Features Dryer Included,Individual Room,Outside,Washer Included
Pool features None
Parking Description Driveway,Street
Parking Spaces 0
Garage spaces 0
Association Fee 0
Geographic Data
Directions Exit on Los Berros, Head left onto Los Berros, left on Valley Rd, right on Cienaga, right onto 22nd St, left onto Ocean St, property will be to on the left hand side, corner of Ocean & 21st
County San Luis Obispo
Latitude 35.099875
Longitude -120.608834
Market Area OCNO - Oceano
Address Information
Address 1845 21st Street, Oceano, CA 93445
Postal Code 93445
City Oceano
State CA
Country United States
Listing Information
Listing Office RE/MAX Success
Listing Agent Michael Puhek
Listing Agent Phone 805-459-1627
Attribution Contact 805-459-1627
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Trust
Ownership None
School Information
District Lucia Mar Unified
MLS Information
Days on market 23
MLS Status Pending
Listing Date Nov 7, 2024
Listing Last Modified Dec 2, 2024
Tax ID 062093009
MLS Area OCNO - Oceano
MLS # PI24229725

This information is believed to be accurate, but without any warranty.

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