1470 S 13th Street, Oceano CA, 93445

Active

1470 S 13th Street

Oceano CA, 93445

$3,900,000

$359.84 per sqft

Active

10,838 sqft

Condos

Built in 1986

Listed by Dennis Allan with Allan Real Estate Investments [email protected]

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.

PI24254824

MLSⓇ ID

January 6, 2025

Listed

January 17, 2025

Updated

Map

1470 S 13th Street
Oceano CA, 93445

Interior Features

Total Stories: 2
Laundry Description: Common Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.74 Acres
Lot Features: Street Level
Sewer: Public Sewer

Other Property Details

Area Name: OCNO - Oceano
Days on Market: 7
Garage: Yes
Garage Spaces: 13
Parking Total: 25
View: Yes
View Description: Neighborhood
County: San Luis Obispo
Water Source: Public
Pool: No
Pool Features: None
Zoning: RMF

Listing Contact: 805-473-7500

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/17/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 1/17/2025 at 11:10 AM UTC