1470 S 13th Street new

Oceano,CA 93445

$ 3900000

- Bed

- Bath

10838 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,838 sqft

Price per Sqft $359

MLS Listing ID CRPI24254824

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1986

Lot Size 0.735 Acres

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.

Location

State CA

County San Luis Obispo

Interior

Fireplace No

Laundry Other

Exterior

View Other

Building

Lot Description Level

Water Public

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