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1470 S 13th Street

Oceano, CA 93445

– beds
– baths
– sqft
~3/4 acre lot
1986 build
– on site

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.

Listed By CRMLS_CA / Dennis Allan / Allan Real Estate Investments / dennis@allanrealestate.com

Last checked: Checking… • Last updated Jan 6, 2025 •

MLS# PI24254824 —

The Building

Year Built:

1986
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

10838.00
Building Area Units:

Square Feet
Total Number Of Units:

20
# of Buildings:

4
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

19
# of Separate Water Meters:

1
# of Separate Electric Meters:

20

Interior

Levels:

Two
Entry Location:

1
Laundry:

Common Area
Laundry:

1

Location

Directions:

13th Street is located off Highway 1 in Oceano
Latitude:

35.10338200
Longitude:

-120.61620700

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

RMF
Lot Features:

Level with Street
Lot Size Area:

32037.0000
Lot Size Acres:

0.7355
Lot Size SqFt:

32037.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood
Fencing:

Good Condition
Fence:

Yes
Road Frontage:

County Road
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

122.01
Tax Lot:

10

The Listing

Special Listing Conditions:

Standard
Parcel Number:

062271030

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

The Community

Subdivision:

Oceano(350)
Subdivision:

Oceano(350)
Features:

Curbs, Gutters
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking Spaces:

25.00
Garage Spaces:

13.00
Uncovered Spaces:

12.00

Explore the Area

My Commute

From

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Sale history

Date	Event	Source	Price	% Change
1/6/25 Jan 6, 2025	Listed / Active	CRMLS_CA	$3,900,000

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This multifamily located in Oceano, CA 93445 is currently for sale for $3,900,000. 1470 S 13th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 3 days. This multifamily is in the attendance area of Arroyo Grande High School, Oceano Elementary School, and Judkins Middle School.

Listing Courtesy of: CRMLS_CA and Allan Real Estate Investments. Based on information from California Regional Multiple Listing Service, Inc. as of 13:12 on Jan 09.

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, 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.