1845 21st Street
Oceano, CA 93445
- – beds
- – baths
- – sqft
- 7,000 sqft lot
- 1952 build
- – on site
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.
Listed By CRMLS_CA / Michael Puhek / RE/MAX Success / 805-459-1627
Last checked:
Checking…
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Last updated Nov 12, 2024
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MLS# PI24230234 —
This property is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1952
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Year Built Source:Public Records
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New Construction:No
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Entry Level:1
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Foundation:Raised, Slab
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Common Walls:1 Common Wall
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Building Area Total:2272.00
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Building Area Units:Square Feet
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# of Buildings:3
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Total Number Of Units:4
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Stories Total:1
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# of Separate Gas Meters:2
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# of Separate Water Meters:1
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# of Separate Electric Meters:3
Interior
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Levels:One
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Entry Location:1
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Flooring:Carpet, Laminate
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Room Type:All Bedrooms Down
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Fireplace:No
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Fireplace:None
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Laundry:Dryer Included, Individual Room, Outside, Washer Included
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Laundry:1
Location
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Directions:From US 101, exit on Los Berros, Head left onto Los Berros, left on Valley Rd, right onto Cienaga, right onto 22nd St, left onto Ocean St, property will be to on the left hand side, on the corner of 21st and Ocean St.
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Latitude:35.09987500
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Longitude:-120.60883400
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:RMF
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Lot Features:Corner Lot, Front Yard, Garden, Level with Street, Rectangular Lot
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Lot Size Area:7000.0000
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Lot Size Acres:0.1607
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Lot Size SqFt:7000.00
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Lot Size Source:Assessor
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View:None
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:25
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Tax Census Tract:122.02
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Tax Lot:17
The Listing
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Special Listing Conditions:Trust
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Parcel Number:062093009
Heating & Cooling
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Heating:1
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Heating:Forced Air
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Cooling:No
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Range, Microwave, Refrigerator
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Included:Yes
The Community
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Subdivision:Oceano(350)
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Subdivision:Oceano(350)
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Senior Community:No
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Features:Biking, Street Lights
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Pool:None
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Private Pool:No
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Spa Features:None
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Association:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:No
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Parking:Street
Extra Units
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Average 1 Bed Area:500
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Average 3 Bed Area:988
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Average Studio Area:279
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/8/24
Nov 8, 2024
|
Listed / Active | CRMLS_CA | $1,149,000 | 14.9% (6.2% / YR) |
6/20/22
Jun 20, 2022
|
CRMLS_CA | $1,000,000 | -9.1% | |
6/10/22
Jun 10, 2022
|
CRMLS_CA | $1,100,000 |