1111 N Strand WAY OCEANO CA 93445 | MLS SC17216318MR

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    Marketing Remarks: Reduced. Great NEWS…Appraised for $2,500,000…Appraisal was paid for by potential buyer, not owner! Compare to any Beachfront units! Perfect for Multigenerational Families! 3 Units: Gramps-Mom & Dad-Kids! Price reduced to sell! Was $2,750,000. LEED construction. Assume loan of $1,424,000 at 6.99% with 1 point and qualify, EASY Qualify. If loan is Not assumed, then Prepayment Penalty of $43,500 added to Sales Price (Prepayment Penalty expires July of 2019…the zero). $10,694 PER MONTH INCLUDES PITI & $1,300 PRINCIPAL REDUCTION. Solar ($50,000 PAID for and included), On Demand Hot Water, Ductless Heating, Tankless Water Heater, built to LEED specifications, Passive Solar Design, 18 foot high ceilings, 2 x 6 fully insulated and sound proofed walls, and more! Commercial Zoning. $640 all utilities (EMAIL for Income/Expenses since completed March of 2016). 3 Units:$3,500/Unit A 1,638 sq ft; $3,450/Unit B 1,820 sq ft; $2,000/Unit C 462 sq ft. Furnishings and appliances to be INCLUDED. $500,000 CASH DOWN and seller & assumable financing on balance. Vacation Rentals projection is $170,000 per year! Vacation Rentals Projected CAP Rate is 4.0!!! BEACHFRONT! LOCATION, LOCATION, LOCATION! There are 39.54 million pe

    Property Details

    Price:
    $2,175,000
    MLS #:
    SC17216318MR
    Status:
    Active
    Address:
    1111 N Strand WAY
    Type:
    Residential Income
    City:
    OCEANO
    Listed Date:
    Sep 19, 2017 (246 days)
    State:
    CA
    Square Ft (approx):
    3,920
    ZIP:
    93445
    Lot Size:
    5,980 sqft / 0.14 acres (approx)
    Year Built:
    2016

    Schools

    Interior

    CookingAppliances
    Microwave
    Heating
    Other, Solar, Zoned
    Laundry
    Dryer, Washer

    Exterior

    CommonWalls
    Attached
    CommunityFeatures
    Curbs
    PoolDescription
    None
    Roof
    Other

    Financial

    LandLeaseType
    Fee

    Map

    static_map

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