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.
Property Details
Price:
$3,900,000
MLS #:
PI24254824
Status:
Active
Baths:
0
Address:
1470 S 13th Street
Type:
Residential Income
Subtype:
Apartment
Subdivision:
Oceano350
Neighborhood:
ocnooceano
City:
Oceano
Listed Date:
Jan 6, 2025
State:
CA
ZIP:
93445
Lot Size:
32,037 sqft / 0.74 acres (approx)
Year Built:
1986
See this Listing
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
More About JamesMortgage Calculator
Schools
Interior
Exterior
Community Features
Curbs, Gutters
Fencing
Good Condition
Garage Spaces
13.00
Lot Features
Level with Street
Parking Spots
25.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address1470 S 13th Street Oceano CA
- AreaOCNO – Oceano
- SubdivisionOceano(350)
- CityOceano
- CountySan Luis Obispo
- Zip Code93445
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Courtesy of Allan Real Estate Investments. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.1470 S 13th Street
Oceano, CA
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