356 Pier Avenue, Oceano, CA 93445
- $1,775,000
- 3,500
- SqFt
- List Price
- $1,775,000
- Status
- ACTIVE
- MLS#
- PI20190823
- Year Built
- 1960
- Living Sq. Ft
- 3,500
- Lot Size
- 5,520
- Acres
- 0.1267
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 12
- Property Type
- Multifamily
- Style
- Bungalow
- Stories
- Two Levels
- Builders Tract Code
- Oceano(350)
- Neighborhood
- Oceano(350)
Property Description
Great Investment Opportunity with upside potential. This well-maintained 9-unit Apartment Building is located at 356 & 360 Pier Ave. in Oceano Beach California in San Luis Obispo County. It has an excellent tenant history and professionally managed is now offered for sale. These 9 units consist of 2 buildings, is located at the entrance to the Oceano Dunes State Recreation Area. The property holds a current motel license. Check San Luis Obispo for monthly vacation rentals. Good upside opportunity.
Additional Information
- Lot Description
- Biking
- Pool Description
- None
- Fireplace Description
- None
- Heat
- Natural Gas
- Cooling Description
- None
- Roof
- Flat
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 9
- Gross Scheduled Income
- $101,135
- Operating Expense
- 38860
- Unit One Total Units
- 1
- Unit One Beds
- 1
- Unit One Baths
- 1
- Unit One Actual Rent
- 975.00
- Unit One Total Rent
- 975.00
- Unit One Pro Forma
- 975
- Unit One Furnished
- Unfurnished
- Unit Two Total Units
- 1
- Unit Two Beds
- 1
- Unit Two Baths
- 1
- Unit Two Actual Rent
- 1500.00
- Unit Two Total Rent
- 1500.00
- Unit Two Pro Forma
- 1500
- Unit Two Furnished
- Unfurnished
- Unit Three Total Units
- 1
- Unit Three Beds
- 1
- Unit Three Baths
- 1
- Unit Three Actual Rent
- 1030.00
- Unit Three Total Rent
- 1030.00
- Unit Three Pro Forma
- 1030
- Unit Three Furnished
- Unfurnished
- Unit Four Total Units
- 1
- Unit Four Beds
- 1
- Unit Four Baths
- 1
- Unit Four Actual Rent
- 1200.00
- Unit Four Total Rent
- 1200.00
- Unit Four Pro Forma
- 1200
- Unit Four Furnished
- Unfurnished
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Listing courtesy of Jim LaMarca from Mid Coast Realty
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.