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1845 21St Street

Oceano, CA 93445

$1,149,000

List Price

7

bed Beds

4

shower Baths

2,272 sqft

straighten / sqft

1952

calendar_month Built

Property Description

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.

Listing Information

List Price $1,149,000
Status Active
MLS PI24229725
HOA $0
Type Residential
Subtype Quadruplex
Year Built 1952
Lot Size 7,000
Structure Size 2,272
DOM 1
Courtesy Of RE/MAX Success
Listing Agent Michael Puhek DRE#01441759

Interior Features

Laundry Information
Location(s) Laundry Room, Outside
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 4
Flooring Information
Material Carpet, Laminate
Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Features None

Maps

home_work Nearby Properties

Image

$1,149,000

king_bed N/A
shower N/A
straighten N/A
straighten 7,000
1845 21St Street,

Oceano, CA 93445
Image

$799,900

king_bed N/A
shower N/A
straighten N/A
straighten 6,000
1991 21St Street,

Oceano, CA 93445
Image

$449,000

king_bed N/A
shower N/A
straighten N/A
straighten 6,970
1515 Ocean Street,

Oceano, CA 93445
Image

$285,000

king_bed 2
shower 2
straighten 864
straighten N/A
1623 23Rd Street, #6,

Oceano, CA 93445
Image

$625,000

king_bed 2
shower 2
straighten 1,168
straighten 7,000
2428 Paso Robles Street,

Oceano, CA 93445

Listing information courtesy of: Michael Puhek, RE/MAX Success . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 9th, 2024 at 6:51 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.