$1,149,000
1845 21st Street Oceano, CA 93445
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Listed by Michael Puhek • RE/MAX Success
$1,149,000
Est. payment /mo
2,272 SqFt
UPDATED:
11/25/2024 02:14 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,272 sqft
Price per Sqft $505
MLS Listing ID CRPI24230234
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1952
Lot Size 7,000 Sqft
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 wi
Location
State CA
County San Luis Obispo
Interior
Heating Forced Air
Cooling No Air Conditioning
Flooring Laminate, Carpet
Fireplace No
Laundry Dryer, Laundry Room, Washer, Other
Exterior
View None
Building
Lot Description Corner Lot, Other, Front Yard, Garden
Water Public
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James Dye
Broker Associate | License ID: 00897803
Broker Associate License ID: 00897803