1580 S 13th Street Oceano, CA $ 2,655,000
1580 S 13th Street
$ 2,655,000
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1580 S 13th Street

Oceano, CA, 93445
$ 2,655,000
Bedrooms3 Baths1.0 Sq 8,697

Monthly Estimate*

$ 18,546

Listed by Allan Real Estate Investments
1580 S 13th Street, Oceano, CA 93445 - Image 1
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1580 S 13th Street, Oceano, CA 93445 - Image 9
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1580 S 13th Street, Oceano, CA 93445 - Image 16

Multi-Family Home for sale in Oceano, CA

for $2,655,000 with 3 bedrooms and 1 full bath. This 8,697 square foot home was built in 1970 on a lot size of 0.4578.

Rare opportunity to purchase a large mult-family investment property on the Central Coast. The property has 13 units and consists of an older 3 bed/1 bath home, a 4 plex and an 8 plex. The 4 plex has four 2 bed/2 bath units. The larger 8 plex has four 2 bed/2 bath units and four 1 bed/1 bath units. New windows were installed in the 4 plex and 8 plex in 2023-2024. Other recent improvements are as follows: exterior paint and new roofing (2018). The property has professional management in place. The complex has enjoyed a limited turnover of tenants. There is a common laundry area. The property is well maintained and a turnkey investment.

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Multi-Family Pending

Price

$ 2,655,000

Bedrooms

3

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

SingleFamilyResidence

Lot Size

0.4578

Year Built

1970

Town/City

Oceano

County/Region

San Luis Obispo

MLS | Web ID

PI24086305

Days on Market

21

Features
General
Sewer PublicSewer
Possession CloseOfEscrow SeeRemarks
Roof Composition
Zoning RMF
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1970
Stories 2
Levels Two
Property SubType SingleFamilyResidence
Gross Income 220800.0
Community Features Suburban
County San Luis Obispo
Net Operating Income 123174.0
Operating Expense 96126.0
Insurance Expense 4386.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Oceano(350)
Garage Y/N N
Special Listing Conditions Standard
Status Pending
Directions 13th St off Highway 1
City Oceano
Entry Location front
View Y/N N
Senior Community Y/N N
Total Units 13
MLS Area OCNO - Oceano
Lot Size Square Feet 19941.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 13
Street Name 13th
Listing Terms Cash CashtoNewLoan Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 4386.0
Home Warranty Y/N N
Current Financing None
Fuel Expense 0.0
Trash Expense 6579.0
Water Sewer Expense 10965.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 5
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 3
Total Actual Rent 18275.0
Property Sub Type Additional SingleFamilyResidence
Taxes 28143.0
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Exterior
Lot Features StreetLevel
Water Source Public
Total Parking 13.0
Lot Size Area 19941.0
Number of Buildings 3
Spa N
Building Area Total 8697.0
Lot Size Acres 0.4578
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 15
Number of Separate Electric Meters 14
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features CommonArea
Entry Level 2
Electric On Property Y/N N
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Internal Only
Street Number 1 1580
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* Excluded Features
List By
Allan Real Estate Investments

Broker

(805) 473-7500

Phone

Affordability Calculator

$18,546
Per Month
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Monthly Principal & Interest
$18,546
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$2,655,000 Listed Price

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1580 S 13th Street, Oceano, CA, 93445 is a Multi-Family Home for sale at $2,655,000 with 8,697 sqft and a lot size of 0.4578. 1580 S 13th Street has 3 bedrooms, 1.0 baths, and was built in 1970. The property's zip code is 93445 which is in Oceano, CA