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 r
MLS #
CRPI24230234
MLS Source
California Regional MLS
Days on Site
10
Appliances
Microwave, Other, Oven Range - Gas, Refrigerator, Dryer, Washer
Flooring
Laminate
Cooling
None
Heating
Forced Air
Foundation
Raised, Slab
Pool
None
Garage/Parking
Off-Street Parking, Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | 4 | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 500 | – | 0/0 | – |
2 | 988 | – | 0/0 | – |
1845 21st St is a Residential Income in Oceano, CA 93445. This – square foot property sits on a 7,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,149,000 and was built in 1952.
This address can also be written as 1845 21st St, Oceano, CA 93445.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 12, 2024. For the most current information, please contact Michael Puhek