1470 S 13Th Street
Oceano, CA 93445
Active for $3,900,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 32,037 sqft
| MLS | PI24254824 |
| Year Built | 1986 |
| Property Type | Apartment |
| County | San Luis Obispo |
| Status | Active |
| Active | $3,900,000 |
| Structure Size | N/A sqft |
| Lot Size | 32,037 sqft |
| Beds | N/A |
| Baths | N/A |
Description
Rare opportunity to acquire a 20 unit residential income property near the beach in South County. The offering consists of an older home which encompasses a 3 bedroom, 1 bathroom unit and a 2 bedroom, 1 bathroom unit. There are three other buildings built in 1986 which have six 1 bedroom, 1 bathroom units. Extra income is generated by onsite laundry facilities as well as 13 garage spaces which are all rented separately. The garage units consists of two 2-car garages and eleven 1-car garages. There is a common trash area and 12 parking spots. Each of the apartments has it's own gas and electric meter. The property is under professional management and has had a history of high occupancy. The seller states that the garage roof was replaced in 2013, apartment roofs in 2015 and the house roof in 2017. Fencing was updated in 2018 and rain gutters were repaired in 2016.
Listing information courtesy of: Dennis Allan, Allan Real Estate Investments . *Based on information from the Association of REALTORS/Multiple Listing as of 01/07/2025 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.
Location
Contact a Local Realtor®
John Maseredjian
REALTOR®
Direct: 818.643.3504
Email: Email Me
DRE: 01874369
DRE #01873088
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