1371 S 4th Street

    Oceano, CA 93445
    • $419,000
    • STATUS: Pending
    • ON SITE: 208 days
    • ID#: SC18064751
    Pending
    UPDATED: 39 min ago
    $419,000
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,648
      SQFT
    • $254
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1945
    County:

    School Ratings & Info

    Description

    Price Reduced to Sell. Motivated Seller. Duplex with additional detached studio located in Oceano just off Highway 1. Property is located in close proximity to the Oceano Dunes entrance and downtown Oceano. The property is comprised of a 17,000 square foot lot with 3 residential units. The unit mix consists of a 1,200 sf duplex with a 1 bedroom/ 1 bath and a 2 bedroom/ 1 bath unit. A detached Studio is located behind the duplex. All units are at below market rents which will allow for rent growth over the coming years. Located on South 4th Street, this property is zoned Commercial Service. ALLOWED uses include Warehousing, Mini-Storage, Automotive, RV Storage and more. View SLO County Zoning Matrix for more info. Property to be sold As-Is, no repairs made by Seller.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-16T13:29:24.173. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/81851510

    1371 S 4th Street Oceano, CA 93445

    • Price: $419,000
    • Status: Pending
    • Updated: 39 min ago
    • ID#: SC18064751
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    1,648
    SQFT
    $254
    $/SQFT
    1945
    Built
    Neighborhood:
    Oceano(350)
    County:
    San Luis Obispo
    Area:
    OCNO - Oceano
    Property Description
    Price Reduced to Sell. Motivated Seller. Duplex with additional detached studio located in Oceano just off Highway 1. Property is located in close proximity to the Oceano Dunes entrance and downtown Oceano. The property is comprised of a 17,000 square foot lot with 3 residential units. The unit mix consists of a 1,200 sf duplex with a 1 bedroom/ 1 bath and a 2 bedroom/ 1 bath unit. A detached Studio is located behind the duplex. All units are at below market rents which will allow for rent growth over the coming years. Located on South 4th Street, this property is zoned Commercial Service. ALLOWED uses include Warehousing, Mini-Storage, Automotive, RV Storage and more. View SLO County Zoning Matrix for more info. Property to be sold As-Is, no repairs made by Seller.
    Exterior Features

    Garage Spaces 0.00 Lot Features Lot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Total 3.00 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Maintained

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features None Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Street Lighting Country Us Electric Expense 600.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 28800.00 Gross Operating Income 27936.00 Gross Scheduled Income 28800.00 Insurance Expense 1000.00 Land Lease YN No Laundry YN No Maintenance Expense 1397.00 Maintenance Percent 5.00 Net Operating Income 17339.00 New Taxes Expense 5500.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 3 Number With Range 3 Number With Refrigerator 3 Operating Expense 10597.00 Professional Management Expense 0.00 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Oceano(350) Tenant Pays None Total Actual Rent 28800.00 Total Expenses 10597.00 Trash Expense 600.00 Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer ConnectedWater Available Vacancy Allowance 864 Vacancy Allowance Rate 3.00 Water Sewer Expense 1500.00 Water Source Public Zoning Cs

    Listing provided courtesy of Patrick Wilkinson of Central Commercial Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-16T13:29:24.173. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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