Active Under Contract
$3,900,000
bedrooms
6
bathrooms
1
square feet
10,838
Acreage
0.7354683195592286
Open Houses
-
year built
1986
Full Baths
1
Half Baths
0
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. Listed by Allan Real Estate Investments, DRE #00961923, www.allanrealestate.com, 805-473-7500
| Location | |
| Subdivision | Oceano(350) |
| County | San Luis Obispo |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
Find out more
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MLS number: PI24254824
Listing agent:
Dennis Allan
#00961923
Listing broker:
Allan Real Estate Investments
(805) 473-7500
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, January 24 2025 at 6:15 p.m. EST
Kotohomes National