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Key Details
Sold Price $2,650,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Oceano(350)
MLS Listing ID PI24086305
Sold Date 05/31/24
HOA Y/N No
Year Built 1970
Lot Size 0.458 Acres
Property Description
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.
Location
State CA
County San Luis Obispo
Area Ocno - Oceano
Zoning RMF
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Suburban
Roof Type Composition
Total Parking Spaces 13
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 062271025
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Anthony Aurignac • Venture Real Estate
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