Oceano, CA 93445,1111 N Strand WAY
Oceano, CA 93445,1111 N Strand WAY
Oceano, CA 93445,1111 N Strand WAY
Oceano, CA 93445,1111 N Strand WAY
Oceano, CA 93445,1111 N Strand WAY
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$2,180,000

$2,500,000

12.8%
Est.Price: ?

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Est. payment /mo

6,098 Sqft Lot


SOLD DATE : 07/10/2019

Key Details

Sold Price $2,180,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Oceano(350)

MLS Listing ID SC19140448

Sold Date 07/10/19

HOA Y/N No

Year Built 2016

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Marketing Remarks: Currently in escrow and ready to fall out! Appraised for $2,500,000! Solar ($50,000 PAID for and included), On Demand Hot Water, Tankless Water Heaters, Ductless Heating, built to LEED specs, Passive Solar Design, 18 foot high ceilings, 2 x 6 fully insulated and sound proofed walls, and more! Commercial Zoning. $640 all utilities. 3 Units Projected Income as Vacation Rentals: Unit A/$73,000, Unit B $76,000, Unit C $44,000 per year. Unit A is 1,638 sq ft, $4,000/month, Unit B is 1,820 sq ft, $3,750 per month; Unit C/$2,000 per month, 462 sq ft. Current Leases: $4,000/Unit A, 12 month lease; $3,750/Unit B, Leased until June of 2019; $2,000/Unit C, Leased until November 2020.Make offer. Trades and exchanges? Buyer from June of 2018 paid for an appraisal, her escrow fell out so she could not close at Appraisal Price $2,500,000. Appraisal Priced.

Location

State CA

County San Luis Obispo

Area Ocno - Oceano

Zoning Commercial

Rooms

Ensuite Laundry Inside, Stacked

Interior

Laundry Location Inside,Stacked

Heating Solar, See Remarks, Zoned

Cooling Zoned

Fireplaces Type Living Room

Fireplace Yes

Appliance Dryer, Washer

Laundry Inside, Stacked

Exterior

Garage Spaces 4.0

Garage Description 4.0

Fence Block

Pool None

Community Features Biking, Curbs, Fishing, Hiking, Horse Trails, Near National Forest, Preserve/Public Land, Street Lights, Sidewalks, Water Sports, Park

Utilities Available Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, See Remarks, Underground Utilities, Water Connected

Waterfront Description Beach Access,Beach Front,Ocean Access,Ocean Front,Ocean Side Of Highway

Roof Type See Remarks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Back Yard, Corner Lot, Front Yard, Gentle Sloping, Landscaped, Near Park, Paved, Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 061011005

Security Features Carbon Monoxide Detector(s),Fire Sprinkler System

Acceptable Financing Cash to Existing Loan, Lease Option, Owner May Carry, Submit, Trade

Horse Feature Riding Trail

Listing Terms Cash to Existing Loan, Lease Option, Owner May Carry, Submit, Trade

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by John Madrid • John Madrid, Broker
Bought with NONE NONE • CRMLS
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4040 Barranca Pkwy Suite 150, Irvine, CA, 92604

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