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$3,900,000
2 Days On Site

1470 S 13th Street
Oceano, CA 93445

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
10,838
SqFt
$360
/SqFt
1986
Built
Subdivision:
Oceano(350)
County:
San Luis Obispo
Listed by Dennis Allan of Allan Real Estate Investments [email protected]

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1470 S 13th Street1470 S 13th Street1470 S 13th Street1470 S 13th Street
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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.

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Listing Snapshot
Price 
$3,900,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,838 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.7355 Acres
Year Built 
1986
MLS® Number 
PI24254824
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoStatus changed to Active
2 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.7355
Garage 
Yes
Garage Spaces 
13
Number Of Stories 
2
Parking Spaces 
25
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
10838
Stories 
Two
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
RMF
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Road Frontage 
County Road
Spa Features 
None
View 
Neighborhood
Waterview 
Neighborhood
Community Features
Building Access 
1
Community Features 
Curbs
Financing Terms Available 
Cash1031 Exchange
MLS Area 
OCNO - Oceano
Roads 
Paved
1470 S 13th Street, Oceano, CA, 93445 Pezzini Luxury Homes

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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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