Movoto Real Estate
Sold on 10/30/2020
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1410 14th St, Oceano, CA 93445

$581,000

Last sold 10/30/2020 for $310K

  • —

    bed

  • —

    bath

  • 1,046

    Sqft ($296/Sqft)

Multi-family not for sale

About 1410 14th St

Property type Multi-family
Year built 1915
HOA fee $0/month
Lot size 5,227 Sqft
Movoto estimate
Rental estimate
Property description
Two units on one lot in Oceano! This property has a 2 bed 1 bath main house and a 1 bed 1 bath secondary unit. As you walk into the main house, you will step back in time to the charm of this 1915 constructed home. There is some original redwood walls in the kitchen and a cute french door off one of the bedrooms. The clawfoot bathtub is filled with charm in the bathroom. As you step into the outdoor space, you will see a cute and well maintained garden. It is very quiet and serene in the yard. There is a perfect patio and pergola set up. There are two sheds - potential man cave or she shed, office studio, artist studio, or den. The back unit is snug, though it has a bathroom, kitchen, and bathroom with a nice tiled shower. The main house is about 616 SF~ and the back house is about 446 SF~. Main house rented for $1650/mo and back house for $950/mo in their current condition. The lot is zoned residential multifamily, and could be further developed if you wanted to tear down and rebuild. This home is a fixer upper. It will need a lot of work and is priced accordingly. Buyer to confirm all square footages, uses, and permits with city.
Listed by
Listing Agent - Owen Schwaegerle
Listing Office - Keller Williams Realty Central Coast
Source: CRMLS mls logo
MLS#SP20166423 • last updated 6 years ago
Movoto checked CRMLS for data 6 minutes ago
Overview
Levels/Style One
SubType Duplex
Status Closed
Lot Size (Acres) 0.12
Lot Size (SqFt) 5227
Year Built 1915
Interior
Laundry None
Exterior
Building Area Square Feet, 1046
Lot Description 2-5 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County San Luis Obispo
Community Features Fishing, Hiking, Watersports
Zoning RMF
Directions Go To Oceano, Turn Down 14th, It Is At The Corner Of Wilmar And 14th
APN 62041054
Multifamily Details
Expense: Trash 1000
Operating Expense 7250
Cap Rate 6.38
Expense: Insurance 1200
Total Expenses 7250
Expense: Water/ Sewer 1000
Gross Income 31200
Gross Multiplier 12.02
Gross Scheduled Income 31200
Lot/ Land Details
Average Studio Area 446
$581K
Range: $523K-$638K
Last 30 days 
Rental est.: $4,412/month
Gross rent multiplier: 5.9 - Great
  • Oct 2020
    mls logo MLS # SP20166423
  • Oct 30, 2020 Sold
    $310,000
  • Aug 20, 2020 Pending
    —
  • Aug 13, 2020 Listed
    $375,000
  • Oct 2020
    mls logo MLS # SP20166411
  • Oct 30, 2020 Sold
    $310,000 (-20.3%)
  • Aug 20, 2020 Pending
    —
  • Aug 15, 2020 Price Change
    $389,000 (+3.7%)
  • Aug 13, 2020 Listed
    $375,000
  • Year Property taxes Tax assessment
  • 2024
    $4,085 +1.0%
    $328,973 +2.0%
  • 2023
    $4,045 +1.3%
    $322,524
  • 2022
    $3,993 +0.2%
    $322,524 +2.0%
  • 2021
    $3,986 +112.1%
    $316,200 +171.35%
  • 2020
    $1,880 +0.5%
    $116,530
  • 2019
    $1,871 +3.4%
    $116,530 +2.0%
  • 2018
    $1,809 +3.9%
    $114,246 +2.0%
  • 2017
    $1,741 +7.0%
    $112,007 +4.04%
  • 2016
    $1,627 +42.8%
    $107,660
  • 2015
    $1,139
    —
  • 1410 14th St
    $310K
  • —
  • 93445
    $735K -18% y/y
  • Oceano
    $735K -18% y/y
No chart available
Statistics calculated by Movoto

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6/10
Oceano Elementary School
public Grades K-6
Lucia Mar Unified School District
6/10
Judkins Middle School
public Grades 7-8
Lucia Mar Unified School District
7/10
Arroyo Grande High School
public Grades 9-12
Lucia Mar Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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