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Sold on 05/31/2024
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1580 S 13th St, Oceano, CA 93445

$884,000

Last sold 05/31/2024 for $2.65M

  • —

    bed

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    bath

Multi-family not for sale

About 1580 S 13th St

Property type Multi-family
Year built 1970
HOA fee $0/month
Lot size 0.46 Acre
Movoto estimate
Rental estimate
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.
Listed by
Listing Agent - Dennis Allan
Listing Office - Allan Real Estate Investments
Source: CRMLS mls logo
MLS#PI24086305 • last updated 2 years ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Single Family Residence
Status Closed
Lot Size (Acres) 0.4578
Lot Size (SqFt) 19941
Year Built 1970
Interior
Laundry Common Area
Exterior
Building Area Square Feet, 8697
Roof Composition
# Parking Spaces 13
Lot Description Level With Street
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County San Luis Obispo
Community Features Suburban
Subdivision Oceano(350), Oceano(350)
Zoning RMF
Directions 13th St Off Highway 1
APN 62271025
Multifamily Details
Expense: Trash 6579
Laundry Income 1500
Operating Expense 96126
Expense: Insurance 4386
Total Expenses 96126
Expense: Maintenance 26316
Expense: Water/ Sewer 10965
Gross Income 220800
Expense: Electric 4386
Gross Scheduled Income 219300
Expense: Gardener 2193
$884K
Range: $601K-$1.16M
Last 30 days 
Rental est.: $4,412/month
Gross rent multiplier: 50.1
  • May 2024
    mls logo MLS # PI24086305
  • May 31, 2024 Sold
    $2,650,000
  • May 7, 2024 Pending
    —
  • May 2, 2024 Listed
    $2,655,000
  • May 2024
    Public Records
  • May 31, 2024 Sold
    $2,650,000 (-0.2%)
  • Year Property taxes Tax assessment
  • 2024
    $8,866 +1.1%
    $811,124 +2.0%
  • 2023
    $8,768 +1.5%
    $795,220 +2.0%
  • 2022
    $8,640 +0.2%
    $779,628
  • 2021
    $8,624 +1.1%
    $779,628 +2.0%
  • 2020
    $8,529 +0.7%
    $764,342 +1.04%
  • 2019
    $8,470 +1.4%
    $756,505 +2.0%
  • 2018
    $8,349 +1.9%
    $741,672 +2.0%
  • 2017
    $8,192 +6.0%
    $727,131 +4.04%
  • 2016
    $7,729 +4.6%
    $698,898
  • 2015
    $7,392
    —
  • 1580 S 13th St
    $2.65M
  • —
  • 93445
    $735K -18% y/y
  • Oceano
    $735K -18% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 1580 S 13th St
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