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Sold on 12/11/2025
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1700 22nd St, Oceano, CA 93445

$975,000

Last sold 12/11/2025 after 140 Days

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    bed

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    bath

Multi-family not for sale
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About 1700 22nd St

Property type Multi-family
Year built 1987
HOA fee $0/month
Lot size 7,000 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
Discover this 4 unit offering with rental appeal and flexible living options—all on one well-maintained corner lot with alley access and freshly sealed asphalt driveways. The SFR home is single-story with 2-bedroom, 1-bath with an attached 1-car garage (converted). Behind it sits a triplex built around 1987, each unit featuring 2 bedrooms, 1 bath, and its own garage space. Thoughtfully designed for privacy and convenience, the layout provides each tenant with comfortable living spaces and low-maintenance landscaping. Consistently occupied by long-term tenants, this property reflects pride of ownership and reliable performance. Whether you’re seeking to live in one unit and rent the others, expand your investment portfolio, or complete a 1031 exchange, this four-unit property offers versatile potential and lasting value.
Listed by
Listing Agent - Dick Keenan
Listing Agent Contact: 805-801-9032
Listing Office - Keller Williams Realty Central Coast
Source: CRMLS mls logo
MLS#PI25165757 • last updated 11 months ago
Movoto checked CRMLS for data 1 minute ago
Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Closed
Lot Size (Acres) 0.1607
Lot Size (SqFt) 7000
Year Built 1987
Interior
Laundry None
Appliances Disposal, Gas & Electric Range, Water Heater
Exterior
Foundation Slab
Construction Stucco
Building Area Square Feet, 3113
Roof Composition
Parking Driveway, Garage, Garage - Three Door
# Uncovered Spaces 5
# Parking Spaces 8
# Garage Spaces 4
Lot Description Corner Lot
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View Neighborhood
County San Luis Obispo
Community Features Biking, Suburban
Subdivision Oceano(350), Oceano(350)
Zoning RMF
Directions Corner Of Paso Robles And 22nd Street
APN 62092017
Multifamily Details
Operating Expense 21773
Cap Rate 2.76
Expense: Insurance 2500
Total Expenses 9282
Expense: Maintenance 3800
Expense: Water/ Sewer 2682
Gross Income 56880
Gross Operating Income 54900
Gross Multiplier 22
Gross Scheduled Income 56880
Expense: Gardener 300
Lot/ Land Details
Road Frontage Alley
Road Surface Paved
$998K
Range: $818K-$1.17M
Last 30 days 
Rental est.: $4,412/month
Gross rent multiplier: 18.4
  • Dec 2025
    mls logo MLS # PI25165757
  • Dec 11, 2025 Sold
    $975,000
  • Nov 10, 2025 Pending
    —
  • Nov 10, 2025 Price Change
    $999,000 (-4.9%)
  • Oct 20, 2025 Price Change
    $1,050,000 (-2.3%)
  • Sep 25, 2025 Price Change
    $1,075,000 (-2.2%)
  • Sep 8, 2025 Listed
    —
  • Aug 13, 2025 Pending
    —
  • Aug 5, 2025 Price Change
    $1,099,000 (-8.3%)
  • Jul 24, 2025 Listed
    $1,199,000
  • Dec 2025
    Public Records
  • Dec 11, 2025 Sold
    $975,000 (-2.4%)
  • Year Property taxes Tax assessment
  • 2025
    $4,681 +4.4%
    $314,937 +2.0%
  • 2024
    $4,483 +0.8%
    $308,763
  • 2023
    $4,446 +1.1%
    $308,763 +4.04%
  • 2022
    $4,397 +0.1%
    $296,774 +2.0%
  • 2021
    $4,391 +0.8%
    $290,956
  • 2020
    $4,355 +0.5%
    $290,956 +1.04%
  • 2019
    $4,332 +3.1%
    $287,974 +2.0%
  • 2018
    $4,201 -1.9%
    $282,328 +2.0%
  • 2017
    $4,281 +28.8%
    $276,793 +4.04%
  • 2016
    $3,324 +18.1%
    $266,047
  • 2015
    $2,814
    —
  • 1700 22nd St
    $975K
  • —
  • 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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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/2026. 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. 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, 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.
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