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1960 Beach St, Oceano, CA 93445

  • $1,800,000

  • bed

  • bath

Multi-family pending
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About 1960 Beach St

Property type Multi-family
Year built 1989
HOA fee $0/month
Lot size 0.32 Acre
Movoto estimate
Parking 14 garage spaces
Rental estimate
Property description
Tucked in the heart of Oceano just behind Central Market and roughly a mile from the beach, this 10-unit multifamily opportunity is comprised of four buildings across two separate lots (14,000 SF total). Each lot features a 2BD/1BA detached home with its own single-car garage and in-home laundry hookups, plus a rear apartment-over-garage units offering eight additional units total (four per side) above garage rows, with additional garages rented separately for extra income. Property operations are streamlined with separately metered units, owner-paid water/trash, plus house meters for common-area lights and two on-site coin-operated laundry rooms. Gas cooking and gas wall heaters, refrigerators provided, and a clean, practical unit mix make this a compelling coastal asset with 2025 gross income of $147,000 in a convenient, tenant-friendly location.
Listed by
Listing Agent - Vincent Allan
Listing Agent Contact: 805-459-0339
Listing Office - Allan Real Estate Investments
Source: CRMLS mls logo
MLS#PI26001043 • last updated 2 months ago
Movoto checked CRMLS for data 8 minutes ago
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Overview
Levels/Style One, Two
Type Residential Income
SubType Apartment
Status Pending
Lot Size (Acres) 0.3214
Lot Size (SqFt) 14000
Year Built 1989
Interior
Laundry Community
Flooring Carpet
Appliances Refrigerator, Gas Range, Gas Oven
Accessibility Features None
Exterior
Foundation Slab
Building Area Square Feet, 5500
Parking Garage
# Parking Spaces 14
# Garage Spaces 14
Lot Description Rectangular Lot
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View None
County San Luis Obispo
Community Features Suburban
Subdivision Oceano(350), Oceano(350)
Directions South Side Of Beach Street, Between 19th And 21st Streets (Behind Central Market)
APN 62114018
Multifamily Details
Tenant Pays Electricity
Expense: Trash 2222
Laundry Income 580
Operating Expense 65955
Cap Rate 5.2
Expense: Insurance 15602
Total Expenses 65955
Expense: Water/ Sewer 7790
Gross Income 159580
Gross Scheduled Income 159580
Expense: Gardener 2728
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Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

Explore everything this neighborhood has to offer.
31/100
Walk
78/100
Family
39/100
Dining
75/100
Pet
  • Real Estate
  • CA
  • San Luis Obispo County
  • Oceano
  • 93445
  • 1960 Beach St

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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.
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