Oceano CA Multi Family for Sale
$1,149,000
1845 21st Street Oceano, CA 93445
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.16 Acres
- Year built:
- 1952
- Baths:
- MLS#:
- CRPI24230234
View additional info
Courtesy: RE/MAX Success
ADDITIONAL INFORMATION
Investment Opportunity in Oceano! Here is a fantastic investment opportunity in a desirable area of Oceano. This property has undergone numerous upgrades and is conveniently located just a short drive from the charming Village of Arroyo Grande. Included in this offering are 1845 21st St & 2110 E Oceano Ave Oceano. 2110 Ocean Ave, a quaint one-bedroom house with a lovely fenced yard and a covered patio which can also be used as a carport. The patio provides easy access to a shared laundry room. In the center of the property, you’ll find 1845B, a cozy studio unit, and 1845A, a two-bedroom, one-bath unit with its own private fenced yard and a small patio in the back. This property is versatile and offers multiple potential uses: 1. Income Property: As a residential income property, it has significant upside. Three of the four units have recently been set up for utility bill-back, and the fourth will be on bill-back soon, resulting in a substantial increase in net income. Current rents are below Redfin’s lowest advertised rates for similar units in the area, so adjusting to market rates can boost your returns. 2. Family Compound: Alternatively, this property could be a wonderful family compound. Live in one or two of the units, and offset a significant portion of your mortgage wi
Oceano Real Estate
The median home value in Oceano, CA is $530,000. This is lower than the county median home value of $812,000. The national median home value is $338,100. The average price of homes sold in Oceano, CA is $530,000. Approximately 54.3% of Oceano homes are owned, compared to 31.41% rented, while 14.29% are vacant. Oceano real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oceano real estate agent to arrange a tour today!
Oceano, California has a population of 7,371. Oceano is more family-centric than the surrounding county with 30.85% of the households containing married families with children. The county average for households married with children is 26.98%.
The median household income in Oceano, California is $68,495. The median household income for the surrounding county is $82,514 compared to the national median of $69,021. The median age of people living in Oceano is 44.8 years.
Oceano Weather
The average high temperature in July is 72.4 degrees, with an average low temperature in January of 43 degrees. The average rainfall is approximately 19.3 inches per year, with 0 inches of snow per year.