Oceano, CA 93445,1845 21st Street
Oceano, CA 93445,1845 21st Street
Oceano, CA 93445,1845 21st Street
$1,070,000
Est. payment /mo
$1,149,000
6.9%
Est.Price: ?

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7 Beds
4 Baths
2,272 SqFt
SOLD DATE : 03/14/2025

Key Details

Sold Price $1,070,000

Property Type Condo

Listing Status Sold

Purchase Type For Sale

Square Footage 2,272 sqft

Price per Sqft $470

MLS Listing ID PI24229725

Sold Date 03/14/25

Style All Other Attached

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1952

Lot Size 7,000 Sqft

Acres 0.1607

Property Description

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, youll 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 Redfins 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 with rental income from the remaining units. Only a short drive to world-class surfing in Oceano, several top-tier golf courses, fantastic shopping, and restaurants in the Village and on Grand Ave, this property is well situated. With limited availability of similar properties in the Five Cities area, this
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, youll 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 Redfins 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 with rental income from the remaining units. Only a short drive to world-class surfing in Oceano, several top-tier golf courses, fantastic shopping, and restaurants in the Village and on Grand Ave, this property is well situated. With limited availability of similar properties in the Five Cities area, this is an exceptional value at just $503 per square foot. Dont miss out on this one! Call today for details. All information provided is considered reliable; however, accuracy is not guaranteed. Buyers and their agents are advised to conduct their own due diligence to verify all details independently.

Location

State CA

County San Luis Obispo

Area Oceano (93445)

Zoning RMF

Interior

Flooring Carpet, Laminate

Equipment Dryer, Microwave, Refrigerator, Washer, Gas Range

Appliance Dryer, Microwave, Refrigerator, Washer, Gas Range

Laundry Laundry Room, Outside

Building

Lot Description Corner Lot

Story 1

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional, Cash To New Loan

Listing Terms Cash, Conventional, Cash To New Loan

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San Diego Regional MLS (SDMLS)
Listed by Michael Puhek • RE/MAX Success
Bought with Dante Delapaz Garcia • Re/Max Pines by the Sea

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Melissa Eannarino

+1(760) 845-1085

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