Joshua Farris
Guide Real Estate
(805) 257-1597
58 Total Sales
5 in Oceano
$535K - $705K Price Range
1182 Pacific Blvd Oceano, CA 93445
Oceano Neighborhood
10
Beds
10
Baths
5,668
Sq Ft
0.28
Acre Lot
About This Home
As of September 2019Close to the beach, this courtyard configured building is surrounded by 6 professionally managed, maintained, and updated units. The units are all single level after coming up from the garages below. Four (4) of the units are 2 bed - 1.5 bath with two (2) units in the rear that have spacious, private decks with peeks of the ocean that have 2 beds - 1.75 baths. There are 7 single car garages located in the back with a community laundry room and storage area. The spacious storage area has multiple rooms including a 3/4 bath. There are two long term tenants and one new lease in a just completed rehab as seen in the pictures. Three (3) of the units have undergone a rehab like those in the pictures. All other leases have become month to month. Rents are low with plenty of upside, especially if rented furnished. There may potential for turning the downstairs storage area into an additional unit but this must be verified with the county. This outstanding investment opportunity will not last long... call your agent today!
Last Agent to Sell the Property
Ocean West Properties, Inc. License #00870936 Listed on: 06/14/2019
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 12,000 Sq Ft Lot
- No Units Located Below
- Two or More Common Walls
- Corner Lot
Parking
- 7 Car Garage
Home Design
- 5,668 Sq Ft Home
- Apartment
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Assessor Parcel Number 061112010
Community Details
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $360
- Fuel Expense $240
- Insurance Expense $3,720
- Trash Expense $1,872
- Water Sewer Expense $5,040
- Operating Expense $11,232
- Gross Income $101,820
Additional Features
- 6 Units
- Laundry Facilities
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Oceano, CA
-
Joshua Farris
-
Allan Mann
Allan Mann
Time Realty Property Management
(805) 790-7958
123 Total Sales
1 in Oceano
$1,126,300 Price
-
Erik O'Sullivan
Erik O'Sullivan
RE/MAX Success
(805) 819-5694
42 Total Sales
1 in Oceano
$95,000 Price
-
Cory Mason
Cory Mason
Home Again
(805) 519-7564
22 Total Sales
2 in Oceano
$415,000 Price Range
-
Triet Nguyen
Triet Nguyen
Tera Real Estate
(650) 885-9155
63 Total Sales
1 in Oceano
$1,100,000 Price
-
Claudia Medina
Claudia Medina
Coldwell Banker West
(619) 304-7707
28 Total Sales
2 in Oceano
$869,000 Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/20/2019 09/20/19 | Sold | $1,500,000 | 0.0% | $265 / Sq Ft |
| 08/15/2019 08/15/19 | Pending | -- | -- | -- |
| 07/31/2019 07/31/19 | For Sale | $1,500,000 | 0.0% | $265 / Sq Ft |
| 07/17/2019 07/17/19 | Pending | -- | -- | -- |
| 06/14/2019 06/14/19 | For Sale | $1,500,000 | -- | $265 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $19,498 | $1,673,273 | $557,756 | $1,115,517 |
| 2025 | $18,807 | $1,640,465 | $546,820 | $1,093,645 |
| 2024 | $18,611 | $1,608,300 | $536,099 | $1,072,201 |
| 2023 | $18,611 | $1,576,766 | $525,588 | $1,051,178 |
| 2022 | $18,358 | $1,545,850 | $515,283 | $1,030,567 |
| 2021 | $19,242 | $1,515,540 | $505,180 | $1,010,360 |
| 2020 | $18,138 | $1,500,000 | $500,000 | $1,000,000 |
| 2019 | $7,106 | $478,871 | $145,834 | $333,037 |
| 2018 | $6,902 | $469,482 | $142,975 | $326,507 |
| 2017 | $6,675 | $460,277 | $140,172 | $320,105 |
| 2016 | $6,251 | $451,253 | $137,424 | $313,829 |
| 2015 | $4,773 | $444,475 | $135,360 | $309,115 |
| 2014 | $4,597 | $435,769 | $132,709 | $303,060 |
Source: Public Records
Agents Affiliated with this Home
-
Erin Down
Seller's Agent in 2019
Erin Down
Ocean West Properties, Inc.
(805) 540-8485
1 in this area
11 Total Sales
-
Patrick McCann
P
Seller Co-Listing Agent in 2019
Patrick McCann
Ocean West Properties, Inc.
(805) 710-0263
1 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI19141554
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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