Seller's Agent in 2018
Patrick Wilkinson
Archer Wilkinson, Inc.
(805) 234-3722
12 Total Sales
1371 S 4th St Oceano, CA 93445
Oceano Neighborhood
4
Beds
3
Baths
1,648
Sq Ft
1945
Built
About This Home
As of October 2018Price Reduced to Sell. Motivated Seller. Duplex with additional detached studio located in Oceano just off Highway 1. Property is located in close proximity to the Oceano Dunes entrance and downtown Oceano. The property is comprised of a 17,000 square foot lot with 3 residential units. The unit mix consists of a 1,200 sf duplex with a 1 bedroom/ 1 bath and a 2 bedroom/ 1 bath unit. A detached Studio is located behind the duplex. All units are at below market rents which will allow for rent growth over the coming years. Located on South 4th Street, this property is zoned Commercial Service. ALLOWED uses include Warehousing, Mini-Storage, Automotive, RV Storage and more. View SLO County Zoning Matrix for more info.
Property to be sold As-Is, no repairs made by Seller.
Last Agent to Sell the Property
Archer Wilkinson, Inc. License #01999527 Listed on: 03/20/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1945
Lot Details
- 17,000 Sq Ft Lot
- 1 Common Wall
Home Design
- 1,648 Sq Ft Home
- Triplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
Outdoor Features
- Exterior Lighting
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 062291029
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $600
- Insurance Expense $1,000
- Maintenance Expense $1,397
- Trash Expense $600
- Water Sewer Expense $1,500
- New Taxes Expense $5,500
- Operating Expense $10,597
- Gross Income $28,800
- Net Operating Income $17,339
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2018 10/31/18 | Sold | $400,000 | -4.5% | $243 / Sq Ft |
| 09/27/2018 09/27/18 | Pending | -- | -- | -- |
| 07/31/2018 07/31/18 | Price Changed | $419,000 | -4.6% | $254 / Sq Ft |
| 05/30/2018 05/30/18 | Price Changed | $439,000 | -8.4% | $266 / Sq Ft |
| 04/17/2018 04/17/18 | Price Changed | $479,000 | -3.2% | $291 / Sq Ft |
| 03/20/2018 03/20/18 | For Sale | $495,000 | -- | $300 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $5,229 | $446,201 | $278,876 | $167,325 |
| 2024 | $5,176 | $437,453 | $273,408 | $164,045 |
| 2023 | $5,176 | $428,877 | $268,048 | $160,829 |
| 2022 | $5,107 | $420,469 | $262,793 | $157,676 |
| 2021 | $5,099 | $412,226 | $257,641 | $154,585 |
| 2020 | $5,047 | $408,000 | $255,000 | $153,000 |
| 2019 | $5,015 | $400,000 | $250,000 | $150,000 |
| 2018 | $3,567 | $270,560 | $135,280 | $135,280 |
| 2017 | $3,470 | $265,256 | $132,628 | $132,628 |
| 2016 | $3,260 | $260,056 | $130,028 | $130,028 |
| 2015 | $2,750 | $256,150 | $128,075 | $128,075 |
| 2014 | $2,649 | $251,134 | $125,567 | $125,567 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Wilkinson
-
Cary Geihs
C
Buyer's Agent in 2018
Cary Geihs
Geihs Enterprises, Inc
(805) 773-4603
1 in this area
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC18064751
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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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