NOT LISTED FOR SALE

1931 Beach St Oceano, CA 93445

Oceano Neighborhood

Estimated Value: $1,186,496 - $1,290,000

2 Beds
2 Baths
3,348 Sq Ft
$372/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2021

Last sale price $995,000 $297 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,731 / mo

11 Days on Market

Highlights

  • Rectangular Lot
  • Arroyo Grande High School Rated A-
  • 3-minute walk to Oceano Dunes State Vehicular Recreation Area

About This Home

As of August 2021

Four townhouse apartments each with 2 bedrooms and full bath upstairs, living-room, 1/2 bath and kitchen down-stairs. Rear patio with covered area for laundry. Building has been recently tented and all pest work completed. Water is individually metered. Drive by only please do not disturb the tenants. Interior inspection only with accepted offer. Buyer to verify all.

Last Agent to Sell the Property

Mark London

Asset Management Service License #00589098 Listed on: 06/24/2021

Last Buyer's Agent

Ryan Benson

Peak Properties License #01949307

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 7,000 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Home Design

  • 3,348 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Driveway
  • Uncovered Parking
  • On-Site Parking

Utilities

  • Sewer Assessments
  • Sewer Paid

Additional Features

  • Laundry Located Outside
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Legal Lot and Block 22 / 26
  • Assessor Parcel Number 062089022

Community Details

Overview

  • 4 Units
  • Oceano Subdivision

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $130
  • Gardener Expense $1,060
  • Insurance Expense $959
  • Maintenance Expense $5,740
  • Trash Expense $1,218
  • Water Sewer Expense $1,225
  • Operating Expense $10,332
  • Gross Income $57,360
  • Net Operating Income $47,028

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Inclusions: Stoves
  • Property Attached: Yes
  • Subdivision Name Other: Oceano(350)
  • Water Sewer Expenses: 1225.00
  • Zoning: RMF
  • Property Type: Residential Income
  • Gardener Expense: 1060.00
  • Parcel Number: 062089022
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 297.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Asphalt, On Site, Uncovered

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer, Sewer Assessments, Sewer Paid
  • Trash Expense: 1218.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Electric Expense: 130.00
  • Gross Income: 57360.00
  • Gross Scheduled Income: 57360.00
  • Insurance Expense: 959.00
  • Lot Size Area: 7000.0000 Square Feet
  • Maintenance Expense: 5740.00
  • Net Operating Income: 47028.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 10332.00
  • Rent Control: No
  • Total Expenses: 10332.00

Tax Info

  • Tax Block: 26
  • Tax Census Tract: 122.00
  • Tax Lot: 22

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 15, 2021
Sold by
Bought by
Seller's Agent
Mark London
Asset Management Service
Buyer's Agent
Ryan Benson
Peak Properties
List Price
$1,150,000
Sold Price
$995,000
Premium/Discount to List
-$155,000
-13.48%
Current Estimated Value
$1,244,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,124
Avg. Annual Appreciation
4.69%
Original Mortgage
$495,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
0.0381%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
0.0433%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,700
Interest Rate
0.0796%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$995,000 Fidelity National Title Co
-- First American Title Company
-- First American Title Company
-- None Available
$460,000 First American Title Company
-- None Available
$245,000 First American Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $495,000
Previous Owner $417,000
Previous Owner $345,000
Previous Owner $79,000
Previous Owner $240,000
Previous Owner $240,000
Previous Owner $183,700
Previous Owner $183,700
Source: Public Records

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
08/26/2021 08/26/21 Sold $995,000 0.0% $297 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
07/01/2021 07/01/21 Price Changed $995,000 -13.5% $297 / Sq Ft
06/24/2021 06/24/21 For Sale $1,150,000 -- $343 / 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
2025 $12,148 $1,055,901 $451,013 $604,888
2024 $12,022 $1,035,198 $442,170 $593,028
2023 $12,022 $1,014,900 $433,500 $581,400
2022 $11,859 $995,000 $425,000 $570,000
2021 $7,149 $544,452 $207,126 $337,326
2020 $7,081 $538,871 $205,003 $333,868
2019 $7,039 $528,306 $200,984 $327,322
2018 $6,875 $517,948 $197,044 $320,904
2017 $6,686 $507,793 $193,181 $314,612
2016 $6,280 $497,838 $189,394 $308,444
2015 $5,265 $490,361 $186,550 $303,811
2014 $5,071 $480,756 $182,896 $297,860
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mark London

    Asset Management Service

    Section Image
  • Ryan Benson

    Buyer's Agent in 2021

    Ryan Benson

    Peak Properties

    (805) 550-1980

    2 in this area

    29 Total Sales

    Ryan Benson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI21137214

California Regional Multiple Listing Service (CRMLS)

APN: 062-089-022

California San Luis Obispo County Oceano 93445 Oceano

1931 Beach St, Oceano, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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