1960 Beach St Oceano, CA 93445
Oceano NeighborhoodEstimated payment $11,073/month
Highlights
- 0.32 Acre Lot
- No HOA
- 14 Car Garage
- Arroyo Grande High School Rated A-
- Laundry Room
- 4-minute walk to Oceano Dunes State Vehicular Recreation Area
About This Home
Tucked in the heart of Oceano just behind Central Market and roughly a mile from the beach, this 10-unit multifamily opportunity is comprised of four buildings across two separate lots (14,000 SF total). Each lot features a 2BD/1BA detached home with its own single-car garage and in-home laundry hookups, plus a rear apartment-over-garage units offering eight additional units total (four per side) above garage rows, with additional garages rented separately for extra income. Property operations are streamlined with separately metered units, owner-paid water/trash, plus house meters for common-area lights and two on-site coin-operated laundry rooms. Gas cooking and gas wall heaters, refrigerators provided, and a clean, practical unit mix make this a compelling coastal asset with 2025 gross income of $147,000 in a convenient, tenant-friendly location.
Listing Agent
Allan Real Estate Investments Brokerage Phone: 805-459-0339 License #01421798 Listed on: 01/08/2026
Co-Listing Agent
Allan Real Estate Investments Brokerage Phone: 805-459-0339 License #00961923
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1989
Lot Details
- 0.32 Acre Lot
- Two or More Common Walls
- Rectangular Lot
- 062114021
Parking
- 14 Car Garage
- Parking Available
Home Design
- Apartment
- Entry on the 1st floor
- Slab Foundation
Interior Spaces
- 5,500 Sq Ft Home
- 2-Story Property
- Carpet
- Fire and Smoke Detector
Kitchen
- Gas Oven
- Gas Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Location
- Suburban Location
Utilities
- Wall Furnace
- Standard Electricity
Listing and Financial Details
- Legal Lot and Block 9 / 36
- Assessor Parcel Number 062114018
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 10 Units
- Oceano Subdivision
Amenities
- Laundry Facilities
Building Details
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $2,728
- Insurance Expense $15,602
- Professional Management Expense $8,324
- Trash Expense $2,222
- Water Sewer Expense $7,790
- Operating Expense $65,955
- Gross Income $159,580
- Net Operating Income $93,625
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/06/2026 02/06/26 | For Sale | $1,800,000 | 0.0% | $327 / Sq Ft |
| 01/17/2026 01/17/26 | Pending | -- | -- | -- |
| 01/14/2026 01/14/26 | For Sale | $1,800,000 | 0.0% | $327 / Sq Ft |
| 01/09/2026 01/09/26 | Pending | -- | -- | -- |
| 01/08/2026 01/08/26 | For Sale | $1,800,000 | -- | $327 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI26001043
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Ask me questions while you tour the home.