NOT LISTED FOR SALE

349 N Ocean Ave Unit B1 Cayucos, CA 93430

Cayucos Neighborhood

Estimated Value: $1,114,834

1 Bed
1 Bath
704 Sq Ft
706 Sq Ft Lot

Sale Details

Date Sold: April 30, 2024

Last sale price $1,135,000 $1,612 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,536 / mo

3 Days on Market

Highlights

  • Ocean Front
  • Main Floor Primary Bedroom
  • Great Room with Fireplace
  • Fishing
  • End Unit
  • 1 Car Attached Garage

About This Home

As of April 2024

Don't miss out on this very rare opportunity to own an ocean front condo in Cayucos, with a short term vacation rental license. This fantastic 1 bedroom, single level condo made $80,000 in rental income in 2023. This would be an ideal second home, or investment property, where you can rent it out weekly or enjoy the magical feeling of having an ocean front property and feel the sand between your toes, just steps away. The unit also comes fully furnished and is turn-key ready.The vacation rental license is fully transferable and the seller will help with the transition. A VRBO account is already set up as well as contacts for repeat renters. This special property will not last, so don't delay, or it will get away.

Last Agent to Sell the Property

Jim Kelsey CCIM

Century 21 Masters Brokerage Phone: 805-709-4828 License #01354722 Listed on: 04/04/2024

Century 21 Masters

Last Buyer's Agent

Jim Kelsey CCIM

Century 21 Masters Brokerage Phone: 805-709-4828 License #01354722 Listed on: 04/04/2024

Century 21 Masters
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1977

Lot Details

  • Ocean Front
  • End Unit
  • 1 Common Wall

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Parking Lot
  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 704 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Fireplace Features Blower Fan
  • Great Room with Fireplace
  • Laminate Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry in Carport
  • Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1,32
  • Tax Tract Number 482
  • Assessor Parcel Number 064482004

Community Details

Overview

  • Front Yard Maintenance
  • Master Insurance
  • 21 Units
  • Cayucos Beach Condominiums Association, Phone Number (895) 099-5364
  • Sea Lyon Rentals HOA
  • Town Of Cayucos Subdivision
  • Maintained Community

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fishing
  • Dog Park
  • Water Sports
  • Bike Trail

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1977

Lot Details

706 Sq Ft Lot

HOA Fees

$400 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Town of Cayucos(540)
  • View: Yes
  • Zoning: RMF
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 064482004
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 704.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Fireplace Features: Blower Fan, Decorative, Great Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1612.22
  • Room Type: All Bedrooms Down, Great Room, Kitchen, Main Floor Primary Bedroom
  • Bathroom Features: Shower

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Baseboard, Fireplace(s)
  • Laundry Features: Electric Dryer Hookup, In Carport
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Cable TV, Insurance, Maintenance Grounds, Trash, Sewer, Water, Management, Hot Water, Maintenance Front Yard
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Association Name: Cayucos Beach Condominiums
  • Phone: 89509953643
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Fishing, Watersports, Sidewalks, Street Lights
  • Association Management: sea Lyon Rentals

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 704.00
  • Lot Size Acres: 0.0162

Multi Family

  • Lease Considered: No
  • Lot Size Area: 704.0000 Square Feet
  • Number Of Units In Community: 21
  • Number Of Units Total: 21
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Census Tract: 105.04
  • Tax Lot: 1,32
  • Tax Tract Number: 482

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
Apr 4, 2024
Closed on
Apr 24, 2024
Sold by
Bought by
Seller's Agent
Jim Kelsey CCIM
Century 21 Masters
Buyer's Agent
Jim Kelsey CCIM
Century 21 Masters
List Price
$1,150,000
Sold Price
$1,135,000
Premium/Discount to List
-$15,000
-1.3%
Views
28
Current Estimated Value
$1,114,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,166
Avg. Annual Appreciation
-0.79%

Purchase Details

Listed on
Jul 16, 2021
Closed on
Jul 29, 2021
Sold by
Bought by
Seller's Agent
Rodessa Newton
Triad Real Estate Group
Buyer's Agent
Jim Kelsey CCIM
Century 21 Masters
List Price
$865,000
Sold Price
$875,000
Premium/Discount to List
$10,000
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
Original Mortgage
$586,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2021
Closed on
Jul 12, 2021
Sold by
Bought by
Seller's Agent
Rodessa Newton
Triad Real Estate Group
Buyer's Agent
Jim Kelsey CCIM
Century 21 Masters
List Price
$865,000
Sold Price
$875,000
Premium/Discount to List
$10,000
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,135,000 First American Title
$875,000 Placer Title Company
-- --
-- --
$260,000 Chicago Title Co
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 $717,000
Closed $714,500
Previous Owner $586,250
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 Prior Sale
04/30/2024 04/30/24 Sold $1,135,000 -1.3% $1,612 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $1,150,000 +31.4% $1,634 / Sq Ft
08/20/2021 08/20/21 Sold $875,000 +1.2% $1,243 / Sq Ft View Prior Sale
07/20/2021 07/20/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $865,000 -- $1,229 / 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 $12,103 $1,180,854 $988,380 $192,474
2025 $9,657 $1,157,700 $969,000 $188,700
2024 $9,552 $910,350 $728,280 $182,070
2023 $9,552 $892,500 $714,000 $178,500
2022 $9,391 $875,000 $700,000 $175,000
2021 $4,371 $399,002 $299,257 $99,745
2020 $4,324 $394,912 $296,189 $98,723
2019 $4,240 $387,170 $290,382 $96,788
2018 $4,156 $379,580 $284,689 $94,891
2017 $4,073 $372,138 $279,107 $93,031
2016 $3,992 $364,842 $273,635 $91,207
2015 $3,957 $359,362 $269,525 $89,837
2014 $3,819 $352,324 $264,246 $88,078
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI24067415

California Regional Multiple Listing Service (CRMLS)

APN: 064-482-004

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