J
Seller's Agent in 2021
James LaMarca
Mid Coast Realty
360 Pier Ave Oceano, CA 93445
Oceano Neighborhood
6
Beds
9
Baths
3,500
Sq Ft
5,520
Sq Ft Lot
Highlights
- No HOA
- Bungalow
- Heating System Uses Natural Gas
- Arroyo Grande High School Rated A-
- Bike Trail
- 3-minute walk to Pismo State Beach
About This Home
As of March 2021Great Investment Opportunity with upside potential. This well-maintained 9-unit Apartment Building is located at 356 & 360 Pier Ave. in Oceano Beach California in San Luis Obispo County. It has an excellent tenant history and professionally managed is now offered for sale. These 9 units consist of 2 buildings, is located at the entrance to the Oceano Dunes State Recreation Area. The property holds a current motel license. Check San Luis Obispo for monthly vacation rentals. Good upside opportunity.
Last Agent to Sell the Property
James LaMarca
Mid Coast Realty License #01171083 Listed on: 01/08/2021
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 5,520 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- 3,500 Sq Ft Home
- Bungalow
- Apartment
- Flat Roof Shape
Bedrooms and Bathrooms
- 6 Bedrooms
- 9 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 9 Units
- Oceano Subdivision
Recreation
- Bike Trail
Building Details
- 9 Leased Units
- Electric Expense $5,264
- Fuel Expense $2,851
- Insurance Expense $2,480
- Professional Management Expense $5,000
- Trash Expense $820
- Water Sewer Expense $2,323
- Operating Expense $38,860
- Gross Income $62,274
- Net Operating Income $62,274
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
Jan 8, 2021
Closed on
Feb 16, 2021
Sold by
Bought by
Seller's Agent
James LaMarca
Mid Coast Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,775,000
Sold Price
$1,300,000
Premium/Discount to List
-$475,000
-26.76%
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,300,000 | Fidelity National Title Co |
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 |
|---|---|---|---|---|
| 03/01/2021 03/01/21 | Sold | $1,300,000 | -26.8% | $371 / Sq Ft |
| 01/12/2021 01/12/21 | Pending | -- | -- | -- |
| 01/08/2021 01/08/21 | For Sale | $1,775,000 | -- | $507 / 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 | $11,719 | $865,944 | $432,972 | $432,972 |
| 2024 | $11,616 | $848,966 | $424,483 | $424,483 |
| 2023 | $11,616 | $832,320 | $416,160 | $416,160 |
| 2022 | $11,482 | $816,000 | $408,000 | $408,000 |
| 2021 | $3,979 | $111,971 | $46,936 | $65,035 |
| 2020 | $3,965 | $110,824 | $46,455 | $64,369 |
| 2019 | $3,957 | $108,652 | $45,545 | $63,107 |
| 2018 | $3,731 | $106,522 | $44,652 | $61,870 |
| 2017 | $3,499 | $104,434 | $43,777 | $60,657 |
| 2016 | $3,223 | $102,387 | $42,919 | $59,468 |
| 2015 | $1,090 | $100,850 | $42,275 | $58,575 |
| 2014 | $1,050 | $98,875 | $41,447 | $57,428 |
Source: Public Records
Agents Affiliated with this Home
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-
G
Buyer's Agent in 2021
General NONMEMBER
NONMEMBER MRML
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI20190823
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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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