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Sold for $2,650,000 on 05/31/24
  • Listing Provided by: 

    Dennis Allan DRE #00961923 805-473-7500,

    Allan Real Estate Investments,

    John Cole DRE #01939498 805-748-1137,

    Allan Real Estate Investments

    Bought with: Venture Real Estate
    $2,650,000

    1580 S 13th St, Oceano, CA 93445

    23beds
    21baths
    8,697sqft
    Multi Family
    Built in 1970
    -- sqft lot
    $2,736,500 Zestimate®
    $305/sqft
    $-- Estimated rent

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    What's special

    Rare opportunity to purchase a large mult-family investment property on the Central Coast. The property has 13 units and consists of an older 3 bed/1 bath home, a 4 plex and an 8 plex. The 4 plex has four 2 bed/2 bath units. The larger 8 plex has four 2 bed/2 bath units and four 1 bed/1 bath units. New windows were installed in the 4 plex and 8 plex in 2023-2024. Other recent improvements are as follows: exterior paint and new roofing (2018). The property has professional management in place. The complex has enjoyed a limited turnover of tenants. There is a common laundry area. The property is well maintained and a turnkey investment.

    Zillow last checked: 8 hours ago

    Listing updated: May 31, 2024 at 11:58am

    Listing Provided by:

    Dennis Allan DRE #00961923 805-473-7500,

    Allan Real Estate Investments,

    John Cole DRE #01939498 805-748-1137,

    Allan Real Estate Investments

    Bought with:

    Anthony Aurignac, DRE #01946262

    Venture Real Estate

    Nicholas Aurignac, DRE #02155891

    Venture Real Estate

    Source: CRMLS,MLS#: PI24086305MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 23
    • Bathrooms: 21
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 8,697
    • Total interior livable area: 8,697 sqft

    Property

    Parking
    • Total spaces: 13
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: front
    • Pool features: None
    Lot
    • Size: 0.46 Acres
    • Features: Street Level
    Details
    • Parcel number: 062271025
    • Zoning: RMF
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Oceano
    • Subdivision: Oceano(350)

    HOA & financial

    Other financial information
    • Total actual rent: 18275

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange