$400,000
$419,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/31/2018
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Oceano(350)
MLS Listing ID SC18064751
Sold Date 10/31/18
HOA Y/N No
Year Built 1945
Property Description
Price Reduced to Sell. Motivated Seller. Duplex with additional detached studio located in Oceano just off Highway 1. Property is located in close proximity to the Oceano Dunes entrance and downtown Oceano. The property is comprised of a 17,000 square foot lot with 3 residential units. The unit mix consists of a 1,200 sf duplex with a 1 bedroom/ 1 bath and a 2 bedroom/ 1 bath unit. A detached Studio is located behind the duplex. All units are at below market rents which will allow for rent growth over the coming years. Located on South 4th Street, this property is zoned Commercial Service. ALLOWED uses include Warehousing, Mini-Storage, Automotive, RV Storage and more. View SLO County Zoning Matrix for more info.
Property to be sold As-Is, no repairs made by Seller.
Location
State CA
County San Luis Obispo
Area Ocno - Oceano
Zoning CS
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
Total Parking Spaces 3
Private Pool No
Building
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 062291029
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Owner Will Carry, Owner May Carry
Listing Terms Cash, Cash to New Loan, 1031 Exchange, Owner Will Carry, Owner May Carry
Financing Cash
Special Listing Condition Standard
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Bought with Cary Geihs • Geihs Enterprises, Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner