Rare opportunity to acquire a 20 unit residential income property near the beach in South County. The offering consists of an older home which encompasses a 3 bedroom, 1 bathroom unit and a 2 bedroom, 1 bathroom unit. There are three other buildings built in 1986 which have six 1 bedroom, 1 bathroom units. Extra income is generated by onsite laundry facilities as well as 13 garage spaces which are all rented separately. The garage units consists of two 2-car garages and eleven 1-car garages. There is a common trash area and 12 parking spots. Each of the apartments has it's own gas and electric meter. The property is under professional management and has had a history of high occupancy. The seller states that the garage roof was replaced in 2013, apartment roofs in 2015 and the house roof in 2017. Fencing was updated in 2018 and rain gutters were repaired in 2016.
MLS #
CRPI24254824
MLS Source
California Regional MLS
Garage/Parking
Garage: 13 Car(s)
HOA Fee
$0
Listing Agent
Dennis Allan
Allan Real Estate Investments
License #: 00961923
Phone: –
Co-Listing Agent
John Cole
License #: 01939498
Phone: (805) 473-7500
# Buildings | # Leased Units | # Total Units |
---|---|---|
4 | – | – |
1470 S 13th St is a Residential Income in Oceano, CA 93445. This – square foot property sits on a 32,037 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,710,000 and was built in 1986.
This address can also be written as 1470 S 13th St, Oceano, CA 93445.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of March 14, 2025. For the most current information, please contact Dennis Allan