1111 Strand Way, Oceano, CA 93445

$2,995,000

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List Price
$2,995,000
Status
ACTIVE
MLS#
PI26194623
Year Built
2016
Lot Size
5,980
Acres
0.14
Lot Location
Lawn, Landscaped, Level, Rectangular Lot, Value In Land, Yard
Days on Market
1
Property Type
Multifamily
Style
Contemporary, Custom
Property Sub Type
Triplex
Stories
Two Levels
Neighborhood
Oceano(350)

Property Description

A 2016-built oceanfront triplex on Oceano's most coveted street -- Wake up to whitewater. 1111 Strand Way is a rare, purpose-built 2016 triplex on the ocean side of Highway 1 in Oceano — the block where morning light comes in off the Pacific and the dunes roll straight to your balcony rail. Newer-construction multi-family assets with direct Pacific views, CR (Coastal Residential) zoning, and an operating short-term rental history almost never come to market on the Central Coast. Unit mix: Two 2BR / 2BA townhome-style residences with private 2-car garages, and a 1BR / 1BA retreat — all three fully furnished and separately metered for gas and electric. LVP flooring throughout, gas fireplaces, tankless water heaters, ENERGY STAR systems, wall-to-wall windows, high ceilings, and private balconies off every unit. Owned rooftop solar keeps operating costs low and guest reviews high. Flex play: Continue as a professionally managed vacation compound (short-term income history in supplements), convert to long-term coastal rentals, or owner-occupy one unit and let the other two service the debt. Turnkey, furnished, solar-owned — with the same view the single-family homes on this street pay $4M+. Location: Strand Way is the most desirable street in Oceano. Steps to the sand, minutes to Pismo Beach, and a short drive to San Luis Obispo, the SLO airport, and the wine country.

Additional Information

Appliances
Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Oven, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Heater
Pool Description
None
Fireplace Description
Gas
Heat
Electric, Fireplace(s), Zoned
Cooling
Yes
Cooling Description
Electric, ENERGY STAR Qualified Equipment, Zoned
View
Ocean
Exterior Construction
Block, Cement Siding, Glass, Concrete, Stucco, Steel
Roof
Membrane, Synthetic
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Furnished, High Ceilings, Open Floorplan, Storage, Two Story Ceilings, Wired for Sound, Bedroom on Main Level, Loft, Main Level Primary, Walk-In Closet(s)
Attached Structure
Attached
Number Of Units Total
3

Listing courtesy of Listing Agent: Abel Contreras (abel@investslo.com) from Listing Office: Invest SLO.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.