Pending

1960 Beach Street

Oceano, CA 93445

$1,800,000 $7,588/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

5,500

Sqft

14,000

Sqft(Lot)

Description

Tucked in the heart of Oceano just behind Central Market and roughly a mile from the beach, this 10-unit multifamily opportunity is comprised of four buildings across two separate lots (14,000 SF total). Each lot features a 2BD/1BA detached home with its own single-car garage and in-home laundry hookups, plus a rear apartment-over-garage units offering eight additional units total (four per side) above garage rows, with additional garages rented separately for extra income. Property operations are streamlined with separately metered units, owner-paid water/trash, plus house meters for common-area lights and two on-site coin-operated laundry rooms. Gas cooking and gas wall heaters, refrigerators provided, and a clean, practical unit mix make this a compelling coastal asset with 2025 gross i ncome of $147,000 in a convenient, tenant-friendly location.

Property Details

Property Type : Residential Income

Price : $1,800,000

AD Id : 72843948

MLS Id : PI26001043

Lot Size : 14,000 Sqft

Living Area Size : 5,500

Year Built : 1989

Garage : 14

County : San Luis Obispo

Subdivision: Fallbrook

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Property Appliances: Gas Oven,Gas Range,Refrigerator Fireplace: None Flooring: Carpet
Cooling Features

None Air Conditioning

Heating Source

Wall Furnace Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1989 Building Area Total: 5,500
Foundation

Slab

Security Features

Smoke Detector(s)
Accessibility Features

None

Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.3214
Lot Size Source: Assessor Lot Size Square Feet: 14000

Listing Price Information

Original List Price: 1,800,000 Listing Contract Date: 2026-01-08
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 062114018

Garage and Parking

Garage Description: Garage

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity

Other Property Info

Source Listing Status: Pending Source Neighborhood: OCNO - Oceano Directions: South side of Beach Street, between 19th and 21st Streets (Behind Central Market) Source Property Type: Residential Income Area: OCNO - Oceano Property SubType: Apartment
Building and Construction

Property Age: 37 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: One,Two Building Total Stories: 1

Sell a home like this and save $107,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/04/2026 @ 12:12

MLS: PI26001043 LISTED BY: Vincent Allan, Allan Real Estate Investments 805-473-7500 SOURCE: CRMLS