1960 Beach Street Oceano, CA $ 1,800,000
1960 Beach Street
$ 1,800,000
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1960 Beach Street

Oceano, CA, 93445
$ 1,800,000
Baths1.0 Sq 5,500

Monthly Estimate*

$ 11,083

Listed by Allan Real Estate Investments
1960 Beach Street, Oceano, CA 93445 - Image 1
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Studio

Multi-Family Home for sale in Oceano, CA

for $1,800,000 with 1 full bath. This 5,500 square foot home was built in 1989 on a lot size of 0.3214.

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 income of $147,000 in a convenient, tenant-friendly location.

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Multi-Family Pending

Price

$ 1,800,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3214

Year Built

1989

Town/City

Oceano

County/Region

San Luis Obispo

MLS | Web ID

PI26001043

Days on Market

4

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Possession Close Of Escrow
Appliances Gas Oven Gas Range Refrigerator
HOA Fee 0
Garage Spaces 14
Pool Features None
Security Features Smoke Detector(s)
Year Built 1989
Electric Standard
Tenant Pays Electricity
View None
Stories Count 1
Levels One Two
Property Subtype Apartment
Gross Income 159580
Elevation 10
Community Features Suburban
Accessibility None
Additional Parcels Description 062114021
County San Luis Obispo
Net Operating Income 93625
Operating Expense 65955
Insurance Expense 15602
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Oceano(350)
Garage Y/N true
Special Listing Conditions Standard
Status Pending
Directions South side of Beach Street between 19th and 21st Streets (Behind Central Market)
City Oceano
Entry Location 1
Senior Community Y/N false
Number Of Units Total 10
MLS Area OCNO - Oceano
Lot Size Units Square Feet
Lot Size Square Feet 14000
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Current Financing None
Fuel Expense 0
Trash Expense 2222
Water Sewer Expense 7790
Additional Parcels Y/N true
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Pending
Year Built Source Public Records
Tax Lot 9
Property Sub Type Additional Apartment
Cap Rate 5.2
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Interior
Flooring Carpet
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Garage
Lot Features Rectangular Lot
Water Source Public
Total Parking 14
Lot Size Area 14000
Foundation Details Slab
Number of Buildings 4
Spa false
Building Area Total 5500
Lot Size Acres 0.3214
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 11
Number of Separate Electric Meters 11
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* Excluded Features
List By
Allan Real Estate Investments

Broker

vincent@allanrealestate.com

Email

Affordability Calculator

$11,083
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,083
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2026$1,800,000 Listed Price

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1960 Beach Street, Oceano, CA, 93445 is a Multi-Family Home for sale at $1,800,000 with 5,500 sqft and a lot size of 0.3214. 1960 Beach Street is a studio with 1.0 baths and was built in 1989. The property's zip code is 93445 which is in Oceano, CA