1111 Strand Way Oceano, CA $ 2,995,000
1111 Strand Way
$ 2,995,000
New Construction
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1111 Strand Way

Oceano, CA, 93445
$ 2,995,000
Bedrooms-- Baths1.0 Sq 3,869

Monthly Estimate*

$ 20,686

Listed by Abel Contreras, Invest SLO, abel@investslo.com
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Multi-Family Home for sale in Oceano, CA

for $2,995,000 with 1 full bath. This 3,869 square foot home was built in 2016 on a lot size of 0.1373.

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.

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Multi-Family Contingent

Price

$ 2,995,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1373

Year Built

2016

Town/City

Oceano

County/Region

San Luis Obispo

MLS | Web ID

PI26194623

Days on Market

40

Features
General
Sewer Public Sewer
Heating Electric Fireplace(s) Zoned
Cooling Electric ENERGY STAR Qualified Equipment Zoned
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Membrane Synthetic
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
Zoning CR
HOA Fee 0
Garage Spaces 4
Architectural Style Contemporary Custom
Pool Features None
Security Features Security Lights
Construction Materials Block Cement Siding Glass Concrete Stucco Steel
Year Built 2016
Electric Standard
View Ocean
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 0
Waterfront Features Across the Road Water Frontage Beach Access Beach Front Ocean Access Ocean Front Ocean Side Of Freeway Ocean Side Of Highway
Community Features Preserve/Public Land
Accessibility Parking Accessible Doors
County San Luis Obispo
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction true
Property Type Residential Income
HOA false
Energy Efficient Construction Windows Appliances Water Heater
Subdivision Name Oceano(350)
Garage Y/N true
Green Energy Generation Solar
Special Listing Conditions Standard
Status Active Under Contract
Directions Head northwest on Price St toward Ocean View Ave turn left on Ocean View Ave turn left onto CA-1 S/Dolliver St turn right onto Pier Ave turn right onto Strand Way the destination will be on the right.
City Oceano
Disclosures Coastal Zone
Entry Location Front Door
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 3
MLS Area OCNO - Oceano
Lot Size Units Square Feet
Lot Size Square Feet 5980
Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional Contract 1031 Exchange Owner May Carry Submit
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Current Financing Conventional
Property Condition Updated/Remodeled Turnkey
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 27
Property Sub Type Additional Triplex
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Interior
Interior Amenities Furnished High Ceilings Open Floorplan Storage Two Story Ceilings Wired for Sound Bedroom on Main Level Loft Main Level Primary Walk-In Closet(s)
Flooring Laminate Vinyl
Fireplace Features Gas
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows ENERGY STAR Qualified Windows
Fireplace Y/N true
Laundry Features Inside
Entry Level 1
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Exterior
Exterior Amenities Awning(s) Lighting Rain Gutters
Fencing None
Parking Features Asphalt Door-Multi Direct Access Driveway Garage Garage Door Opener Oversized Paved Private Garage Faces Side
Lot Features Lawn Landscaped Level Rectangular Lot Value In Land Yard
Water Source Public
Total Parking 8
Lot Size Area 5980
Foundation Details Slab
Number of Buildings 1
Spa false
Building Area Total 3869
Lot Size Acres 0.1373
Private Pool false
Lot Size Source Assessor
Door Features ENERGY STAR Qualified Doors Sliding Doors
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Abel Contreras

Listing Agent

Invest Slo

Broker

abel@investslo.com

Email

Affordability Calculator

$20,686
Per Month
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Monthly Principal & Interest
$20,686
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% 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
9/4/2026$2,995,000 Listed Price

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1111 Strand Way, Oceano, CA, 93445 is a Multi-Family Home for sale at $2,995,000 with 3,869 sqft and a lot size of 0.1373. 1111 Strand Way has 1.0 baths and was built in 2016. The property's zip code is 93445 which is in Oceano, CA