Oceano, CA 93445,385 Mccarthy Avenue
Oceano, CA 93445,385 Mccarthy Avenue
Oceano, CA 93445,385 Mccarthy Avenue
Oceano, CA 93445,385 Mccarthy Avenue
Oceano, CA 93445,385 Mccarthy Avenue
Oceano, CA 93445,385 Mccarthy Avenue
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$1,490,723

$1,650,000

9.7%
Est.Price: ?

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Est. payment /mo

5 Beds

4 Baths

8,280 Sqft Lot


SOLD DATE : 04/18/2024

Key Details

Sold Price $1,490,723

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PI24001255

Sold Date 04/18/24

Bedrooms 5

HOA Y/N No

Lot Size 8,280 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Welcome to an exceptional investment opportunity just steps away from the "drive on" Pismo Coast State Beach. This unique 5-plex property, comprised of a 2 bedroom 1 bath house and a fourplex, presents an ideal chance for both a residence and income generation. Positioned within a stone's throw of the beach entrance, the small older home is a accompanied by a 4 plex providing diverse options for both tenants and potential rental income. The fourplex consist of two well-appointed 1-bedroom, 1-bathroom apartments and two larger 2-bedroom, 2-bathroom units. Each unit is designed for functionality and comfort, offering a versatile opportunity to cater to different tenant needs. A detached 2 car garage is situated behind the house with alley access and the fourplex has a roof top deck with Ocean Views. Each apartment has a fully equipped kitchen and a fireplace. The apartment building has 6 parking spaces and a laundry room with coin operated washer and dryer. The layout of this property sets the stage for an astute investment strategy, allowing an owner to reside in the main house while leasing out the separate units. Alternatively, one can choose to rent out the entire complex for a robust investment return in this highly sought-after coastal locale.
Welcome to an exceptional investment opportunity just steps away from the "drive on" Pismo Coast State Beach. This unique 5-plex property, comprised of a 2 bedroom 1 bath house and a fourplex, presents an ideal chance for both a residence and income generation. Positioned within a stone's throw of the beach entrance, the small older home is a accompanied by a 4 plex providing diverse options for both tenants and potential rental income. The fourplex consist of two well-appointed 1-bedroom, 1-bathroom apartments and two larger 2-bedroom, 2-bathroom units. Each unit is designed for functionality and comfort, offering a versatile opportunity to cater to different tenant needs. A detached 2 car garage is situated behind the house with alley access and the fourplex has a roof top deck with Ocean Views. Each apartment has a fully equipped kitchen and a fireplace. The apartment building has 6 parking spaces and a laundry room with coin operated washer and dryer. The layout of this property sets the stage for an astute investment strategy, allowing an owner to reside in the main house while leasing out the separate units. Alternatively, one can choose to rent out the entire complex for a robust investment return in this highly sought-after coastal locale.

Location

State CA

County San Luis Obispo

Area Oceano (93445)

Zoning Assessor

Exterior

Exterior Feature Wood

Parking Features Unit1:Assigned

Roof Type Composition

Building

Story 1

Lot Size Range 7500-10889 SF

Others

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Narlene Carter Keenan • Keller Williams Realty Central Coast
Bought with General NONMEMBER • NONMEMBER MRML

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