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Berkshire Hathaway HomeServices California Properties

1960 Beach Street, Oceano, CA 93445

$1,800,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Vincent Allan | vincent@allanrealestate.com
Lic#: 01421798
Broker: Courtesy of Allan Real Estate Investments
Phone: 805-473-7500

Co Listing Agent

Dennis Allan | dennis@allanrealestate.com
Lic#: 00961923
Broker: Courtesy of Allan Real Estate Investments

Listing Details

Property type: Apartment (Multi-Family)

Property Sub-Type:

Status: Pending

Listing ID: PI26001043

Price: $1,800,000

Rental Rate: $1,800,000

Lot Size:

HOA Fee is $0.00

None fireplaces

Built in 1989

1 story

0.32 acres

Subdivision: Oceano(350)

County: San Luis Obispo

Appliances: Gas Oven,Gas Range,Refrigerator

Parking description: Garage

Lot description: Rectangular Lot

Heating/cooling: None

Heating description: Wall Furnace

Last Updated: 7/22/2026

Days On Market (DOM): 37

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Lat/Long: 35.098886, -120.610047.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

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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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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