Welcome to an exceptional investment opportunity just steps away

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Apartment Off Market

385 Mccarthy Avenue

Oceano, California 93445

San Luis Obispo County Ocean View: Yes

Community: Oceano(35)

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$1,650,000 5 br, 4.0 bath 4074 sq. ft. 0.190 acres

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.

Interior:
  • Bedrooms: 5
  • Baths: 4.0
  • Sq Ft: 4074
  • Year Built: 1989
  • Utilities: 
  • Fireplaces: 
  • Stories: 1.0
  • Heat/AC: Central Furnace
  • Garage: 
Exterior:
  • Lot Size: 0.190 acre
  • Lot Dimensions: 
  • View Types: Ocean
  • Yard: 
  • Siding: Wood Siding
  • Roof: Composition Shingle
  • MLS #: PI24001255
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Contact Information:
Beach Apartment Off Market in Oceano, California
Ad Number: 4482951
Viewed 41 times.
Updated: Feb 21, 2024

This property is a Apartment located at 385 Mccarthy Avenue, Oceano, California 93445, and is currently Off Market at $1,650,000. This Apartment has 5 bedrooms, 4.0 baths, 4074 sq ft.

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