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Cris Epstein

cris.epstein@engelvoelkers.com +1(818) 269-4377

Listed by Narlene R Carter Keenan • Keller Williams Realty Central Coast

$ 1,650,000

Est. payment -/mo

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Pending

385 Mccarthy Avenue Oceano, CA 93445

4,074 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 4,074 sqft

Price per Sqft $405

MLS Listing ID PI-24001255

Year Built 1989

Lot Size 8,280 Sqft

Property Sub-Type Apartment

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.

Location

State CA

County San Luis Obispo

Area Ocno - Oceano

Zoning RMF

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet

Fireplaces Type Living Room

Inclusions Appliances owned by seller

Laundry Common Area, Individual Room

Exterior

Parking Features Garage, Assigned

Garage Spaces 2.0

Pool None

Community Features Biking, Fishing, Park, Street Lights

Utilities Available Sewer Connected, Water Connected, Cable Available, Natural Gas Connected

View Y/N Yes

View Ocean

Building

Lot Description Front Yard, 0-1 Unit/Acre

Sewer Public Sewer

Cris Epstein

Advisor | License ID: 01385089

+1(818) 269-4377

Cris Epstein

385 Mccarthy Avenue Oceano, CA 93445

Key Details

Location

Interior

Exterior

Building

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385 Mccarthy Avenue