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$3,250,000   Price Analysis
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1111 Strand Way
Oceano, CA 93445
5 bed 5 bath 3,869 SqFt ($840/SqFt)
5,980SqFt lot. Built 2016
Listed 2024-01-22, Taxes $26,291
Ⓧ USDA Ineligible
due to price & location

near Oceano

Welcome to 1111 Strand Way a OCEANFRONT TRIPLEX with STUNNING views of the white water Pacific Ocean and the dunes.

This property offers the opportunity for both a long-term or short-term rental/AIR BNB. This property boasts three distinct units, two of the units feature a comfortable layout with 2 bedrooms, 2 bathrooms and a sizeable 2-car garage, while the third unit of fers a cozy arrangement with 1 bedroom and 1 bathroom. Each unit is thoughtfully updated, with grey LVP flooring throughout, light fixtures and fans in every room.

Natural light floods the home, thanks to numerous windows that contribute to its bright and airy ambiance. Step out onto the balconies and enjoy the breathtaking views of th ocean and the dunes, providing a perfect setting for relaxation, entertaining guests or simply enjoying the beauty of the surroundings. With its prime beachfront location, contemporary features and flexibility of usage, this triplex is a rare gem that combines coastal living with modern comforts. Inquire now to OWN THIS ONCE IN A LIFETIME LEGACY OCEAN FRONT ASSET.


Presented by Abel Contreras at
Invest SLO.
Listing Agent Photo

Property MLS #PI24002299 from CRMLS

Bedrooms: 5

Furnished
High Ceilings
Open Floorplan
Storage
Two Story Ceilings
Wired for Sound
Door Features: ENERGY STAR Qualified Doors, Sliding Doors
Flooring: Laminate, Vinyl
Window Features: Double Pane Windows, ENERGY STAR Qualified Windows

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
Appliances YN: Yes
Laundry Features: Inside

Entry, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Multi-Level Bedroom, Walk-In Closet

Cooling Features: Electric, ENERGY STAR Qualified Equipment, Zoned
Fireplace Features: Gas
Heating Features: Electric, Fireplace(s), Zoned
Heating: Yes

Full Bathrooms: 5

Awning(s)
Lighting
Rain Gutters
Road Surface Type: Paved

Beach Access
Beach Front
Ocean Access
Ocean Front
Ocean Side of Freeway
Ocean Side Of Highway 1
Waterfront With Home Across Road

Lot Description: Landscaped, Lawn, Rectangular Lot, Level, Value In Land, Yard
Lot Size Acres: 0.1372819
Lot Size Source: Assessor
Lot Size Square Feet: 5980

Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Direct Garage Access, Driveway, Asphalt, Paved, Garage, Garage Faces Side, Garage - Two Door, Garage Door Opener, Oversized, Private
Parking Total: 8

View: Dunes, Ocean, White Water
Green Energy Generation: Solar

Number of Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Unit-2 Garage Spaces: 2
Unit-3 Garage Spaces: 2

Calculated Total Monthly Association Fees: 0
Maintenance Expense: 6993.00

Community Features: Preserve/Public Land

Source Listing Status: Active
County: San Luis Obispo
Source Property Type: Residential Income
Insurance Expense: 350.00
Area: OCNO - Oceano
Source Neighborhood: OCNO - Oceano
New Taxes Expense: 39375.00
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 061011049
Pest Control Expense: 630.00
Postal Code Plus 4: 9706
Trash Expense: 1524.00
Zoning: CR
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,379,550 + $994,500
$2,374,050
$26,291
2021$1,352,500 + $975,000
$2,327,500
$25,323
2020$1,280,000 + $900,000
$2,180,000
$23,690
2019$992,229 + $257,278
$1,249,507
$13,750
2018$972,774 + $252,234
$1,225,008
$13,586

Price Changed 2024-07-18
$3,250,000
CRMLS
Listed 2024-01-22
$3,499,000
CRMLS
Sold 2020-07-09
$2,327,500
CRMLS
Sold 2019-07-10
$2,180,000
CRMLS
Listing removed 2018-12-11
$0
CRMLS
Listing removed 2018-10-26
$0
CRMLS
Listed 2018-10-25
$2,500,000
CRMLS
Price Changed 2018-08-15
$2,500,000
CRMLS
Price Changed 2018-08-11
$2,100,000
CRMLS
Price Changed 2018-08-01
$2,500,000
CRMLS
Price Changed 2018-07-26
$2,195,000
CRMLS
Price Changed 2018-05-31
$2,500,000
CRMLS
Price Changed 2018-05-19
$2,175,000
CRMLS
Price Changed 2018-05-03
$2,500,000
CRMLS
Price Changed 2018-05-02
$2,150,000
CRMLS
Price Changed 2018-03-26
$2,300,000
CRMLS
Price Changed 2018-03-24
$2,350,000
CRMLS
Price Changed 2018-02-15
$2,750,000
CRMLS
Price Changed 2018-02-06
$2,300,000
CRMLS
Price Changed 2018-01-09
$2,750,000
CRMLS
Price Changed 2017-11-27
$2,500,000
CRMLS
Price Changed 2017-11-22
$2,160,000
CRMLS
Price Changed 2017-11-17
$2,500,000
CRMLS
Price Changed 2017-11-09
$2,750,000
CRMLS
Price Changed 2017-11-07
$2,250,000
CRMLS
Price Changed 2017-11-02
$0
CRMLS
Price Changed 2017-10-14
$2,500,000
CRMLS
Price Changed 2017-10-11
$2,220,000
CRMLS
Price Changed 2017-10-10
$2,300,000
CRMLS
Price Changed 2017-10-08
$2,360,000
CRMLS
Price Changed 2017-10-06
$2,500,000
CRMLS
Relisted 2017-09-26
$2,750,000
CRMLS
Listing removed 2017-09-20
$2,500,000
CRMLS
Listing removed 2017-09-20
$2,900,000
CRMLS
Listed 2017-09-19
$2,500,000
CRMLS
Price Changed 2017-06-21
$2,900,000
CRMLS
Price Changed 2017-06-15
$2,750,000
CRMLS
Price Changed 2017-06-06
$2,200,000
CRMLS
Price Changed 2017-06-05
$2,221,500
CRMLS
Price Changed 2017-06-02
$2,224,999
CRMLS
Price Changed 2017-05-31
$2,225,000
CRMLS
Price Changed 2017-05-21
$2,265,000
CRMLS
Price Changed 2017-05-20
$2,300,000
CRMLS
Price Changed 2017-05-18
$2,335,000
CRMLS
Price Changed 2017-05-12
$2,600,000
CRMLS
Price Changed 2017-05-05
$2,385,000
CRMLS
Price Changed 2017-05-04
$2,600,000
CRMLS
Price Changed 2017-04-21
$2,465,000
CRMLS
Listing removed 2017-03-24
$2,750,000
CentralCoast
Price Changed 2017-02-07
$2,750,000
CentralCoast
Price Changed 2017-02-06
$2,442,000
CentralCoast
Price Changed 2017-02-02
$2,460,000
CentralCoast
Price Changed 2017-01-29
$2,465,000
CentralCoast
Price Changed 2017-01-25
$2,475,000
CentralCoast
Price Changed 2017-01-24
$2,600,000
CentralCoast
Price Changed 2017-01-23
$2,599,999
CentralCoast
Price Changed 2017-01-19
$2,600,000
CentralCoast
Price Changed 2017-01-17
$2,495,000
CentralCoast
Price Changed 2017-01-15
$2,520,000
CentralCoast
Price Changed 2017-01-10
$2,570,000
CentralCoast
Price Changed 2016-12-09
$2,750,000
CentralCoast
Price Changed 2016-11-30
$2,487,000
CentralCoast
Price Changed 2016-11-16
$2,750,000
CentralCoast
Price Changed 2016-11-07
$2,600,000
CentralCoast
Listing removed 2016-11-02
$2,600,000
TheMLSCLAW
Listed 2016-11-01
$2,750,000
CRMLS
Listed 2016-11-01
$2,750,000
CentralCoast
Listing removed 2016-09-01
$2,750,000
CentralCoast
Listed 2016-09-01
$2,600,000
TheMLSCLAW
Price Changed 2016-08-28
$2,750,000
CentralCoast
Price Changed 2016-08-22
$2,490,000
CentralCoast
Price Changed 2016-08-17
$2,585,000
CentralCoast
Listed 2016-08-06
$2,750,000
CentralCoast
Listing removed 2016-06-14
$2,245,000
CentralCoast
Listed 2016-06-09
$2,245,000
CentralCoast
Listing removed 2016-05-27
$2,350,000
CentralCoast
Price Changed 2016-05-20
$2,350,000
CentralCoast
Price Changed 2016-05-19
$2,700,000
CentralCoast
Price Changed 2016-04-09
$2,750,000
CentralCoast
Price Changed 2016-04-07
$2,360,000
CentralCoast
Price Changed 2016-03-26
$2,500,000
CentralCoast
Price Changed 2016-03-07
$2,900,000
CentralCoast
Price Changed 2016-03-06
$2,300,000
CentralCoast
Price Changed 2016-03-04
$2,400,000
CentralCoast
Price Changed 2016-02-22
$2,500,000
CentralCoast
Listed 2016-02-11
$2,600,000
CentralCoast
Listing removed 2015-11-07
$2,900,000
CentralCoast
Listing removed 2015-11-07
$2,900,000
CentralCoast
Price Changed 2015-10-27
$2,900,000
CentralCoast
Price Changed 2015-10-27
$2,900,000
CentralCoast
Price Changed 2015-10-18
$2,499,999
CentralCoast
Price Changed 2015-10-18
$2,499,999
CentralCoast
Price Changed 2015-10-06
$2,500,000
CentralCoast
Price Changed 2015-10-06
$2,500,000
CentralCoast
Price Changed 2015-07-14
$2,900,000
CentralCoast
Price Changed 2015-07-14
$2,900,000
CentralCoast
Price Changed 2015-07-10
$2,500,000
CentralCoast
Price Changed 2015-07-10
$2,500,000
CentralCoast
Price Changed 2015-05-14
$2,900,000
CentralCoast
Price Changed 2015-05-14
$2,900,000
CentralCoast
Price Changed 2015-04-16
$2,400,000
CentralCoast
Price Changed 2015-04-16
$2,400,000
CentralCoast
Price Changed 2015-02-17
$2,900,000
CentralCoast
Listed 2015-02-17
$2,900,000
CentralCoast
Price Changed 2015-02-07
$1,350,000
CentralCoast
Price Changed 2015-01-26
$760,000
CentralCoast
Price Changed 2015-01-21
$859,000
CentralCoast
Listing removed 2014-12-04
$923,000
CRMLS
Price Changed 2014-12-03
$1,348,480
CentralCoast
Price Changed 2014-11-07
$923,000
CentralCoast
Price Changed 2014-10-29
$1,390,000
CentralCoast
Price Changed 2014-10-19
$1,080,000
CentralCoast
Price Changed 2014-09-09
$1,390,000
CentralCoast
Price Changed 2014-07-16
$1,160,000
CentralCoast
Price Changed 2014-06-25
$3,300,000
CentralCoast
Price Changed 2014-06-04
$1,390,000
CentralCoast
Listed 2014-05-19
$923,000
CRMLS
Listed 2014-05-19
$2,300,000
CentralCoast

Net Operating Income: 120677.00

Total Square Feet Living: 3869
Year Built: 2016
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Block, Cement Siding, Concrete, Glass, Steel, Stucco
Entry Level: 1
Entry Location: Front Door
Foundation Details: Slab
Property Age: 8
Property Attached: Yes
Property Condition: Turnkey, Updated/Remodeled
Roof: Membrane, Synthetic
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Triplex
House Style: Contemporary, Custom Built
Year Built Source: Public Records

Electric: Standard
Electric Expense: 2302.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 6960.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public

Doors - Swing In
Parking

Oceano Elementary School is a public elementary school located approximately 1 miles away.
directions icon Map directions

Judkins Middle School is a public middle school located approximately 2.8 miles away.
directions icon Map directions

Arroyo Grande High School is a public middle and high school located approximately 2.9 miles away.
directions icon Map directions

Dandy Lion Montessori School is a private elementary school located approximately 0.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.