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1111 N Strand Way, Oceano, CA 93445

$2,500,000

  • For Sale
  • Active
  • Multi-Family
1111 N Strand Way, Oceano, CA 93445 View this property at 1111 N Strand Way, Oceano, CA 93445
1111 N Strand Way Oceano CA 93445

Property Description

Marketing Remarks: $20,000 Bonus for Accepted Offer before Christmas...for Your Presents! Can you find 3 Beachfronts Units? Beachfront...LOCATION....LOCATION....LOCATION! $551 Per Square Foot for BEACHFRONT...NEW CONSTRUCTION completed in 2016. Assume loan of $1,440,000 at 6.99% with 1 point and qualify, Buyer to Assume Loan otherwise PREPAYMENT Penalty of $43,500 added to price. $10,694 PER MONTH INCLUDES $1,300 PRINCIPAL REDUCTION. Solar ($50,000 PAID for and included), On Demand Hot Water, Ductless Heating, built to LEED specifications, Passive Solar Design, 18 foot high ceilings, 2 x 6 fully insulated and sound proofed walls, and more! Commercial Zoning. $600 all utilities (EMAIL for Income/Expenses since completed March of
2016). Solar Paid For $45,000. 3 Units: MY PERSONAL USE (FREE BECAUSE I CAN)/Unit A 1,638 sq ft; $3,450/Unit B 1,820 sq ft; $2,000/Unit C 462 sq ft. Furnishings and appliances to be INCLUDED. Include Nonrefundable deposit in No Contingency Offer. Email for Income/Expenses. Leases. etc. $500,000 CASH Down and Seller/Assumption financing on balance. WILL consider all trades or exchanges!

Full Property Details for 1111 N Strand Way

  • Price: $2,500,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: SC17216318
  • Updated: 11/27/2017
  • Added: 83 day(s) ago

Property History

  • 1111 N Strand Way, Oceano, CA
  • Increased to $2,500,000 on 11/27/17
  • Reduced to $2,160,000 on 11/22/17
  • Reduced to $2,500,000 on 11/17/17
  • Increased to $2,750,000 on 11/9/17
  • Reduced to $2,250,000 on 11/7/17
  • Increased to $2,750,000 on 11/2/17
  • Increased to $2,500,000 on 10/14/17
  • Reduced to $2,220,000 on 10/11/17
  • Reduced to $2,300,000 on 10/10/17
  • Reduced to $2,360,000 on 10/8/17
  • Reduced to $2,500,000 on 10/6/17
  • Increased to $2,750,000 on 9/26/17
  • Reduced to $2,375,000 on 9/25/17
  • Listed at $2,500,000 on 9/19/17

Rooms

Other Rooms

  • Laundry: Dryer Included, Washer Included

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 4

Location

  • Area: OCNO - Oceano
  • County: San Luis Obispo
  • Development Name: OCNO - Oceano
  • Driving Directions: Pier Ave. west to Strand Way, behind Arneys ATV and Beach Burger

Heating & Cooling

  • Heating Type: Solar, See Remarks

Utilities

  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 1
  • # Electric Meters: 1

Structural Information

  • Roof: See Remarks
  • Square Feet: 3,920
  • Year Built: 2016

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Lot Size (Sq. Ft.): 5,980
  • Lot Size Source: Seller
  • Zoning: COMR
  • Lot Description: Paved

Financial Considerations

  • Price Per Sq. Ft.: $637.76

Listed by John Madrid, Broker, John Madrid

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Estimate the Cost

1111 N Strand Way will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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In the Community

Nearby Schools

1111 N Strand Way, Oceano, CA 93445 (MLS# SC17216318) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1111 N Strand Way is currently listed for $2,500,000 and was received on September 19, 2017. Want to learn more about 1111 N Strand Way? Do you have questions about finding other Multi-Family real estate for sale in Oceano? You can browse all Oceano real estate or contact a Coldwell Banker agent to request more information.

Listed by John Madrid, Broker, John Madrid