First Team Real Estate Logo

Oceano, CA 93445 1580 S 13th Street

$2,655,000

Pending
1580 S 13Th Street Oceano, Ca - Image 11580 S 13Th Street Oceano, Ca - Image 21580 S 13Th Street Oceano, Ca - Image 3
11 more
1580 S 13Th Street Oceano, Ca - Image 41580 S 13Th Street Oceano, Ca - Image 51580 S 13Th Street Oceano, Ca - Image 61580 S 13Th Street Oceano, Ca - Image 71580 S 13Th Street Oceano, Ca - Image 81580 S 13Th Street Oceano, Ca - Image 91580 S 13Th Street Oceano, Ca - Image 101580 S 13Th Street Oceano, Ca - Image 111580 S 13Th Street Oceano, Ca - Image 121580 S 13Th Street Oceano, Ca - Image 131580 S 13Th Street Oceano, Ca - Image 141580 S 13Th Street Oceano, Ca - Image 15
Presented By: Dennis Allan with Allan Real Estate Investments; dennis@allanrealestate.com
  • MLS# PI24086305
  • 05/02/2024
  • Request Tour
  • Request Info
  • BedBeds • 23
  • BathBaths • 4
  • FootageSQFT • 8,697

Home Details

Rare opportunity to purchase a large mult-family investment property on the Central Coast. The property has 13 units and consists of an older 3 bed/1 bath home, a 4 plex and an 8 plex. The 4 plex has four 2 bed/2 bath units. The larger 8 plex has four 2 bed/2 bath units and four 1 bed/1 bath units. New windows were installed in the 4 plex and 8 plex in 2023-2024. Other recent improvements are as follows: exterior paint and new roofing (2018). The property has professional management in place. The complex has enjoyed a limited turnover of tenants. There is a common laundry area. The property is well maintained and a turnkey investment.
Presented By: Dennis Allan with Allan Real Estate Investments; dennis@allanrealestate.com

Interior Features for 1580 S 13th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level2

General for 1580 S 13th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityOceano
Community FeaturesSuburban
CountySan Luis Obispo
Current FinancingNone
Days on Market5
Directions13th St off Highway 1
Electric Expense4386.0
Entry Locationfront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income220800.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense4386.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet19941.0
MLS AreaOCNO - Oceano
MaintenanceExpense26316.0
MobileHomeRemainsYNNo
Net Operating Income123174.0
New ConstructionNo
Number of Units Leased13
Operating Expense96126.0
Pool FeaturesNone
PossessionCloseOfEscrow, SeeRemarks
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Street Name13th
Subdivision NameOceano(350)
Tax Lot3
Taxes$28,143
Total Actual Rent18275.0
Total Units13
Trash Expense6579.0
View Y/NNo
Water Sewer Expense10965.0
Waterfront Y/NNo
Year Built1970
Year Built SourceAssessor
ZoningRMF

Exterior for 1580 S 13th Street

Building Area Total8697.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.4578
Lot Size Area19941.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings3
Number of Separate Electric Meters14
Number of Separate Gas Meters15
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking13.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,655,000
MLS#PI24086305
List Date 05/02/2024
Property Type Pending
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 1580 S 13th Street

Ask A Question

CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors