Property Detail

Description

Tucked in the heart of Oceano just behind Central Market and roughly a mile from the beach, this 10-unit multifamily opportunity is comprised of four buildings across two separate lots (14,000 SF total). Each lot features a 2BD/1BA detached home with its own single-car garage and in-home laundry hookups, plus a rear apartment-over-garage units offering eight additional units total (four per side) above garage rows, with additional garages rented separately for extra income. Property operations are streamlined with separately metered units, owner-paid water/trash, plus house meters for common-area lights and two on-site coin-operated laundry rooms. Gas cooking and gas wall heaters, refrigerators provided, and a clean, practical unit mix make this a compelling coastal asset with 2025 gross income of $147,000 in a convenient, tenant-friendly location.