Oceano, CA 93445,385 Mccarthy AVE
Oceano, CA 93445,385 Mccarthy AVE
Oceano, CA 93445,385 Mccarthy AVE
52
$1,490,723
$1,650,000
9.7%
Est.Price: ?

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4,074 SqFt

385 Mccarthy AVE Oceano, CA 93445

Est. payment /mo
SOLD DATE : 04/18/2024

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Key Details

Sold Price $1,490,723

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 4,074 sqft

Price per Sqft $365

Subdivision Oceano(350)

MLS Listing ID PI24001255

Sold Date 04/18/24

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1989

Lot Size 8,280 Sqft

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

Rooms

Ensuite Laundry Common Area, Laundry Room

Interior

Interior Features Main Level Primary

Laundry Location Common Area,Laundry Room

Heating Wall Furnace

Cooling None

Flooring Carpet

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Gas Range

Laundry Common Area, Laundry Room

Exterior

Garage Assigned, Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool None

Community Features Biking, Fishing, Park, Street Lights

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

View Y/N Yes

View Ocean

Roof Type Composition,Shingle

Parking Type Assigned, Garage

Total Parking Spaces 8

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Front Yard

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 061012043

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 230.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Narlene Carter Keenan • Keller Williams Realty Central Coast • 805-801-9032
Bought with General NONMEMBER • NONMEMBER MRML

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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