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.
MLS #
CRPI24001255
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.50
Appliances
Dishwasher, Oven Range - Gas
Cooling
None
Heating
Wall Furnace
Roof
Composition, Shingle
Foundation
Raised
Garage/Parking
Assigned Spaces, Garage, Garage: 2 Car(s)
HOA Fee
$0
Listing Agent
Narlene Carter Keenan
Keller Williams Realty Central Coast
License #: 00976857
Phone: (805) 773-7711
Co-Listing Agent
Dick Keenan
License #: 00860187
Phone: (805) 773-7711
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 3 | – |
385 Mccarthy Ave is a Residential Income in Oceano, CA 93445. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1989.
This address can also be written as 385 Mccarthy Ave, Oceano, CA 93445.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of April 18, 2024. For the most current information, please contact Narlene Carter Keenan, (805) 773-7711