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.
AGENT: Vincent Allan LISTING BROKERAGE: Allan Real Estate Investments
Courtesy of Allan Real Estate Investments. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1960 Beach ST
Oceano, CA
Property Details
Price:
$1,800,000
MLS #:
PI26001043
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Oceano350
Neighborhood:
ocnooceano
Listed Date:
Apr 15, 2026
Total Sq Ft:
5,500
Lot Size:
14,000 sqft / 0.32 acres (approx)
Year Built:
1989
Ocno – OceanoOcnooceanoOceano350None
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Schools
Interior
Appliances
RF, GO, GR
Cooling
NO
Flooring
CARP
Heating
WL
Laundry Features
CM
Levels
A, U
Exterior
Accessibility Features
NO
Common Walls
_2CW
Community Features
SUB
Garage Spaces
14
Parking Spots
14
Parking Total
14
Security Features
SD
Spa Features
NO
View
NO
Financial
Net Operating Income
$93,625
Map
Community
- Address1960 Beach ST Oceano CA
- SubdivisionOceano(350)
- CityOceano
- CountySan Luis Obispo
- Zip Code93445
