1960 Beach St

Oceano, CA 93445

$1,800,000
Price
3
Beds
10
Baths
5,500 Sq. Ft.
$327 / Sq. Ft.
5,500
Sq. Ft.
$327
per Sq. Ft.
Pending
Pending
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an aerial view of a city with lots of residential buildings and ocean view
an aerial view of a city

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...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.
  1. Listed by Vincent Allan • DRE #01421798 • Brokerage DRE #00961923 • Allan Real Estate Investments • 805-459-0339
  2. Listed by Dennis Allan • DRE #00961923 • Brokerage DRE #00961923 • Allan Real Estate Investments

Property Details for 1960 Beach Street

View
None
Parking Spaces Total
14
Private Pool
No
Cooling Type
None
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5500
LISTING UPDATED: 01/18/2026 05:17 AM

Property Details for 1960 Beach Street

StatusPending
MLS #PI26001043
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1989
CountySan Luis Obispo County

Location

Listing Courtesy of Allan Real Estate Investments, Vincent Allan, DRE #01421798; Allan Real Estate Investments, Dennis Allan, DRE #00961923
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Building Information for 1960 Beach Street

Building/Complex1960 Beach StFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1989Building Size-

Payment Calculator

$9,340 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,773

Property Taxes

$567

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1960 Beach Street

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $159,580
  • Gross Scheduled Income: $159,580
  • Net Operating Income: $93,625
  • Number Of Rented Garages: 4
  • Garage Rental Rate: $75
  • Garage Income: $300
  • Laundry Income: $580
  • Cap Rate: 5.2
  • Current Financing: None
Expense Details
  • Operating Expense: $65,955
  • Gardener Expense: $2,728
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $15,602
  • Professional Management Expense: $8,324
  • Trash Expense: $2,222
  • Water Sewer Expense: $7,790
  • Total Expenses: $65,955
Tax / Assessment Info
  • Tax Block: 36
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 9
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Suburban
  • Community: Oceano(350)
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Equipment: Community, Refrigerator
  • Laundry: Yes
  • Laundry Features: Community
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
  • Flooring Type: Carpet
  • Flooring: Carpet
Exterior Features
  • Security Features: Smoke Detector(s)
  • Entry Location: 1
  • Foundation Details: Slab
  • Foundation Details: Slab
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Additional Parcels Description: 062114021
  • Lot Features: Rectangular Lot
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Elevation: 10
  • Levels: One, Two
  • Water: Public
  • Sewer: Public Sewer
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 14
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 14
  • Carport Spaces: 0
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Oceano
  • Builders Tract Code: Oceano(350)
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,950
  • Unit Type Total Rent: $2,950
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $10,050
  • Unit Type Total Rent: $10,050
  • Unit Type Pro Forma: 10050
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 2
  • Number With Range: 10
  • Number With Refrigerator: 9

Property History for 1960 Beach Street

DateEvent & SourcePriceAppreciation
Jan 17, 2026

Pending

CLAW #PI26001043MR

—
Jan 17, 2026

Pending

SDMLS #PI26001043

—
Jan 14, 2026

Listed (Active)

CLAW #PI26001043MR

$1,800,000—
Jan 9, 2026

Pending

CRMLS #PI26001043

—
Jan 8, 2026

Listed (Active)

SDMLS #PI26001043

$1,800,000—
Jan 8, 2026

Listed (Active)

CRMLS #PI26001043

$1,800,000—
DateEvent & SourcePrice
01/17/2026

Pending

CLAW #PI26001043MR

—
01/17/2026

Pending

SDMLS #PI26001043

—
01/14/2026

Listed (Active)

CLAW #PI26001043MR

$1,800,000
01/09/2026

Pending

CRMLS #PI26001043

—
01/08/2026

Listed (Active)

SDMLS #PI26001043

$1,800,000
01/08/2026

Listed (Active)

CRMLS #PI26001043

$1,800,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1960 Beach Street

Taxable ValueLand$234,465Additions$248,887Total$483,352
Tax Record2025$6,808 ($567 / month)
Home Facts
Total Finished SqFt748 SqFtAbove Grade Finished SqFt748 SqFtLot Size7,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningRMFCountySAN LUIS OBISPOAPN062-114-021

Schools near 1960 Beach Street

This home is within Lucia Mar Unified School District.
Rating
School
Type
Grades
Distance
Oceano Elementary School
Public - K to 6
Judkins Middle School
Public - 7 to 8
Arroyo Grande High School
Public - 9 to 12
Lopez Continuation High School
Public - 9 to 12
Rating
School
Distance
Oceano Elementary School
PublicK to 6

Judkins Middle School
Public7 to 8

Arroyo Grande High School
Public9 to 12

Lopez Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Allan Real Estate Investments, Vincent Allan, DRE #01421798; Allan Real Estate Investments, Dennis Allan, DRE #00961923

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.