2150-2152 Paso Robles Street

Oceano, CA 93445

$550,000
Last Sold Price
5
Beds
4
Baths
1,450 Sq. Ft.
$379 / Sq. Ft.
1,450
Sq. Ft.
$379
per Sq. Ft.

Description

2 separate houses, each with its own entrance from different streets and separately enclosed yards...all on a large 7,000’ lot! Each home is separately metered for all utilities (water, gas and electric). This is a solid Investment - A rare find at this incredible price. Located in a growing beach community, the rentals bring in a combined monthly income of just under $3,500 (over $41,000 annually!). Each house sits on an approx 3,500 square foot portion of the lot. This is the perfect opportunity...2 separate houses, each with its own entrance from different streets and separately enclosed yards...all on a large 7,000’ lot! Each home is separately metered for all utilities (water, gas and electric). This is a solid Investment - A rare find at this incredible price. Located in a growing beach community, the rentals bring in a combined monthly income of just under $3,500 (over $41,000 annually!). Each house sits on an approx 3,500 square foot portion of the lot. This is the perfect opportunity for the seasoned investor, first home buyer who wants strong additional income, someone with plans to retire to the area and a desire for income now or a multi-generational family. The larger home at 2150 Paso Robles Street is a 980 square foot, 3 bedroom, 2 bath home with an attached single car garage, built in 1962. The floor plan is extremely functional and it has a new roof and relatively new windows. The second home is a 470 square foot completely renovated (down to the studs) upscale 2 bedroom 2 bath home surrounded by drought tolerant landscaping. There is ample room for outdoor recreating and/or parking. There is also room to add a carport and for RV parking. Don’t miss out on this great opportunity! The homes at 2150 and 2152 Paso Robles Street are sure to impress.

Listing Agent

  1. David Skinner

    David Skinner

    Listing Agent

    Compass

    DRE #00552094

Property Details for 2150-2152 Paso Robles Street

Parking Spaces Total
3
Private Pool
No
Cooling Type
None
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Lot Size Dimensions
140x50
Living Area
1450

Location

Listing Courtesy of Compass, David Skinner, DRE #00552094; Compass, Karen Skinner, DRE #01873847

Sold By The Avenue Central Coast Realty, Inc., Amy Daane, DRE #01902657

Add your commute
LISTING UPDATED: 12/16/2019 10:28 AM

Property Details for 2150-2152 Paso Robles Street

StatusClosed
MLS #PI19253059
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.16 AC / 7,000 SF
CountySan Luis Obispo County

Location

Listing Courtesy of Compass, David Skinner, DRE #00552094; Compass, Karen Skinner, DRE #01873847

Sold By The Avenue Central Coast Realty, Inc., Amy Daane, DRE #01902657

Add your commute

Building Information for 2150-2152 Paso Robles Street

Stories1Residences-Year Built1962Building Size-Lot Size0.16 AC / 7,000 SF

Payment Calculator

$3,002 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2150-2152 Paso Robles Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $41,232
  • Gross Scheduled Income: $41,232
  • Net Operating Income: $33,082
  • Current Financing: Conventional
  • Financing: Conventional
Expense Details
  • Operating Expense: $8,150
  • New Taxes Expense: $6,875
  • Gardener Expense: $600
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $675
  • Trash Expense: $0
  • Total Expenses: $8,150
Tax / Assessment Info
  • Tax Block: 16
  • Tax Census Tract: 122.00
  • Tax Lot: 9
Community / Development
Community / Development
  • Community Features: Biking
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom
  • Laundry: Yes
  • Laundry Features: In Garage, Outside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Natural Gas, Wall
  • Heating: Wall Furnace, Natural Gas
  • Flooring: Carpet, Laminate, Tile, Vinyl
Exterior Features
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Front Yard, Landscaped, Lot 6500-9999, Rectangular Lot
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Parking Garage: Direct Entrance, Driveway - Gravel, Garage, Parking Space, RV Access
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Parking Features: Direct Garage Access, Gravel, Garage, Garage Faces Front, Parking Space, RV Access/Parking
Property / Structure Info
  • Builders Tract Name: Oceano
  • Builders Tract Code: Oceano(350)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $23,232
  • Unit Type Total Rent: $23,232
  • Unit Type Pro Forma: 23232
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $18,000
  • Unit Type Total Rent: $18,000
  • Unit Type Pro Forma: 18000
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Schools near 2150-2152 Paso Robles Street

This home is within Lucia Mar Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 8 to 12
Public - 9 to 12
Rating
School
Distance
Oceano Elementary School
PublicK to 6

Judkins Middle School
Public7 to 8

Arroyo Grande High School
Public8 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, David Skinner, DRE #00552094; Compass, Karen Skinner, DRE #01873847

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.