Duplex with additional detached studio located in Oceano just off Highway 1. Property is located in close proximity to the Oceano Dunes entrance and downtown Oceano. The property is comprised of a 17,000 square foot lot with 3 residential units. The unit mix consists of a 1,200 sf duplex with a 1 bedroom/ 1 bath and a 2 bedroom/ 1 bath unit. A detached Studio is located behind the duplex. All units are at below market rents which will allow for rent growth over the coming years.
Located on South 4th Street, this property is zoned Commercial Service and resides within Oceano’s Urban Reserve Line allowing for Cannabis uses per SLO County Cannabis Ordinance. With close proximity to the beach this property makes for a great income producing property with lots of outdoor storage space for sand toys , RV’s or your business equipment.