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Key Details
Sold Price $760,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,774 sqft
Price per Sqft $428
Subdivision Oceano(350)
MLS Listing ID SC21143024
Bedrooms 3
Full Baths 2
Year Built 1965
Lot Size 6,969 Sqft
Property Description
Investment Opportunity! Here?s your chance to own a licensed vacation rental generating an average income of $5,100+ per month. Substantially renovated in 2018, this 3 bedroom single level home offers 1,774 square feet of living space with an attractive layout and separate bonus room/office. The living and dining area features vaulted ceilings, a gas log fireplace, new laminate wood floors and sliding door access to the backyard. A west facing patio and built-in Santa Maria style BBQ offer the perfect location to enjoy our Central Coast Sunsets. Kitchen features include knotty pine soft-close cabinetry, stainless steel appliances, granite counters and tiled floors. Three nicely sized bedrooms along with two full baths are just down the hall, plus a bonus room with laundry and access to the attached 2-car garage. The primary bedroom has 10' ceilings along with a lock-off door and exterior access for the possible owners suite, not to mention 350 square feet of attic space. Located in a quiet neighborhood near two elementary schools, just a mile from Oceano dunes + beach access, and 15 miles to downtown San Luis Obispo or renowned Edna Valley wineries, this property offers a fabulous opportunity to own a piece of the Central Coast while earning a strong yield on your investment! Central location and strong bookings with Airbnb Superhost status. Income during the trailing 12-months totaled +/-$61,000 with over 70% occupancy from short term tenants. Take the virtual tour now as physical showings are limited to July 17th at 3pm through July 21st at 2pm due to scheduled tenants.
Location
State CA
County San Luis Obispo
Area Ocno - Oceano
Interior
Heating Forced Air
Cooling None
Flooring Carpet, Laminate, Tile
Fireplaces Type Gas, Living Room
Laundry Laundry Closet
Exterior
Parking Features Door-Multi, Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Building
Lot Description Street Level
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Lucia Mar Unified
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Camille Schwaegerle • Keller Williams Realty Central Coast
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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