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1111 N Strand Way, Oceano, CA 93445

Commercial property · 2 recorded sales since 2019

1111 N Strand Way, Oceano, CA 93445 Sold July 2019 CRMLS
$2,180,000Sold July 2019

Listing Agent: John Madrid (DRE #00783501) · Listing Office: John Madrid, Broker · Contact: 760-533-6364 · Bought with: NONE NONE · CRMLS · MLS #SC19140453 · Source: CRMLS

3,920
Building Sq Ft
3
Units
4.00%
Cap Rate
$99,000
NOI
5,980 sqft
Lot Size
2016
Year Built
Commercial property
Type

About this commercial property

Marketing Remarks: Currently in escrow and ready to fall out! Appraised for $2,500,000! Solar ($50,000 PAID for and included), On Demand Hot Water, Tankless Water Heaters, Ductless Heating, built to LEED specs, Passive Solar Design, 18 foot high ceilings, 2 x 6 fully insulated and sound proofed walls, and more! Commercial Zoning. $640 all utilities. 3 Units Projected Income as Vacation Rentals: Unit A/$73,000, Unit B $76,000, Unit C $44,000 per year. Unit A is 1,638 sq ft, $4,000/month, Unit B is 1,820 sq ft, $3,750 per month; Unit C/$2,000 per month, 462 sq ft. Current Leases: $4,000/Unit A, 12 month lease; $3,750/Unit B, Leased until June of 2019; $2,000/Unit C, Leased until November 2020.Make offer. Trades and exchanges? Buyer from June of 2018 paid for an appraisal, her escrow fell out so she could not close at Appraisal Price $2,500,000. Appraisal Priced.

Listing description from the July 2019 sale, as reported to CRMLS.

Sale history

$2,180,000
Sold July 2019 · listed $2,500,000, on market June 2019 · MLS #SC19140453 · Source: CRMLS
Listing Agent: John Madrid · Listing Office: John Madrid, Broker · Contact: 760-533-6364 · Bought with: NONE NONE · CRMLS
$2,180,000
Sold July 2019 · listed $2,500,000, on market June 2019 · MLS #SC19140448 · Source: CRMLS
Listing Agent: John Madrid · Listing Office: John Madrid, Broker · Contact: 760-533-6364 · Bought with: NONE NONE · CRMLS
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