Description

Just 5 minutes from the Oceano Dunes, this rare two home property delivers space, income, and major upside. The front home is a newer 2,400 sq. ft., two story residence with 3 ensuite bedrooms + office, 3.5 baths, cathedral ceilings, alder cabinetry, walk in pantry, and upgraded finishes throughout. A detached 2 car garage, oversized carport, and bonus room with JADU potential add flexibility and value.The second home offers a 1-bed/1-bath layout with an attached garage--perfect for rental income or multi gen living.Current rents: $3,350 (front home) + $1,050 (rear home, under market). Individually metered gas/water, shared electric, solar leased through 2033. Last year's utilities approx. $530/mo; insurance $3,586.A high demand location, strong income, and clear value add pathways make this an exceptional Central Coast opportunity.

Property details

Bedrooms

4

Bathrooms

5

Square feet

2,778

Year built

1942

Property type

Residential

Lot size

10,767 sqft

Location

1373 16th Street • Oceano, CA 93445

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Listed by

Craig Lieberman · Apartment Investment Specialis

Similar Listings

Recent sales near 1373 16th Street

1472 17th: Sold $618,888 · 3 bd · 2 ba · 1,267 sqft · Jul 2026 · 0.1 mi
Real Brokerage Technologies | DRE #02248854
Buyer's agent: NONE NONE, None MRML | DRE #N/A
1480 Island Court: Sold $735,000 · 3 bd · 2 ba · 1,255 sqft · Jan 2026 · 0.1 mi
California Coastal Real Estate | DRE #01873454
Buyer's agent: Joseph Pivovaroff, Keller Williams Realty Santa Barbara | DRE #02299680
1348 Avenida Pelicanos: Sold $785,000 · 3 bd · 2 ba · 1,382 sqft · Jan 2026 · 0.1 mi
Keller Williams Realty Santa Barbara | DRE #01397619
Buyer's agent: Robin Mitchell Hee, BHGRE HAVEN PROPERTIES | DRE #01306491
1319 17th: Sold $575,000 · 2 bd · 1 ba · 726 sqft · Apr 2026 · 0.1 mi
Better Homes and Gardens Real Estate Haven Properties | DRE #01345995
Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #02062531
1312 Avenida Pelicanos: Sold $749,000 · 3 bd · 3 ba · 1,500 sqft · Jan 2026 · 0.1 mi
Real Estate eBroker, Inc. | DRE #01159620
Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #02288605
1610 15th: Sold $600,000 · 3 bd · 2 ba · 1,044 sqft · Aug 2026 · 0.2 mi
Allan Real Estate Investments | DRE #01831269
Buyer's agent: Anthony Schaar, Guide Real Estate | DRE #02188220
1277 Belridge Street 5A: Sold $508,000 · 2 bd · 3 ba · 1,086 sqft · May 2026 · 0.2 mi
Coldwell Banker Realty | DRE #01304231
Buyer's agent: Jessica Burns, Keller Williams Santa Barbara | DRE #02042666
1277 Belridge Street 6A: Sold $472,000 · 2 bd · 2 ba · 1,164 sqft · Apr 2026 · 0.2 mi
LPT Realty, Inc | DRE #01760992
Buyer's agent: Thomas Billinger, Central Coast Sotheby's International Realty | DRE #02182815

Closed sales reported in 93445, nearest first, last 12 months. All recent sales in Oceano →

4-Bedroom Residential - 1373 16th Street, Oceano, CA