Greg Malik Real Estate
1111 N Strand Way
Oceano, CA 93445

$2,500,000

Description

Marketing Remarks: 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.

Details

MLS#SC17216326
StyleHospitality
Sub-TypeResale
StatusActive
Year2016
Days On Site396

Features

SQ Feet3,920
Story(s)2
Units3
ZoningCommercial

Market Activity 93445

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Area Information

StateCA
CountySan Luis Obispo
CityOceano
Zip Code93445
AreaOCNO - Oceano
Listing VS Median (in 93445)
Price:
$2,500,000
low | high
Med:
$399,900
100% of Average
SqFt:
3,920
low | high
Med:
1,040
100% of Average
$ / SqFt:
$638
low | high
Med:
$385
89.707384615385% of Average
On Site:
396
low | high
Med:
74
100% of Average
Listing Updated: 10/20/2018
MLS Number: SC17216326
Listing Provided By:
John Madrid  of  John Madrid Broker
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