MULTI Family zoned property .... Development potential abounds here! Older 1 bed 1 bath home on a 4500 sqft R2 lot being sold with the rear R2 lot also 50 x 90. R2 zoning allows a maximum of 15 units per acre. ( See county regs for guidelines) Combine the lots and get the alley access abandoned to create one large 9000 sqft R2 parcel. Consider the possibility of doing a small 3 unit PUD development. Maybe build out each individually ... both have street frontage. The upper back lot (APN 062-041-016 ) has a great elevation and potential for ocean and dune views. West facing for sunset views too. Go look at 1505 15th street and see what might be possible. Also look at 1531 15th ... lots going on in the neighborhood! Primary value is in the land. Home being sold as-is and has no substantive value. Tenant pays $950 rent and would be happy to stay. Home is serviced by private well on this property. No rating or GPM data is available. Farm Supply serviced tank, pressure gauge , pumps and electrical one year ago. Square footage and age of home are approximated and not confirmed. Buyer to satisfy themselves on those issues.

  • MLS# SP18159983
  • Style House
  • Sub-Type Resale
  • Status Active
  • Year 1949
  • Days On Site 133
Bed(s) 1
Bath(s) 1 Full
SQ Feet 800
Garage 1
Story(s) 1 Story
Property View Yes
Listing Provided By:
Diane Hansen  of  Keller Williams Realty Central Coast
this listing $495,000
$460,000 in Oceano(350)
this listing 800 SqFt
1,112 SqFt in Oceano(350)
this listing $619 $/SqFt
$459 $/SqFt in Oceano(350)
this listing 133 on site
94 on site in Oceano(350)


State CA
County San Luis Obispo
City Oceano
Zip Code 93445
Area OCNO - Oceano
Community Name Oceano(350)

Area Schools

School District Lucia Mar Unified

Loading Form

Real Estate Links Our Domains