5,980 Sqft Lot
5,980 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Oceano(350)
MLS Listing ID PI26194623
Construction Status Turnkey
HOA Y/N No
Year Built 2016
Lot Size 5,980 Sqft
Property Sub-Type Triplex
Property Description
Wake up to whitewater. 1111 Strand Way is a rare, purpose-built 2016 triplex on the ocean side of Highway 1 in Oceano — the block where morning light comes in off the Pacific and the dunes roll straight to your balcony rail. Interiors updated in 2020–21 with LVP flooring, quartz counters, new appliances and paint. Multi-family assets with direct Pacific views, CR (Coastal Residential) zoning, and an operating short-term rental history almost never come to market on the Central Coast.
Unit mix: Two 2BR / 2BA townhome-style residences with private 2-car garages, and a 1BR / 1BA retreat — all three fully furnished. LVP flooring throughout, gas fireplaces, tankless water heaters, ENERGY STAR systems, wall-to-wall windows, high ceilings, and private balconies off every unit. Owned rooftop solar keeps operating costs low and guest reviews high.
Flex play: Continue as a professionally managed vacation compound (short-term income history in supplements), convert to long-term coastal rentals, or owner-occupy one unit and let the other two service the debt. Turnkey, furnished, solar-owned — with the same view the single-family homes on this street pay $4M+.
Location: Strand Way is the most desirable street in Oceano. Steps to the sand, minutes to Pismo Beach, and a short drive to San Luis Obispo, the SLO airport, and the wine country.
Location
State CA
County San Luis Obispo
Area Ocno - Oceano
Zoning CR
Interior
Interior Features Furnished, High Ceilings, Open Floorplan, Storage, Two Story Ceilings, Wired for Sound, Bedroom on Main Level, Loft, Main Level Primary, Walk-In Closet(s)
Heating Electric, Fireplace(s), Zoned
Cooling Electric, ENERGY STAR Qualified Equipment, Zoned
Flooring Laminate, Vinyl
Fireplaces Type Gas
Fireplace Yes
Appliance Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Oven, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Heater
Laundry Inside
Exterior
Exterior Feature Awning(s), Lighting, Rain Gutters
Parking Features Asphalt, Door-Multi, Direct Access, Driveway, Garage, Garage Door Opener, Oversized, Paved, Private, Garage Faces Side
Garage Spaces 4.0
Garage Description 4.0
Fence None
Pool None
Community Features Preserve/Public Land
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description Across the Road Water Frontage,Beach Access,Beach Front,Ocean Access,Ocean Front,Ocean Side Of Freeway,Ocean Side Of Highway
View Y/N Yes
View Ocean
Roof Type Membrane,Synthetic
Accessibility Parking, Accessible Doors
Total Parking Spaces 8
Private Pool No
Building
Lot Description Lawn, Landscaped, Level, Rectangular Lot, Value In Land, Yard
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Custom
Level or Stories Two
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 061011049
Security Features Security Lights
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, 1031 Exchange, Owner May Carry, Submit
Green/Energy Cert Solar
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, 1031 Exchange, Owner May Carry, Submit
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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