$2,995,000

Multi Family In Oceano

  • 5 Beds
  • 5 Baths
  • 5,981 Sqft lot
  • Updated: October 23
  • Source:
    San Diego MLS  MLS#PI26194623

About the Property

A 2016-built oceanfront triplex on Oceano’s most coveted street -- 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 202021 with LVP flooring, quartz counters, new appliances and paint. Multi-family assets
A 2016-built oceanfront triplex on Oceano’s most coveted street -- 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 202021 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.
…
  • Property type

    Other

  • Floors

    2

Features

  • Garage
  • Fireplace
  • Water View
  • Mountain View
  • Waterfront
  • Oceanfront
  • Outdoor Living Space
  • Kitchen island
  • High Ceiling
Features

Lot

  • Mountain View
  • Coastal
  • Water View
  • Waterfront
  • Oceanfront

Indoor

  • High Ceiling
  • Fireplace
  • Air Conditioning
  • Kitchen island
  • Bar
  • Stone Countertops

Outdoor

  • Balcony
  • Garage
  • Outdoor Living Space

Explore the Area

1111 Strand Way, Oceano, California, United States View on Google Maps
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Invest SLO - San Luis Obispo

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Invest SLO - San Luis Obispo
California, United States
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4
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2026
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Invest SLO - San Luis Obispo
San Luis Obispo, California, United States
View agency profile
Last updated
October 23
First listed
September 5
Listing reference
PI26194623
Listing status
Active under contract
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