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… Read More your balcony rail. Newer-construction 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 and separately metered for gas and electric. 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. Read Less
Courtesy of Invest SLO 805-709-7143
Listing Snapshot
Days Online
36
Last Updated
Property Type
Other
Beds
5
Square Ft.
3,869
Lot Size
0.14 Acres
Year Built
2016
MLS Number
PI26194623MR
Additional Details
Appliances & Equipment
Microwave, Oven-Gas, Dishwasher, Inside, Microwave, Vented Exhaust Fan
Building
3,869 sq ft, Built in 2016, Attached, Contemporary
Community
Preserve/Public Land
Cooling
Electric, ENERGY STAR Qualified Equipment, Zoned
Disclosures
Coastal Zone
Accessibility Features
Doors - Swing In, Other Main Level Modifications
Exterior Features
Block, Concrete, Glass, Steel, Stucco
Fence
None
Fireplaces
Gas
Garage
4 total garage spaces, Direct Entrance, Door Opener, Driveway, Garage, Garage - 2 Car, Oversized, Private
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