Spencer & Margaret Morris Contact Us At 805-709-8535 For All Your Real Estate Needs

Oceano Beach (Oceano, California, US - 93445)
MLS® $795,000 3 Units


Attachments


"Live in one, rent the other two"
 

Re/Max Ocean West


Spencer & Margaret Morris
 
Spencer & Margaret Morris
Email Spencer & Margaret
 
Home: (805) 219-0094
Cell: (805) 709-8535
Fax: (888) 633-5888
 
Details

Address: 633 Airpark Type: Residential Style: Single Story Bedrooms: 5 Bathrooms: 3 Garage: n/a "On-site parking" Size: 2,700 sq. ft. "1 Studio, 2 two bedroom units" Lot Type: Rectangular Lot Size:  7200 sq. ft.  Year Built: 1945 MLS®: 131079
 
Description

Great location West of Hwy. 1 across from Park and Lagoon within easy walking distance of the Oceano airport and ocean. There are 3 separate homes which have all been remodeled and upgraded. There are two, 2 bedroom 1 bath homes plus a large studio. The homes have new Pergo floors, new appliances, paint, newer cabinets and landscaping. Perfect for the owner-occupant, investor, or out of town owner. Due to the exceptional location these units are always occupied and are in excellent condition
 
Highlights

Ocean Close 3 Units - two large 2 bedroom units plus Studio.
Remodeled inside and outside Cap rate 4.4%, Gross Rent Multiplier 17.76%, Gross Rents $46,440/yr

Features
Exterior Finish
 Stucco
Sewer/Water Systems
 Public
Roof
 Composition
Lot Features
 Fenced Yard
Heating
 Natural Gas  Wall Unit
Brokered and Advertised by:   Gordon Properties P2#1161959
 

Information is deemed to be correct but not guaranteed.