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Kirby Gordon

Kirby K. Gordon
Broker/Attorney
CA BRE Lic#00481105
Gordon & Gordon Real Estate Brokerage
Pismo Beach, CA 93449

805-773-2610

805-441-4794 Cell
Contact Me

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Listing 6 out of 28
Sold for $810,000 Sold

1641 20th Street
Oceano, CA 93445

4 units | Multi Family Home
6151 sq ft lot - MLS# PI18280373
Property Photo

Sold

Sold for $810,000 on Mar 1, 2019

Description

Great investment opportunity in Oceano! 4 rental units: Two 2 bedroom units and two 1 bedroom units. One unit is located on the lower level with a private paved patio. The 3 upstairs units each have their own private balconies, completely rebuilt with wood timbers and decking. Every bathroom was remodeled in 2010 with new toilets, vanities, showers, cast-iron tubs, faucets and floor coverings. Updated LED exterior light fixtures add security to the building. The complex has 4 covered parking spaces plus additional off street parking. Each unit has individual gas and electric meters. The units have been updated with new water heaters and furnaces. Located one block from the Elementary School, 2 blocks from the Community Center, and also only 1.5 miles from the Oceano Dunes at Oceano Beach and 3.5 miles from Downtown Pismo and the Pismo Beach Pier.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $839,000
  • Zip Code: 93445
  • Year Built: 1985
  • Subdivision/Neighborhood: Oceano(350)
  • Stories: Two
  • Units: 4 units
  • # of Parking Spaces: 6.00
  • Lot Size: 6151 sq ft lot
  • View: Neighborhood, Yes
  • Zoning: RMF
  • Area: OCNO - Oceano
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3012.00
  • Building Area Units: Square Feet
  • Cap Rate: 3.70
  • Carport Spaces: 4.00
  • Common Walls: 2+ Common Walls
  • Community Features: Street Lights
  • Construction Materials: Wood Siding
  • Country: US
  • Directions: S. 13th, then east on Wilmar Ave, then South on 20th St.. At the end on the left.
  • Electric Expense: 258.00
  • Fuel Expense: 206.00
  • Gross Income: 50602.00
  • Gross Multiplier: 16.59
  • Gross Operating Income: 50580.00
  • Gross Scheduled Income: 50580.00
  • Insurance Expense: 1317.00
  • Laundry Features: Common Area
  • Laundry Income: 600.00
  • Laundry YN: Yes
  • Listing Agent License: 00860187
  • Listing Office License: 02005015
  • Lot Features: Cul-De-Sac
  • Lot Size Area: 6150.0000
  • Lot Size Source: Owner
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 1020.00
  • Net Operating Income: 31654.00
  • New Taxes Expense: 9230.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number With Patio: 1
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 18926.00
  • Operating Expense Percent: 37.00
  • Parking Features: Attached Carport, Shared Driveway
  • Parking YN: Yes
  • Pest Control Expense: 292.00
  • Property Attached YN: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Selling Agent: Shannon Kessler
  • Selling Agent License: 01405952
  • Selling Office: Century 21 Hometown Realty Slo
  • Selling Office License: 00874459
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 4165.00
  • Total Expenses: 18926.00
  • Trash Expense: 1065.00
  • Uncovered Spaces: 2.00
  • Water Sewer Expense: 3061.00
  • Water Source: Public
  • Sold Price: 810000.00
  • Sold Date: 2019-03-01
Courtesy of Keller Williams Realty Central Coast, Dick Keenan



Kirby Gordon | 805-773-2610 | Contact Me
760 Mattie Road, Suite A1 - Pismo Beach, CA 93449
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