Price Reduction - Water Front - Eco Friendly
Address
1111 N Strand Way Oceano, CA
Price
$ 2,300,000
Property Attributes
  • MLS#SC17216326
  • TypeCommercial
  • CountySAN LUIS OBISPO
  • CityOceano
  • AreaOceano
  • Zip93445
  • StyleHotel/Motel
  • Price$ 2,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3920
Listing Provided Courtesy Of:
John Madrid with John Madrid, Broker.
Property Description

Marketing Remarks: Compare to any Beachfront Units LEED specifications built! Reduced $450,000! Priced to SELL! CASH TALKS!!! Email for leases, Income/Expenses. $10,694 monthly payment includes PITI & $1,300 principal reduction. Assume loan of $1,427,000 at 6.99% with 1 point and EASY qualify. Solar ($50,000 PAID for and included), On Demand Hot Water, Tankless Water Heaters, Ductless Heating, built to LEED specs, Passive Solar Design, 18 foot high ceilings, 2 x 6 fully insulated and sound proofed walls, and more! Commercial Zoning. $600 all utilities. 3 Units Leased: $3,500/Unit A 1,638 sq ft; $3,450/Unit B 1,820 sq ft; $2,000/Unit C 462 sq ft. Furnishings and appliances to be INCLUDED. Make offer. $500,000 CASH Down and Seller/Assumption financing on balance. CALIFORNIA BEACHFRONT...PRICELESS!!!

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
9/19/2017 Listed $2,500,000
9/25/2017 5% - $2,375,000
10/9/2017 1% - $2,360,000
10/10/2017 1% - $2,340,000
10/10/2017 2% - $2,300,000
10/11/2017 4% - $2,220,000
11/22/2017 3% - $2,160,000

General Features

Current Financing Assumable
Listagentstatelicense 00783501
Listing Agent John Madrid - BRE#00783501
MLS Area OCNO - Oceano
Number of Units Leased 3
Price Per Square Foot 586.73
Property SubType Hotel/Motel
Property Type Commercial Sale
Security Features Carbon Monoxide Detector(s), Fire Sprinklers
Special Listing Conditions Standard
Total Units 3
Utilities Cable Available, Phone Available, See Remarks, Sewer Connected, Underground Utilities, Water Connected
Zoning Commercial

Interior Features

Air Conditioning Y/N 1
Condoareaunits Square Feet
Heating Zoned, Solar, See Remarks
Heating Y/N 1
Laundry Features Dryer Included, Washer Included
Total Stories 2

Exterior Features

Building Area Total 3920.00
Construction Materials HardiPlank Type, Plaster
Fenceyn 1
Lot Size Source Seller
Number of Buildings 1
Roof See Remarks
Total Parking 4.00
Uncoveredspaces 4.00
Water Source Public
Waterfront Features Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93445

Price
AVG $1.09M
$2.3M
Visits
AVG 9
4
Year Built
AVG 1970
2016
Walkscore
AVG 34
27

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