UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,869 sqft
Price per Sqft $774
MLS Listing ID PI-26194623
Style Contemporary,Custom Built
Year Built 2016
Lot Size 5,980 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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. 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.
Location
State CA
County San Luis Obispo
Area Ocno - Oceano
Zoning CR
Interior
Interior Features Furnished, High Ceilings, Open Floorplan, Storage, Two Story Ceilings, Wired for Sound
Heating Zoned, Fireplace(s)
Flooring Laminate, Vinyl
Fireplaces Type Gas
Laundry Inside
Exterior
Exterior Feature Awning(s), Lighting, Rain Gutters
Parking Features Garage, Garage - Three Door, Garage Door Opener, Garage Faces Side, Oversized, Paved, Private, Asphalt, Direct Garage Access, Driveway
Garage Spaces 4.0
Pool None
Community Features Preserve/Public Land
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
View Y/N Yes
View Ocean, White Water, Dunes
Building
Lot Description Landscaped, Lawn, Level, Rectangular Lot, Value In Land, Yard
Sewer Other, Public Sewer
Nearby Locations
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900