
Oceano, California 93445
Analysis of 1111 Strand Way, Oceano, California 93445 is currently available with a list price of $2,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Oceano Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Built in 2016, this property is less than 10 years old and remains in mint, turnkey condition. It features modern ENERGY STAR systems, owned rooftop solar, tankless water heaters, and contemporary finishes including LVP flooring and updated kitchens and bathrooms.
Situated on Oceano's most coveted street, this property offers direct Pacific Ocean views and immediate beach access, providing a premium coastal lifestyle and high desirability.
Built in 2016 with owned solar, ENERGY STAR systems, and high-end finishes, this triplex is move-in ready and offers low operating costs for investors compared to older coastal assets.
With CR zoning and a proven short-term rental history, the property allows for versatile strategies including vacation rentals, long-term leasing, or an owner-user setup.
At nearly $3 million, the list price represents a significant capital requirement that may limit the pool of qualified buyers despite the property's income-generating potential.
The high-density building footprint on a 5,980 sqft lot leaves little room for traditional yard space, relying exclusively on balconies for outdoor living.
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 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,869 | - |
| Lot Size | 5,980 | - |
| Price | $3.00M | $690.0K |
| Price per sq ft | $774 | $612 |
| Built year | 2016 | 0 |
| HOA | $0 | $0 |
| Days on market | 5 | 63 |
Sep 4, 2026
$2,995,000
Initial Listing
Jul 9, 2020
$2,327,500
Public Record
Jul 11, 2019
$730,000
Public Record