
Oceano, California 93445
This property presents a High-Potential Investment Opportunity with a List Price of $695,000—positioned above the $611,480 Fair Market Value by 13%. While the price reflects a premium, the 4,192-square-foot lot offers significant development potential, including the possibility of an ADU. Featuring a Condition Rating of 4, the home requires modernization of its 1960s infrastructure. With established outdoor amenities like a koi pond and fruit trees, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a coastal project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1327 17th Subject | $695,000* List Price | 2 | 1 | 671 | $911 | - |
A 1319 17th Sold | $575,000 | 2 | 1 | 726 | $792 | 0.0 mi |
B 550 Honolulu Ave Sold | $535,000 | 1 | 1 | 462 | $1,158 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, this property is well-maintained but significantly dated. The kitchen features older wood cabinetry and laminate counters, while the interior retains vintage wallpaper and a wood-burning stove. Although functional and move-in ready, the home is over 60 years old with no evidence of a recent major renovation, placing it in the category of needing cosmetic and system updates.
The generous 4,192-square-foot lot provides significant room for future improvements or the addition of an ADU, offering excellent value-add potential for investors or growing households.
Conveniently situated near the beach, local schools, and markets, this property offers an ideal location for those seeking a coastal lifestyle with easy access to everyday amenities.
The backyard is uniquely equipped with a koi pond, mature fruit trees, and a vegetable garden, providing an immediate, functional outdoor oasis that is rare for this price point.
At just 671 square feet, the interior footprint is quite compact for a two-bedroom residence, which may feel restrictive for families or those requiring more spacious common areas.
Built in 1960, the home likely requires modernization and updates to its original systems and finishes to meet the expectations of contemporary buyers.
Welcome to this cozy 2-bedroom, 1-bath beach home offering approximately 671 square feet of comfortable living space on a generous 4,192-square-foot lot. Lots of storage throughout. This smaller home is a great opportunity for a first-time buyer, downsizer, investor, or anyone looking for an affordable property in a convenient location. Check with the county for an ADU. The back yard has a koi pond, many fruit trees and vegetable garden. Enjoy the benefits of a large lot with plenty of potential for outdoor living, gardening, or future improvements. Conveniently located close to schools, the beach, and local markets, making everyday errands and coastal enjoyment easy. A great opportunity to own a home in a desirable area with room to make it your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 671 | 1,194 |
| Lot Size | 4,192 | 3,616.4 |
| Price | $695.0K | $731.6K |
| Price per sq ft | $1.0K | $578 |
| Built year | 1960 | 1980 |
| HOA | $0 | $119 |
| Days on market | 5 | 67 |
Sep 4, 2026
$695,000
Initial Listing