1339 24th, Oceano, California 93445, Oceano, 93445 - 4 bed, 4 bath
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Oceano, California 93445
Analysis of 1339 24th, Oceano, California 93445 is currently available with a list price of $1,299,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
Originally built in 1959, the property has undergone significant recent renovations including a modern kitchen with quartz countertops, stainless steel appliances, new windows, doors, and updated flooring. While some systems like wall heaters appear older, the interior is well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24860, living area = 2167.
The sale includes two contiguous parcels with a separate APN, offering a rare opportunity to build an additional primary residence and ADUs on the vacant .57-acre lot.
The property features a renovated 3-bedroom main house, a separate 1-bedroom apartment, and a massive RV garage with a workshop, making it ideal for multi-generational living or high rental yield.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =24860, other record lot size in square feet = 13504. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2167, other record living area = 1256. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is currently on hold and occupied by tenants until May, which restricts full physical inspections and limits the availability of current marketing photography.
The listing price represents a significant increase from its 2023 sale price of $625,000, placing heavy reliance on the buyer's ability to capitalize on the development potential of the second parcel.
Introducing 1339 24th Street in Oceano—a rare coastal opportunity offering flexibility, scale, and strong upside potential on two contiguous elevated parcels totaling approximately 24,860± sq ft (.57± acre). The front lot features an upgraded 3-bedroom, 2-bath home with new paint, windows, doors, fixtures, and quartz countertops, plus a bright 1-bedroom apartment with dune and water peeks. A two-RV garage with half bath and workshop adds versatility, along with two electric and gas meters. The second parcel (separate APN) offers significant development potential with zoning allowing a primary home plus ADUs (buyer to verify). Located in an Opportunity Development Zone, this property may offer valuable tax advantages, making it an exceptional opportunity for investors, developers, or those seeking a multi-unit coastal compound.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,167 | - |
| Lot Size | 24,860 | - |
| Price | $1.30M | $775.8K |
| Price per sq ft | $599 | $614 |
| Built year | 1959 | 0 |
| HOA | $0 | $0 |
| Days on market | 78 | 80 |
Jul 16, 2026
$1,299,000
$1,340,000
-3% Price Drop
Initial Listing
Jul 2, 2026
$1,340,000
$1,390,000
-4% Price Drop
Initial Listing
May 5, 2026
$1,390,000
Initial Listing
Aug 22, 2023
$625,000
Public Record