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 $1,390,000. 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 new quartz countertops, stainless steel appliances, windows, doors, and fixtures. The interior shows a mix of modern updates and well-maintained older elements, making it move-in ready. The presence of separate meters and a large lot adds value, though the age of the core systems is not explicitly detailed beyond the recent cosmetic and fixture upgrades.
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 develop a primary residence and ADUs on the second lot, maximizing the property's value.
With an upgraded 3-bedroom main house, a separate 1-bedroom apartment, and a massive two-RV garage with a workshop, the property is perfectly configured for rental income or a multi-generational compound.
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 with tenants not vacating until May, which may deter buyers looking for immediate possession or a standard closing timeline.
Existing marketing photos do not reflect the current state of the home as they were taken prior to the current tenancy, necessitating a physical inspection to verify condition.
We are currently on Hold - the Seller is furnishing the entire property - 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 Zone, this property may offer valuable tax advantages, making it an exceptional opportunity for investors, developers, or those seeking a multi-unit coastal compound. Please note; photos of the main house were taken before tenants moved in. Tenants will be moving out in May. More pictures will be available after the tenants move out.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 4.0 | 2.0 | 91% |
| Square foot | 2,167 | 1,436 | 86% |
| Lot Size | 24,860 | 4,500 | 91% |
| Price | $1.39M | $780.0K | 95% |
| Price per sq ft | $641 | $574 | 73% |
| Built year | 1959 | 1989 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 173 | 5% |
May 5, 2026
$1,390,000
Initial Listing
Aug 22, 2023
$625,000
Public Record