1810 Ocean, Oceano, California 93445, Oceano, 93445 - 4 bed, 2 bath
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Oceano, California 93445
This property presents a High-Potential Investment Opportunity with a List Price of $1,000,000—positioned above the $781,971 Fair Market Value by 27%. While the property requires significant capital for a full rehab due to its Condition Rating of 5, the Triplex configuration and Residential Multiple Family Zoning offer a clear path to forced appreciation. The 7,000-square-foot lot provides essential rear parking, maximizing utility in this coastal market. This asset is a strategic acquisition for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1810 Ocean Subject | $949,999* List Price | 4 | 2 | 1,912 | $405 | - |
A 2120 Paso Robles Street Sold | $825,000 | 0 | 0 | 1,755 | $470 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 and described as needing updates and being a 'project,' the property shows significant age (>60 years) with no evidence of recent renovations to systems or interiors, requiring a full rehab.
As a triplex zoned for multiple families, this property offers immediate rental income opportunities and long-term investment stability in a high-demand coastal market.
Situated near the ocean in Oceano, the property benefits from its proximity to the beach, making it highly attractive to both long-term tenants and vacationers.
The 7,000-square-foot lot with rear parking provides a significant footprint for renovations, allowing an investor to build substantial equity through modernization.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1912, other record living area = 680. 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 explicitly noted to be in need of updates, suggesting deferred maintenance that will require immediate capital investment and construction expertise.
Built in 1960, the structure likely requires upgrades to major systems and features a modest bed-to-bath ratio across the three units, which may limit premium rental rates until remodeled.
Residential Multiple Family zoned property with currently 3 rentals available. Near the ocean in Oceano California. Property is in need of updates, but if you are handy this would be a great income project. Parking at the rear of the lot.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 83% |
| Baths | 2.0 | 0.0 | 67% |
| Square foot | 1,912 | 1,653.5 | 67% |
| Lot Size | 7,000 | 6,769 | 50% |
| Price | $950.0K | $807.0K | 67% |
| Price per sq ft | $497 | $503 | 50% |
| Built year | 1960 | 1970 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 120 | 17% |
Jun 5, 2026
$949,999
$1,000,000
-5% Price Drop
Initial Listing
May 18, 2026
$1,000,000
Initial Listing