2011 Paso Robles, Oceano, California 93445, Oceano, 93445 - 3 bed, 2 bath
2011 Paso Robles
Oceano, California 93445
Property Price
SUMMARY
Analysis of 2011 Paso Robles, Oceano, California 93445 is currently available with a list price of $689,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1956, these two homes are described as being in good condition for their age, but they lack evidence of recent major renovations. The property shows signs of aging infrastructure and likely features outdated kitchen and bathroom styles, fitting the criteria for a well-maintained but aged property requiring modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Dual Income Potential
The property features two separate residences on an R2 lot, providing excellent flexibility for investors or owner-occupants to generate multiple rental income streams.
- Prime Coastal Location
Situated in the coastal community of Oceano, the property is just minutes from the beach, Oceano Dunes, and Pismo Beach, ensuring high tenant demand.
- Separate Utility Metering
Equipped with separate electrical and gas meters for each unit, the property simplifies management and reduces landlord responsibility for utility costs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1128, other record living area = 108. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Aging Infrastructure
Built in 1956, these older homes may require ongoing maintenance or capital improvements to modernize systems and finishes compared to newer builds.
- Shared Water Meter
The lack of separate water meters can complicate utility billing between tenants and may lead to higher administrative oversight for the owner.
About 2011 Paso Robles
Multifamily opportunity in Oceano- Two Homes on an R2 lot. Great opportunity to own not 1 but 2 homes on an R2 lot in the coastal community bot Oceano. These older homes are in good condition for their age and feature 2 separate residences, a 2 bedroom 1 bath in back and a 1 bedroom 1 bath in front. Separate meters for electrical and gas and a shared water meter. This multifamily property offers flexibility for investors, extended families, or owner-occupants seeking additional rental income. Conveniently located near the beach, local amenities and just minutes to Pismo Beach and the Oceano Dunes. Whether your looking to live in 1 and rent the other or add versatile property to you portfolio, this Oceano 2 unit is an opportunity you don't want to miss.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1956
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 1.5 | 50% |
| Baths | 2.0 | 1.0 | 50% |
| Square foot | 1,128 | 2,120.5 | 50% |
| Lot Size | 6,000 | 6,500 | 50% |
| Price | $689.9K | $832.5K | 50% |
| Price per sq ft | $612 | $462 | 50% |
| Built year | 1956 | 1972 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 1 | 114 | 50% |
Pricing History
Listed for Sale
Mar 6, 2026
$689,900
Initial Listing