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1399 S 4th Street, Oceano, California

$1,450,000Contract Pending

1399 S 4th Street, Oceano, California 93445
- MLS® ID: SP17138833

Property Details

1399 S 4th Street, Oceano, California 93445 - 6.6% CAP on current rents with a 7.1% cash on cash return on $550,000 cash down. Well maintained and easy to operate mini storage in Oceano. Two apartments make it easy to manage. The couple in the two bedroom unit currently show any vacant units and keep the property clean. Extremely low vacancy in the storage market. Located in Oceano adjacent to Grover Beach and Arroyo Grande. A few minutes from the approved Grover Beach Lodge and Convention Center scheduled to break ground late summer of 2017. Please drive by only or contact listing broker for a tour. Do not disturb tenants. See attached marketing brochure.

Amenities

  • Zip93445
  • CountySan Luis Obispo
  • StatusActive
  • Purchase TypeContract Pending
  • Property typeCommercial
  • MLS® IDSP17138833

Listing Courtesy of Guy Torelli~Torelli Investment Realty

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“Nat was an excellent realtor. Clear and concise with his contracts, gets back to you quickly and is well liked in the community. I would definitely recommend Nat for any future deals. His knowledge of Seal Beach is excellent.”

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