1111 Strand Way , Oceano, CA 93445
$2,995,000
Est. Payment: $16,336.82/mo
5 Bed
5 Bath
3869 Sqft
0.14 Acres
Status: Active | Days on site: 4
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House Description

A 2016-built oceanfront triplex on Oceano's most coveted street -- Wake up to whitewater. 1111 Strand Way is a rare, purpose-built 2016 triplex on the ocean side of Highway 1 in Oceano — the block where morning light comes in off the Pacific and the dunes roll straight to your balcony rail. Newer-construction multi-family assets with direct Pacific views, CR (Coastal Residential) zoning, and an operating short-term rental history almost never come to market on the Central Coast. Unit mix: Two 2BR / 2BA townhome-style residences with private 2-car garages, and a 1BR / 1BA retreat — all three fully furnished and separately metered for gas and electric. LVP flooring throughout, gas fireplaces, tankless water heaters, ENERGY STAR systems, wall-to-wall windows, high ceilings, and private balconies off every unit. Owned rooftop solar keeps operating costs low and guest reviews high. Flex play: Continue as a professionally managed vacation compound (short-term income history in supplements), convert to long-term coastal rentals, or owner-occupy one unit and let the other two service the debt. Turnkey, furnished, solar-owned — with the same view the single-family homes on this street pay $4M+. Location: Strand Way is the most desirable street in Oceano. Steps to the sand, minutes to Pismo Beach, and a short drive to San Luis Obispo, the SLO airport, and the wine country.

Highlights

Listed by Abel Contreras , 805-709-7143 Invest SLO , 805-709-7143. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

2016

County

San Luis Obispo

Area

OCNO - Oceano

Neighborhood

Oceano(350)

Listing ID

PI26194623

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:5
Appliances:Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Oven, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Heater
Air Cond:Electric,ENERGY STAR Qualified Equipment,Zoned
Fireplaces:Gas
Floor:Laminate,Vinyl
Other:
  • ▪ Additional:Furnished, High Ceilings, Open Floorplan, Storage, Two Story Ceilings, Wired for Sound, Bedroom on Main Level, Loft, Main Level Primary, Walk-In Closet(s)
Water:Public

Exterior Features

Lot:Lawn,Landscaped,Level,Rectangular Lot,Value In Land,Yard,No Land Lease
Garage Capacity:8
Zoning:CR
Roof:Membrane,Synthetic
Others:
  • ▪ Additional:Awning(s), Lighting, Rain Gutters, Updated/Remodeled, Turnkey, Block, Cement Siding, Glass, Concrete, Stucco, Steel, 2+ Total Units
Sewer:Public Sewer
Parking Features:Asphalt,Door-Multi,Direct Access,Driveway,Garage,Garage Door Opener,Oversized,Paved,Private,Garage Faces Side
Principal Interest
$16,337
Taxes
$1,909

Home Price

$2,995,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$599,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,336.82

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,336.82 $1,909.31 $0.00 $18,246.13
Yearly $196,041.82 $22,911.75 $0.00 $218,953.57
Total $5,881,254.75 $687,352.50 $0.00 $6,568,607.25

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Oceano, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-04T21:12:45.000Z

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