CnC Realty
1 / 22

$1,090,000

1373 16th Street

Oceano, CA 93445

Active

4

Beds

5

Baths

2,778

Sq. Ft.

1942

Year Built

San Luis Obispo

County

SingleFamilyResidence

Property Type

About this home

Just 5 minutes from the Oceano Dunes, this rare two home property delivers space, income, and major upside. The front home is a newer 2,400 sq. ft., two story residence with 3 ensuite bedrooms + office, 3.5 baths, cathedral ceilings, alder cabinetry, walk in pantry, and upgraded finishes throughout. A detached 2 car garage, oversized carport, and bonus room with JADU potential add flexibility and value.The second home offers a 1-bed/1-bath layout with an attached garage--perfect for rental income or multi gen living.Current rents: $3,350 (front home) + $1,050 (rear home, under market). Individually metered gas/water, shared electric, solar leased through 2033. Last year's utilities approx. $530/mo; insurance $3,586.A high demand location, strong income, and clear value add pathways make this an exceptional Central Coast opportunity.

Listed by Craig Lieberman · DRE #00682741 · Apartment Investment Specialis
MLS #1190840283
ListedSep 15, 2026

Property Details

Architecture

Stories1
StyleN/A
Total UnitsN/A
RoofShingle
Garage Spaces1
PoolN/A
SpaNone

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingNone
HeatingCentral
FireplaceNone
LaundryWasher Hookup, Gas Dryer Hookup
Parking FeaturesCarport, Garage
Parking Total3
Patio & PorchNone
Entry LevelN/A
Entry LocationN/A
Common WallsNo Common Walls

Property Features

Lot Size0.25 ac
Lot FeaturesSprinklers None
ViewNone
DirectionsLocated between The Pike and Wilmar Avenue

Community

AreaSLO - San Luis Obispo
School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan
Land LeaseNo
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$5,801/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 3:45 PM

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