1350 16th St, Oceano, CA 93445

Property Description

Investment Opportunity! Here’s your chance to own a licensed vacation rental generating an average income of $5,100+ per month. Substantially renovated in 2018, this 3 bedroom single level home offers 1,774 square feet of living space with an attractive layout and separate bonus room/office. The living and dining area features vaulted ceilings, a gas log fireplace, new laminate wood floors and sliding door access to the backyard. A west facing patio and built-in Santa Maria style BBQ offer the perfect location to enjoy our Central Coast Sunsets. Kitchen features include knotty pine soft-close cabinetry, stainless steel appliances, granite counters and tiled floors. Three nicely sized bedrooms along with two full baths are just down the hall, plus a bonus room with laundry and access to the attached 2-car garage. The primary bedroom has 10' ceilings along with a lock-off door and exterior access for the possible owners suite, not to mention 350 square feet of attic space. Located in a quiet neighborhood near two elementary schools, just a mile from Oceano dunes + beach access, and 15 miles to downtown San Luis Obispo or renowned Edna Valley wineries, this property offers a fabulous opportunity to own a piece of the Central Coast while earning a strong yield on your investment! Central location and strong bookings with Airbnb Superhost status. Income during the trailing 12-months totaled +/-$61,000 with over 70% occupancy from short term tenants. Take the virtual tour now as physical showings are limited to July 17th at 3pm through July 21st at 2pm due to scheduled tenants.