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.
Property Details
Price:
$1,090,000
MLS #:
V1-38743
Status:
Active
Beds:
4
Baths:
5
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
slosanluisobispo
Listed Date:
Sep 16, 2026
Finished Sq Ft:
2,778
Lot Size:
10,767 sqft / 0.25 acres (approx)
Year Built:
1942
See this Listing
Schools
Interior
Appliances
RF, GO
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Cooling
NO
Heating
CF
Laundry Features
GAS, WH
Levels
U
Exterior
Attached Garage YN
1
Common Walls
NCW
Community Features
SDW, SL
Fencing
WD
Garage Spaces
1
Other Structures
GHD
Parking Spots
3
Parking Total
3
Patio And Porch Features
NO
Roof
SHN
Spa Features
NO
View
NO
Financial
Map
Community
- Address1373 16th ST Oceano CA
- CityOceano
- CountySan Luis Obispo
- Zip Code93445
Subdivisions in Oceano
Market Summary
Current real estate data for Single Family in Oceano as of Sep 17, 2026
25
Single Family Listed
72
Avg DOM
588
Avg $ / SqFt
$1,161,808
Avg List Price
Property Summary
- 1373 16th ST Oceano CA is a Single Family for sale in Oceano, CA, 93445. It is listed for $1,090,000 and features 4 beds, 5 baths, and has approximately 2,778 square feet of living space, and was originally constructed in 1942. The current price per square foot is $392. The average price per square foot for Single Family listings in Oceano is $588. The average listing price for Single Family in Oceano is $1,161,808.
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