1845 21st Street
Description
1. Income Property: As a residential income property, it has significant upside. Three of the four units have recently been set up for utility bill-back, and the fourth will be on bill-back soon, resulting in a substantial increase in net income. Current rents are below Redfin’s lowest advertised rates for similar units in the area, so adjusting to market rates can boost your returns.
2. Family Compound: Alternatively, this property could be a wonderful family compound. Live in one or two of the units, and offset a significant portion of your mortgage with rental income from the remaining units. Only a short drive to world-class surfing in Oceano, several top-tier golf courses, fantastic shopping, and restaurants in the Village and on Grand Ave, this property is well situated. With limited availability of similar properties in the Five Cities area, this is an exceptional value at just $503 per square foot. Don’t miss out on this one! Call today for details. All information provided is considered reliable; however, accuracy is not guaranteed. Buyers and their agents are advised to conduct their own due diligence to verify all details independently.
- Listed by Michael Puhek • DRE #01441759 • Brokerage DRE #02126113 • RE/MAX Success • 805-459-1627
Property Details for 1845 21st Street
Property Details for 1845 21st Street
| Status | Active |
|---|---|
| MLS # | PI24229725 |
| Days on Market | 10 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Townhouse |
| MLS Type | Residential |
| Year Built | 1952 |
| Lot Size | 0.16 AC / 7,000 SF |
| County | San Luis Obispo County |
Building Information for 1845 21st Street
Property Information for 1845 21st Street
- Gross Income: $44,287
- Gross Scheduled Income: $82,082
- Net Operating Income: $44,287
- Operating Expense: $32,635
- Fuel Expense: $0
- Electric Expense: $5,790
- Insurance Expense: $1,741
- Trash Expense: $5,760
- Water Sewer Expense: $4,366
- Total Expenses: $32,365
- Tax Block: 25
- Tax Census Tract: 122.02
- CFD/Mello-Roos Fee: $0
- Tax Lot: 17
- Assessments YN: No
- Assessments: None
- Community Features: Rural
- Appliances: Gas Range, Microwave, Refrigerator
- Equipment: Dryer, Microwave, Refrigerator, Washer, Gas Range
- Room Type: All Bedrooms Down
- Main Level Bathrooms: 4
- Main Level Bedrooms: 7
- Bedroom Features: All Bedrooms Down
- Laundry: Yes
- Laundry Features: Dryer Included, Individual Room, Outside, Washer Included
- Laundry Location: Laundry Room, Outside
- Fireplace Features: None
- Fireplace Rooms: None
- Fireplace: N/K
- Cooling: None
- Heating Type: Forced Air
- Heating: Forced Air
- Heat Equipment: Forced Air Unit
- Floor Coverings: Carpet, Laminate
- Flooring: Carpet, Laminate
- Entry Location: 1
- Foundation Details: Raised, Slab
- Structure Type: Quadruplex
- Miscellaneous: Rural
- View Description: None
- Patio: Yes
- Patio: N/K
- Patio And Porch Features: None
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Spa Features: None
- Sign on Property: Yes
- Lot Features: Corner Lot, Front Yard, Rectangular Lot, Level
- Lot Location: Rural, Corner Lot
- Lease Considered: No
- Number Of Units: 4
- Available For Lease: No
- Land Lease: No
- Land Lease Type: Fee
- Topography: Level
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Sewer/Septic: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking: No
- Parking Garage: On street
- Parking Non-Garage: Driveway, Street
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Parking Features: Driveway, Street
- Builders Tract Name: Oceano
- Builders Tract Code: Oceano(350)
- Residential Styles: All Other Attached
- Residential Unit Location: 1 common wall
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,780
- Unit Type Total Rent: $1,780
- Unit Type Pro Forma: 1780
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,000
- Unit Type Total Rent: $2,000
- Unit Type Pro Forma: 2000
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,350
- Unit Type Total Rent: $1,350
- Unit Type Pro Forma: 1350
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,706
- Unit Type Total Rent: $1,706
- Unit Type Pro Forma: 1706
- Unit Type Type: 4
- Number Of Units Leased: 4
- Rent Controlled: No
- Number Of Buildings: 3
- Number Of Separate Electric Meters: 3
- Number Of Separate Gas Meters: 2
- Number Of Separate Water Meters: 1
Property History for 1845 21st Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1845 21st Street
Schools near 1845 21st Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Oceano Elementary School PublicK to 6 | ||
Judkins Middle School Public7 to 8 | ||
Arroyo Grande High School Public9 to 12 | ||
Lopez Continuation High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of RE/MAX Success, Michael Puhek, DRE #01441759
Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.