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Listed by: Abel Contreras (805) 709-7143 DRE #02062620 | Invest SLO (805) 709-7143
$2,995,000
Monthly Est:$14,907
5 Beds
5 Baths
3,869sqft
1111 Strand Way, Oceano, CA 93445
$2,995,000
$14,907/moEst:
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Triplex
Built in 2016
$-- HOA
5,980 sqft lot
$774/sq.ft
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. Interiors updated in 2020–21 with LVP flooring, quartz counters, new appliances and paint. 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. 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.
- Houzeo last checked: 0 minutes ago
- Listing updated: October 22, 2026 at 8:25 pm
- Source: California Regional MLS-CA | MLS#: PI26194623
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
2016
HOA Fees
-
Finished Area
3,869 sqft
Lot Size
5,980 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PI26194623
MLS Status
ActiveUnderContract
Days on Market
63
Cumulative Days on Market
48
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Interior
Heating
Electric, Fireplaces, Zoned
Sewer
Public Sewer
Cooling
Electric, Energy Star Qualified Equipment, Zoned
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
Exterior Features
Awnings, Lighting, Rain Gutters
Window Features
Double Pane Windows, Energy Star Qualified Windows
Flooring
Laminate, Vinyl
Interior Features
Furnished, High Ceilings, Open Floorplan, Storage, Two Story Ceilings, Wired For Sound, Bedroom On Main Level, Loft, Main Level Primary, Walk In Closets
Construction
Year Built
Year Built: 2016
Home type
Triplex
Property Condition
Turnkey
Foundation Details
Slab
Architectural Style
Contemporary, Custom
Roof
Membrane, Synthetic
Construction Materials
Block, Cement Siding, Glass, Concrete, Stucco, Steel
Utilities & Energy
Electric
Standard
Laundry Features
Inside
Fireplace Features
Gas
Parking Features
Asphalt, Door Multi, Direct Access, Driveway, Garage, Garage Door Opener, Oversized, Paved, Private, Garage Faces Side
Security Features
Security Lights
Pool Features
None
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Other Features
Lot Features
Lawn, Landscaped, Level, Rectangular Lot, Value In Land, Yard
Disclosures
Coastal Zone
Community Features
Preserve Public Land
Subdivision Name
Oceano(350)
Price History
| Date | Event | Price |
|---|---|---|
10/12/2026 Source: | Contingent (Active Under Contract) | $2,995,000 $774/sqft |
09/04/2026 Source: | Listed for Sale | $2,995,000 -7.85% $774/sqft |
01/22/2024 Source: | Off Market | $3,250,000 +39.63% $840/sqft |
07/13/2020 Source: | Sold | $2,327,500 $602/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 07, 2026, 07:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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