You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $700,000
Automotive properties

1506 Railroad St Oceano, CA 93445-9600

2,160 SF 0.1 ac lot Built 1991
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US09-1522033
Property summary
AI-generated overview

This exceptional mixed-use property in Oceano, CA, presents a unique investment opportunity. Located at 1506 Railroad Street, this 4,320 square foot building sits on a 0.1-acre lot and boasts a prime commercial services (CS) zoning designation. Constructed in 1991, the two-story steel structure offers remarkable adaptability for a variety of business ventures, investment portfolios, or personal use. The exterior features fencing on two sides, convenient covered rear parking, and concrete approaches at both the front and rear. A significant advantage is the inclusion of a two-year-old, fully paid-for solar energy system, providing ample electricity for the entire building and including backup storage panels for extended power supply. The lower level, encompassing 2,160 square feet, is currently configured as a blend of office/retail space and a garage workshop, complemented by two half-bathrooms. Upstairs, accessible via a private entrance, is a completely remodeled one-bedroom apartment, along with several additional rooms suitable for bedrooms or offices, and two full bathrooms. A beautiful deck extends from the apartment, offering stunning views and the calming sounds of the nearby ocean. The steel construction allows for flexible configuration to suit diverse needs. This property's combination of location, size, features, and zoning makes it an attractive proposition for discerning buyers.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1991
Construction STEEL FRAME
Total area 2,160 SF
Lot 0.1 ac (4,500 SF)
Zoning code CS
APN 061-046-026
UPID US09-1522033
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
$603k
Blend (final) Blend
$700k
Owner & transaction history
Monther A Haddad · 2 yrs held
Monther A Haddad
since 2024
Last sale
$700,000
7 recorded transactions
2024
$700,000
2021
Price N/A
2020
Price N/A
2019
$370,000
2019
$250,000
2019
Price N/A
2017
Price N/A
Zoning & alternative use
CS · Oceano, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.0M +4.3%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1506 Railroad St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message