1506 Railroad St Oceano, CA 93445-9600
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
CS · Oceano, CAOceano. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.