Financial
Distress signals
Property profile

1990 Cienaga St Oceano, CA 93445

OFF-MARKET
Commercial land
Property ID
US10-2481077
0.24 ac lot
Last sale Apr 1999 · $100,000
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an unimproved commercial land parcel of approximately one-quarter acre located at 1990 Cienaga St in Oceano, California. It is zoned for commercial-service use and is situated along Highway 1. The site is configured as a parcel suitable for potential development or for outdoor storage use, and it has historically been used under an income-producing occupancy arrangement with an existing month-to-month tenant.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$176k
Assessed land$176k
Effective rate1.06%

Value estimate

· Sep 2026
$285k
$257k – $314k
AI approach$285k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$454/SF
County average, outlier-cleaned · 308 recorded sales of this use type
Observed band · Q1–Q3$234 – $709

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CS
(See 22.06.030.C regarding uses not listed.) 22.06.030.C See NOTES on next page. TABLE 2-2 - ALLOWABLE LAND USES AND PERMIT REQUIREMENTS ...
General categoryCOMMERCIAL
JurisdictionSAN LUIS OBISPO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency38.3
Restaurant31.2
Dental Office28.6

Location

1990 Cienaga St Oceano, CA 93445-9028
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Oceano, CA 93445 $1,300,000 Apr 2025 No data
1590 Ocean, Oceano, CA 93445 $95,000 Jan 2024 No data
2021 Nipomo, Oceano, CA 93445-9507 $125,000 Oct 2023 No data
2045 Nipomo, Oceano, CA 93445-9507 $125,000 Oct 2023 No data
1991 21st, Oceano, CA 93445 $195,000 Mar 2023 No data
362 Pier, Oceano, CA 93445-9730 $167,500 Jul 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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