1373 16th Street, Oceano, CA 93445
1373 16th Street, Oceano, CA 93445
Property Description
Just 5 minutes from the Oceano Dunes, this rare two home property delivers space, income, and major upside. The front home is a newer 2,400 sq. ft., two story residence with 3 ensuite bedrooms + office, 3.5 baths, cathedral ceilings, alder cabinetry, walk in pantry, and upgraded finishes throughout. A detached 2 car garage, oversized carport, and bonus room with JADU potential add flexibility and value. The second home offers a 1-bed/1-bath layout with an attached garage--perfect for rental income or multi gen living. Current rents: $3,350 (front home) + $1,050 (rear home, under market). Individually metered gas/water, shared electric, solar leased through 2033. Last year's utilities approx. $530/mo; insurance $3,586. A high demand location, strong income, and clear value add pathways make this an exceptional Central Coast opportunity.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 3 active · 3 closed
Oceano · Single Family Residence
Listed 10.7% below the median closed sale of $1,220,000. Price per sqft ($392) is a 27% discount to closed comps ($537). Closed comps sold at 93% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 207 days on market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 364 Mccarthy Avenue | Oceano | 2026 | 4 | 4 | 2,772 | 4,300 | $604 | $1.67M | 82 | 76 |
| 311 Juanita | Oceano | 1960 | 5 | 4 | 3,118 | 3,130 | $962 | $3.00M | 153 | 69 |
| 1612 Strand | Oceano | 1980 | 4 | 3 | 2,336 | 3,500 | $1,196 | $2.79M | 8 | 67 |
| Total: 3 · Average | 4.3 | 3.7 | 2,742 | 3,643.333 | $920.667 | $2.49M | 81 | |||
| Median | 2,772 | $2.79M | ||||||||
Closed Properties (3)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1339 24th | Oceano | 1959 | 09/18/2026 | 4 | 4 | 2,167 | 24,860 | $1.30M | $1.24M | $572 | 0.95 | 105 | 67 |
| 357 Mccarthy Avenue | Oceano | 2000 | 09/10/2026 | 3 | 3 | 2,218 | 4,140 | $1.20M | $1.22M | $550 | 1.02 | 35 | 62 |
| 310 Sandpiper Lane | Oceano | 1978 | 05/11/2026 | 5 | 3 | 2,203 | 3,000 | $1.30M | $1.07M | $488 | 0.83 | 482 | 59 |
| Total: 3 · Average | 4.0 | 3.3 | 2,196 | 10,666.667 | $1.18M | $1.18M | $536.667 | — | 207.33333333333334 | ||||
| Median | 2,203 | $1.22M | $1.22M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.