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444 Pier Avenue, 12, Oceano, CA 93445

$250K0bd · 1ba · 266 sqft
Lot 266 sqft•HOA $525.98/mo•Condominium•
Active
•26d on market•MLS# PI-26204504

Property Description

This inviting studio condo is located just 1.5 blocks from the ocean, offering an affordable opportunity to own an income-producing property near the beach. Open the window, breathe in the fresh ocean air, and enjoy having the sand and surf just moments from your door. This property is required to operate as a vacation rental and is governed by Coastal Commission and HOA requirements. Owners are permitted personal use for up to 84 days per year, with the unit required to remain available for vacation rental use during the balance of the year. This unique setup provides owners with designated time to enjoy the property while generating guest revenue to help offset ownership expenses. The community offers an onsite hot tub, laundry facility, BBQ/cooking area, and fish-cleaning station. The building exterior was also recently repainted, adding to the property's fresh coastal appeal. HOA dues include all utilities, plus cable and internet, making ongoing ownership and vacation-rental operation convenient. For buyers looking to invest near the ocean while still having limited personal-use opportunities, this studio offers a unique way to own a piece of the Central Coast and participate in the area's vacation-rental market. Cash only due to the size and no kitchen.

Features & Amenities

FeeBuilt 2001

Property Details

Land Type
Fee
Year Built
2001
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
0
Garage Spaces
0
Heating
Wall Furnace
Cooling
None
View
None
Flooring
Laminate
Roof
Tile
City
Oceano
Zip Code
93445
County
San Luis Obispo
Listed byOcean West Properties, Inc., Mikey Rezner

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,264.14
Principal & Interest
Loan Amount
$200,000
Total Interest
$255,089
Total Payment Over 30 Years
$455,089
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 4 active · 0 closed

444 Pier Avenue, 12, Oceano, CA 93445

Oceano · Condominium

$250K
Affordable Tier
Beds
0
Baths
1
Sqft
266
Lot
266 sqft
Year
2001
$/Sqft
$940
Pool: No✓
Spa: Yes✓
View: None✓

Comparable sales support the current list price.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $250K· $940/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $550K
−$300K (−54.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,046
−$106 (−10.1%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
444 Pier AvenueOceano200111266266$789$210,00011595
198 mainPismo Beach20041146843,560$1,175$549,99921961
402 West Grand Ave.Grover Beach2025115060$1,045$529,0001358
402 Grand AvenueGrover Beach2025115350$1,174$628,00018752
Total: 4 · Average1.01.0443.7521,913$1,045.75$479,249.75133.5
Median506$549,999

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.