tomo logo

$899,888

Beds
2
Baths
1.0
sq ft
4,320

1506 Railroad St, Oceano, CA 93445

1506 Railroad St

Oceano, CA 93445

  • 24 days on market
Prime Mixed-Use Property – A Rare Opportunity This 4,320-square-foot mixed-use property, built in 1991 and situated on a 4,500-square-foot lot, is zoned for Commercial Service (CS) and offers exceptional versatility for business or investment opportunities. Its exterior features include sidewalks, curbs, gutters, and prominent signage, while a $49,000 solar system with 23 panels and battery back-up enhances energy efficiency. The lower level spans 2,160 square feet, including a 900-square-foot retail space with finished drywall, track lighting, storefront windows, and access from Railroad Street, plus a restroom and stairs to the second-level storage. The remaining 1,260 square feet is configured as a workspace and garage, with concrete floors, built-in cabinetry, two roll-up doors at the front and rear, two open areas, and an additional restroom. The 2,160-square-foot upper level includes a 900-square-foot commercial space with three rooms and a 1,260-square-foot one-bedroom apartment. The apartment features a private entrance, master bedroom with walk-in closet, upgraded kitchen with marble counters and built-in appliances, two full bathrooms, and a reinforced second-story deck with new heating/AC. Don't miss out on this great opportunity to own in this prime location!

Details

Property type

Single Family Residence

Est. home value

$770,766

Lot size

4,500 sq ft

Price per sq ft

$209

Year built

1991

HOA

No

Price History

01/06/2025
BridgeMLS

BridgeMLS #41081586

Listed
$899,888
+143.21%
11/08/2019
CLAW

CLAW #19478624

Sold
$370,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Duque Family Revocabletrust

Loan start date

November 2023

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

7.57%

Loan type

Seller take-back

Seller

Monther A Haddad and Loan Thi Huynh

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/31/2025 at 1:00 AM

Listing updated: 01/14/2025 at 11:30 AM

Listed by: John Sayage, eXp Realty of California Phone #: (510) 827-2160

MLS: BridgeMLS #41081586

BridgeMLS logo

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