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 · 5 active · 5 closed
Oceano · Single Family Residence
Listed 6.3% above the median closed sale of $988,000. Price per sqft ($378) is a 35% discount to closed comps ($580). Closed comps sold at 106% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 415 Dixson Street | Arroyo Grande | 2006 | 4 | 3 | 2,299 | 5,446 | $520 | $1.20M | 8 | 80 |
| 508 Starlight Lane | Arroyo Grande | 1999 | 3 | 2 | 1,587 | 4,663 | $567 | $899,900 | 6 | 66 |
| 1590 Manhattan | Grover Beach | 1963 | 4 | 2 | 1,318 | 7,150 | $682 | $899,000 | 39 | 65 |
| 1499 Farroll | Grover Beach | 1947 | 5 | 3 | 2,123 | 36,155 | $563 | $1.20M | 158 | 65 |
| 835 Trouville Avenue | Grover Beach | 2026 | 3 | 2 | 1,743 | 2,623 | $544 | $949,000 | 60 | 60 |
| Total: 5 · Average | 3.8 | 2.4 | 1,814 | 11,207.4 | $575.2 | $1.03M | 54.2 | |||
| Median | 1,743 | $949,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1103 Rose Court | Grover Beach | 1997 | 05/04/2026 | 4 | 3 | 2,004 | 7,128 | $989,000 | $1.05M | $524 | 1.06 | 54 | 77 |
| 1261 San Sorrento Court | Grover Beach | 1998 | 04/24/2026 | 4 | 2 | 1,780 | 7,783 | $850,000 | $979,999 | $551 | 1.15 | 55 | 76 |
| 1166 Rose Court | Grover Beach | 1997 | 07/07/2026 | 3 | 3 | 1,698 | 6,641 | $950,000 | $1.01M | $595 | 1.06 | 22 | 73 |
| 1145 Rose Ct | Grover Beach | 1997 | 10/30/2026 | 3 | 2 | 1,477 | 6,000 | $959,900 | $975,000 | $660 | 1.02 | 63 | 71 |
| 1180 Marbella | Grover Beach | 2003 | 11/24/2025 | 3 | 2 | 1,730 | 6,534 | $998,000 | $988,000 | $571 | 0.99 | 75 | 68 |
| Total: 5 · Average | 3.4 | 2.4 | 1,737.8 | 6,817.2 | $1.00M | $1.00M | $580.2 | — | 53.8 | ||||
| Median | 1,730 | $988,000 | $988,000 | ||||||||||
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.