1551 Wilmar Ave Oceano, CA 93445

3 beds · 2 baths · 1,501 sq ft · Lot Size: 6,035 sq ft · Single Family Home
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1551 Wilmar Ave is in the 93445 neighborhood of Oceano, CA. It is located in San Luis Obispo County and ZIP code 93445. This Single Family Home was built in 1996 and is approximately 29 years old. The single family home spans 1501 sq ft with 3 bedrooms and 2 bathrooms and sits on a 6035 sq ft lot. According to public records, it was last sold in 2010 for $320,000. Analyze and compare real estate investment strategies for properties like this home at 1551 Wilmar Ave Oceano, CA 93445 with Property Intel by Whitepages.

Investment Potential for 1551 Wilmar Ave

The property has a current estimated value of $1,175,225, which is 16% above the zip median, based on public records. It last sold on June 04, 2010 for $320K. Projected long-term
is $44,400 annually ($3,700 per month) with a 80% occupancy rate.

Long-Term

Gross Rental
$44,400 per year($3,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
80%in 93445 zip code
 
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Owners & Occupancy for 1551 Wilmar Ave

This property is owned by Santiago J Espinoza. Owner contact information includes 2 phone numbers.

Property Owners

Cell Phone(805) ***-****
Residence**********
Distance from Property**********

Property Ownership Information

Purchase DateJune 04, 2010
Property Tax Amount$4,475 in 2024
Purchase Price$320,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 78
Resident 2******************* age 54
Resident 3*************** age 30
Resident 4******************* age 28

Property Details for 1551 Wilmar Ave

Property Details

Property Sq Ft

Living Area

1,501 sq ft

Compare to 93445

Lot Size

6,035 sq ft

Compare to 93445

Price Per Sq Ft

Living Area

$783 / sq ft

Compare to 93445

Lot Size Area

$195 / sq ft

Compare to 93445
Property condition, age, exterior, etc. for 1551 Wilma…
Longitude: -120.61379 Latitude: 35.104497 Parcel Number (APN): 062-282-076…
Mortgage originated on through lender: Loan Ntwk Lndg Llc for$******View Mortgage Details
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Market Benchmarks

Compare data for 1551 Wilmar Ave in San Luis Obispo County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$1,175,225
$643,512
$531,712 (83%)
$806,439
$687,867 (85%)
YoY Price Change
1.38%
408%
Year Built
1996
1971
25 years
Living Space
1,501 sq ft
1,518 sq ft
-17 (-1%)
$ Per Living Sq Ft
$783
$429
$354 (83%)
Lot Size
6,035 sq ft
7,020 sq ft
-985 (-14%)
$ Per Lot Sq Ft
$195
$93
$102 (110%)

Net Operating Income
$29,327
-$3,834 (-13%)
Annual Revenue
$44,400
$45,600
-$1,200 (-3%)
$13,826
$5,081 (37%)
Net Operating Income
$29,327
-$3,834 (-13%)
Cap Rate
4.12%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians