2570 Lara Ln Oceano, CA 93445

3 beds · 2 baths · 1,406 sq ft · Lot Size: 7,700 sq ft · Single Family Home
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2570 Lara Ln 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 1994 and is approximately 31 years old. The single family home spans 1406 sq ft with 3 bedrooms and 2 bathrooms and sits on a 7700 sq ft lot. According to public records, it was last sold in 2010 for $315,000. Analyze and compare real estate investment strategies for properties like this home at 2570 Lara Ln Oceano, CA 93445 with Property Intel by Whitepages.

Investment Potential for 2570 Lara Ln

The property has a current estimated value of $1,265,915, which is 25% above the zip median, based on public records. It last sold on August 17, 2010 for $315K. 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 2570 Lara Ln

This property is owned by Michael R Miller. Owner contact information includes 2 phone numbers and 2 email addresses.

Property Owners

Residence**********
Landline(805) 474-4936+ 1 more
Distance from Property**********
Email Address*************@hotmail.com

Property Ownership Information

Purchase DateAugust 17, 2010
Property Tax Amount$4,409 in 2024
Purchase Price$315,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1*********************** age 41
Resident 2**************** age 73
Resident 3************** age 38
Resident 4******************* age 36

Property Details for 2570 Lara Ln

Property Details

Property Sq Ft

Living Area

1,406 sq ft

Compare to 93445

Lot Size

7,700 sq ft

Compare to 93445

Price Per Sq Ft

Living Area

$900 / sq ft

Compare to 93445

Lot Size Area

$164 / sq ft

Compare to 93445
Property condition, age, exterior, etc. for 2570 Lara …
Longitude: -120.601031 Latitude: 35.10035 Parcel Number (APN): 062-104-028…
Mortgage originated on through lender: The Mtg House Inc for$******View Mortgage Details
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Market Benchmarks

Compare data for 2570 Lara Ln 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
$1,265,915
$643,512
$622,403 (97%)
$806,439
$803,181 (100%)
YoY Price Change
1.38%
1838%
Year Built
1994
1971
23 years
Living Space
1,406 sq ft
1,518 sq ft
-112 (-7%)
$ Per Living Sq Ft
$900
$429
$471 (110%)
Lot Size
7,700 sq ft
7,020 sq ft
680 (10%)
$ Per Lot Sq Ft
$164
$93
$72 (77%)

Net Operating Income
$29,327
-$4,419 (-15%)
Annual Revenue
$44,400
$45,600
-$1,200 (-3%)
$13,826
$5,666 (41%)
Net Operating Income
$29,327
-$4,419 (-15%)
Cap Rate
4.12%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians