1587 Fountain Ave Oceano, CA 93445

2 beds · 1 bath · 884 sq ft · Lot Size: 6,250 sq ft · Single Family Home
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1587 Fountain 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 1973 and is approximately 52 years old. The single family home spans 884 sq ft with 2 bedrooms and 1 bathroom and sits on a 6250 sq ft lot. According to public records, it was last sold in 2002 for $274,500. Analyze and compare real estate investment strategies for properties like this home at 1587 Fountain Ave Oceano, CA 93445 with Property Intel by Whitepages.

Investment Potential for 1587 Fountain Ave

The property has a current estimated value of $985,135, which is 26% above the zip median, based on public records. It last sold on August 22, 2002 for $275K. Projected long-term
is $45,600 annually ($3,800 per month) with a 80% occupancy rate.

Long-Term

Gross Rental
$45,600 per year($3,800 per month)
Net Operating Income
Cap Rate
Occupancy Rate
80%in 93445 zip code
 
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Owners & Occupancy for 1587 Fountain Ave

This property is owned by Denise Koscielni Broadwell. Owner contact information includes 4 phone numbers and 4 email addresses.

Property Owners

OccupationWedding Photographer, Denise Broadwell Photography
Cell Phone(831) ***-****
Residence**************
Landline(831) 475-5993+ 1 more
Distance from Property**********
Email Address**@denisebroadwell.com
Cell Phone(831) ***-****
Residence**************
Landline(831) 475-5993
Distance from Property**********
Email Address************@netscape.net

Property Ownership Information

Purchase DateAugust 22, 2002
Property Tax Amount$5,094 in 2024
Purchase Price$274,500

Occupancy

Resident 1*************

Property Details for 1587 Fountain Ave

Property Details

Property Sq Ft

Living Area

884 sq ft

Compare to 93445

Lot Size

6,250 sq ft

Compare to 93445

Price Per Sq Ft

Living Area

$1,114 / sq ft

Compare to 93445

Lot Size Area

$158 / sq ft

Compare to 93445
Property condition, age, exterior, etc. for 1587 Fount…
Longitude: -120.620441 Latitude: 35.101425 Parcel Number (APN): 061-046-042…
Mortgage originated on through lender: Santa Cruz Mtg Co for$******View Mortgage Details
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Market Benchmarks

Compare data for 1587 Fountain 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
$985,135
$561,307
$423,828 (76%)
$704,713
$547,892 (78%)
YoY Price Change
1.67%
-58%
Year Built
1973
1952
21 years
Living Space
884 sq ft
1,134 sq ft
-250 (-22%)
$ Per Living Sq Ft
$1,114
$494
$621 (126%)
Lot Size
6,250 sq ft
6,300 sq ft
-50 (-1%)
$ Per Lot Sq Ft
$158
$97
$61 (62%)

Net Operating Income
$31,816
-$4,539 (-14%)
Annual Revenue
$45,600
$46,200
-$600 (-1%)
$11,934
$6,389 (54%)
Net Operating Income
$31,816
-$4,539 (-14%)
Cap Rate
4.88%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians