About 1111 Strand Way
A 2016-built oceanfront triplex on Oceano's most coveted street -- Wake up to whitewater. 1111 Strand Way is a rare, purpose-built 2016 triplex on the ocean side of Highway 1 in Oceano — the block where morning light comes in off the Pacific and the dunes roll straight to your balcony rail. Newer-construction multi-family assets with direct Pacific views, CR (Coastal Residential) zoning, and an operating short-term rental history almost never come to market on the Central Coast. Unit mix: Two 2BR / 2BA townhome-style residences with private 2-car garages, and a 1BR / 1BA retreat — all three fully furnished and separately metered for gas and electric. LVP flooring throughout, gas fireplaces, tankless water heaters, ENERGY STAR systems, wall-to-wall windows, high ceilings, and private balconies off every unit. Owned rooftop solar keeps operating costs low and guest reviews high. Flex play: Continue as a professionally managed vacation compound (short-term income history in supplements), convert to long-term coastal rentals, or owner-occupy one unit and let the other two service the debt. Turnkey, furnished, solar-owned — with the same view the single-family homes on this street pay $4M+. Location: Strand Way is the most desirable street in Oceano. Steps to the sand, minutes to Pismo Beach, and a short drive to San Luis Obispo, the SLO airport, and the wine country.
Features of 1111 Strand Way
| MLS® # | PI26194623 |
|---|---|
| Price | $2,995,000 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Lot Size | 5,980 |
| Year Built | 2016 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Style | Contemporary, Custom |
| Status | Active |
| # Of Units | 3 |
Community Information
| Address | 1111 Strand Way |
|---|---|
| Area | OCNO - Oceano |
| Subdivision | Oceano(350) |
| City | Oceano |
| County | San Luis Obispo |
| Zip Code | 93445 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 8 |
| Parking | Door-Multi, Direct Access, Driveway, Garage, Garage Door Opener, Oversized, Paved, Private, Garage Faces Side, Asphalt |
| # of Garages | 4 |
| Garages | Door-Multi, Direct Access, Driveway, Garage, Garage Door Opener, Oversized, Paved, Private, Garage Faces Side, Asphalt |
| View | Ocean |
| Is Waterfront | No |
| Waterfront | Beach Access, Ocean Access, Ocean Front, Across the Road Water Frontage, Beach Front, Ocean Side Of Freeway, Ocean Side Of Highway |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Laminate, Vinyl |
|---|---|
| Interior Features | Furnished, High Ceilings, Open Floorplan, Storage, Two Story Ceilings, Wired for Sound, Bedroom on Main Level, Loft, Main Level Primary, Walk-In Closet(s) |
| Appliances | Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Heater, ENERGY STAR Qualified Water Heater |
| Heating | Electric, Fireplace(s), Zoned |
| Cooling | Electric, ENERGY STAR Qualified Equipment, Zoned |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Gas |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Concrete, Stucco, Block, Cement Siding, Glass, Steel |
|---|---|
| Exterior Features | Awning(s), Lighting, Rain Gutters |
| Lot Description | Lawn, Landscaped, Level, Rectangular Lot, Value In Land, Yard |
| Windows | Double Pane Windows, ENERGY STAR Qualified Windows |
| Roof | Membrane, Synthetic |
| Construction | Concrete, Stucco, Block, Cement Siding, Glass, Steel |
| Foundation | Slab |
Additional Information
| Date Listed | September 4th, 2026 |
|---|---|
| Days on Market | 5 |
| Zoning | CR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Abel Contreras |
|---|---|
| Office | Invest SLO |