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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.
Property Type(s):
Residential Income
| Last Updated | 9/4/2026 | Tract | Oceano(350) |
|---|---|---|---|
| Year Built | 2016 | Community | OCNO - Oceano |
| Garage Spaces | 4.0 | County | San Luis Obispo |
Additional Details
| AIR | Electric, ENERGY STAR Qualified Equipment, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Built-In Range, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Oven, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Heater |
| AREA | OCNO - Oceano |
| CONSTRUCTION | Block, Cement Siding, Concrete, Glass, Stucco |
| EXTERIOR | Awning(s), Lighting, Rain Gutters |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Electric, Fireplace(s), Zoned |
| INTERIOR | High Ceilings, Master Downstairs, Open Floorplan, Storage, Walk-In Closet(s), Wired for Sound |
| LOT | 5981 sq ft |
| LOT DESCRIPTION | Landscaped, Level, Rectangular Lot |
| LOT DIMENSIONS | 5980 |
| PARKING | Asphalt, Direct Access, Driveway, Garage, Garage Door Opener, Oversized, Paved, Private, Garage Faces Side |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Contemporary, Custom |
| SUBDIVISION | Oceano(350) |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Ocean |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Beach Access, Beach Front, Ocean Access, Ocean Front |
Location
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Listed with Invest SLO
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