$2,995,000
1111 Strand Way
Oceano, CA, 93445
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.
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 Details
Price:
$2,995,000
MLS #:
PI26194623
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Triplex
Subdivision:
Oceano350
Neighborhood:
ocnooceano
Listed Date:
Sep 4, 2026
Total Sq Ft:
3,869
Lot Size:
5,980 sqft / 0.14 acres (approx)
Year Built:
2016
Units:
3
Schools
Interior
Appliances
ENERGY STAR Qualified Appliances, Water Heater, Disposal, Microwave, Built-In Range, Gas Water Heater, Tankless Water Heater, Vented Exhaust Fan, ENERGY STAR Qualified Water Heater, Range Hood, Gas Oven, Dishwasher
Cooling
Electric, Zoned, ENERGY STAR Qualified Equipment
Flooring
Vinyl, Laminate
Heating
Fireplace(s), Electric, Zoned
Interior Features
Furnished, High Ceilings, Two Story Ceilings, Open Floorplan, Storage, Wired for Sound
Laundry Features
Inside
Levels
Two
Exterior
Accessibility Features
Doors – Swing In, Parking
Architectural Style
Contemporary, Custom Built
Common Walls
2+ Common Walls
Community Features
Preserve/Public Land
Construction Materials
Cement Siding, Concrete, Stucco, Block, Glass, Steel
Covered Spaces
4
Exterior Features
Awning(s), Rain Gutters, Lighting
Fencing
None
Garage Spaces
4
Green Energy Efficient
Construction, Appliances, Windows
Lot Features
Landscaped, Rectangular Lot, Level, Lawn, Yard, Value In Land
New Construction YN
1
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Garage, Garage Faces Side, Asphalt, Private, Oversized, Paved, Driveway, Direct Access, Garage – Two Door, Garage Door Opener
Parking Spots
8
Parking Total
8
Roof
Membrane, Synthetic
Security Features
Security Lights
Spa Features
None
Stories
2
View
Dunes, Ocean, White Water
Waterfront Features
Ocean Side Of Highway 1, Ocean Access, Waterfront With Home Across Road, Beach Access, Beach Front, Ocean Side of Freeway, Ocean Front
Window Features
Double Pane Windows, ENERGY STAR Qualified Windows
Financial
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Map
Current real estate data for Multi Family in Oceano as of Oct 19, 2026
3
Multi Family Listed
57
Avg DOM
$2,098,000
Avg List Price
Community
- Address1111 Strand Way Oceano CA
- SubdivisionOceano(350)
- CityOceano
- CountySan Luis Obispo
- Zip Code93445
Subdivisions in Oceano
Similar Listings Nearby
Property Summary
- Located in the Oceano(350) subdivision, 1111 Strand Way Oceano CA is a Multi Family for sale in Oceano, CA, 93445. It is listed for $2,995,000 To schedule a showing of MLS#pi26194623 at 1111 Strand Way in Oceano, CA, contact your James Outland agent at 8057482262.
Courtesy of Invest SLO. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1111 Strand Way
Oceano, CA