385 McCarthy Ave, Oceano, CA 93445
OFF MARKET
Listed by Narlene Carter Keenan, Keller Williams Realty Central Coast, (805) 801-9032 . Bought with NONMEMBER MRML

$1,351,200

Trulia Estimate
  • 8 Beds
  • 7 Baths
  • 4,074 sqft

385 McCarthy Ave, Oceano, CA 93445

Est. Refi. Payment $8,421/mo*
Refinance Your Home
Currently Off Market - Sold Apr 18, 2024 for $1,490,723

Home Value

Trulia Estimate
$1.35M
Since last month
Decreased$29K (-2.1%)
Since last year
Decreased$166K (-10.9%)
Since last sale
Decreased$138K (-9.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -21% in the last 10 years
MonthEstimated value
2026
August 2026$1.35M
August 2026$1.35M
July 2026$1.38M
June 2026$1.38M
May 2026$1.37M
April 2026$1.36M
March 2026$1.38M
February 2026$1.43M
January 2026$1.35M
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1234 Seabright Ave, Grover Beach, CA
1.04
Multi-Family Home
$1,245,000
08/10/26
6
3
2,632
1700 22nd St, Oceano, CA
1.20
Multi-Family Home
$975,000
12/11/25
8
4
3,113
1960 Beach St, Oceano, CA
1.11
Multi-Family Home
$1,760,000
08/05/26
12
10
5,500
1401 21st St, Oceano, CA
1.09
Multi-Family Home
$789,000
03/12/26
5
3
1,552
560 S 12th St, Grover Beach, CA
1.00
Multi-Family Home
$800,000
02/04/26
4
2
1,620
2120 Paso Robles St, Oceano, CA
1.14
Multi-Family Home
$825,000
03/25/26
4
2
1,755
359 N 3rd St, Grover Beach, CA
1.37
Multi-Family Home
$895,000
07/09/26
4
2
2,080
2011 Paso Robles St, Oceano, CA
1.07
Multi-Family Home
$690,000
05/08/26
3
2
1,128

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
364 McCarthy Ave, Oceano, CA 93445
0.03
$1,674,000
4
3.5
2,772
For Sale
377 Juanita Ave #6, Oceano, CA 93445
0.05
$325,000
-
-
-
For Sale
357 McCarthy Ave, Oceano, CA 93445
0.04
$1,220,000
3
3
2,218
Recently Sold
370 Pier Ave, Oceano, CA 93445
0.03
$499,000
-
-
-
For Sale
338 Mccarthy Avenue, Oceano, CA 93445
0.07
$425,400
-
-
-
Off Market
338 McCarthy Ave #36, Oceano, CA 93445
0.07
-
-
-
-
Off Market
444 Pier Ave #30, Oceano, CA 93445
0.08
$362,800
1
1
562
Off Market
444 Pier Ave #31, Oceano, CA 93445
0.08
$279,500
Studio
1
266
Off Market
444 Pier Ave #304, Oceano, CA 93445
0.08
$482,200
2
2
-
Off Market
444 Pier Ave #3, Oceano, CA 93445
0.09
$332,500
1
1
562
Recently Sold
444 Pier Ave #4, Oceano, CA 93445
0.09
$361,000
1
1
562
Off Market

Local Information

  • Map ViewExplore the area around 385 McCarthy Ave.
  • Schools1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1989
4,074 sqft
$332/sqft
Garage

About this House

Welcome to an exceptional investment opportunity just steps away from the "drive on" Pismo Coast State Beach. This unique 5-plex property, comprised of a 2 bedroom 1 bath house and a fourplex, presents an ideal chance for both a residence and income generation. Positioned within a stone's throw of the beach entrance, the small older home is a accompanied by a 4 plex providing diverse options for both tenants and potential rental income. The fourplex consist of two well-appointed 1-bedroom, 1-bathroom apartments and two larger 2-bedroom, 2-bathroom units. Each unit is designed for functionality and comfort, offering a versatile opportunity to cater to different tenant needs. A detached 2 car garage is situated behind the house with alley access and the fourplex has a roof top deck with Ocean Views. Each apartment has a fully equipped kitchen and a fireplace. The apartment building has 6 parking spaces and a laundry room with coin operated washer and dryer. The layout of this property sets the stage for an astute investment strategy, allowing an owner to reside in the main house while leasing out the separate units. Alternatively, one can choose to rent out the entire complex for a robust investment return in this highly sought-after coastal locale.
385 McCarthy Ave, Oceano, CA 93445 is a 8 bedroom, 7 bathroom, 4,074 sqft multi-family built in 1989. It last sold for $1,490,723 on Apr 18, 2024 (10% below the $1,650,000 asking price). More recently, it was listed as a rental in August 2026 with an asking price of $2,100 per month. That rental listing was removed on August 28, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,351,200, with a rent estimate of $2,540/month.

Home Details for 385 McCarthy Ave

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Master Bedroom
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 7
Appliances & Utilities
Utilities: Cable Available, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Gas RangeDishwasherLaundry: Common Area,Laundry Room
Heating & Cooling
Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
Fireplace: Living RoomHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: CarpetCommon Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Number of Stories: 1Entry Location: front door hseFloors: Carpet
View
Has a ViewView: Ocean
Security
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Composition ShingleFencing: WoodFoundation: RaisedNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 6Has a GarageNo Attached GarageParking Spaces: 8Parking: Assigned,Garage
Pool
Pool: None
Frontage
Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 53

Property Information

Year Built
Year Built: 1989
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Wood SidingNot a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Condition: Updated/RemodeledIncluded in Sale: Appliances owned by sellerParcel Number: 061012043

Price & Status

Price
List Price: $1,650,000
Status Change & Dates
Off Market Date: Mon Feb 26 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: OceanoCommunity: Oceano(350)

Building

Building Area
Building Area: 4074 Square Feet

Community

Community Features: Biking, Fishing, Park, Street LightsNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 8280 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan

Business

Expense
Tenant Pays: Electricity, Gas

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: PI24001255Living Area Range Units: Square FeetWater ViewWater View: OceanAttribution Contact: 805-801-9032Common Interest: Community ApartmentUniversal Property Id: US-06079-N-061012043-R-N

Additional Information

BikingFishingParkStreet Lights

Price and Tax history

DateEventPrice
Aug 28, 2026
Source: CRMLS #PI26187509
ListingRemoved
$2,100
Aug 26, 2026
Source: CRMLS #PI26187509
Listed For Rent
$2,100
Aug 3, 2025
Source: CRMLS #PI25115567
ListingRemoved
$2,100
Jul 12, 2025
Source: CRMLS #PI25115567
PriceChange
$2,100
Price decreased by 5%
May 23, 2025
Source: CRMLS #PI25115567
Listed For Rent
$2,200

Market trends in Oceano

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
14
1MoM

Around this home

What Locals Say about Oceano

At least 33 Trulia users voted on each feature.

  • 94 % Say car is needed

  • 86 % Say it's dog friendly

  • 74 % Say yards are well-kept

  • 67 % Say parking is easy

  • 67 % Say there are sidewalks

  • 66 % Say there's holiday spirit

  • 63 % Say it's walkable to grocery stores

  • 61 % Say there's wildlife

  • 60 % Say they plan to stay for at least 5 years

  • 56 % Say it's walkable to restaurants

  • 50 % Say kids play outside

  • 49 % Say neighbors are friendly

  • 43 % Say people would walk alone at night

  • 39 % Say it's quiet

  • 33 % Say streets are well-lit

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Thedannyc
    "I normally feel safe walking here during all parts of the day or night. The Sherriff’s Dept regularly patrol the area and I rarely see any reason for them to hassle the public."
    0
    Flag

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-12 00:58:58 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Frequently asked questions about 385 McCarthy Ave

  • What is 385 McCarthy Ave estimated to be worth?
    Trulia's estimated value for 385 McCarthy Ave in Oceano, CA is $1,351,200.
  • What is the price history for 385 McCarthy Ave?
    385 McCarthy Ave in Oceano, CA last sold for $1,490,723 in April 2024.
  • Is Oceano a buyer's or seller's market?
    Oceano is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Oceano?
    Residents describe Oceano, CA as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Oceano, CA.
  • Does 385 McCarthy Ave have laundry facilities?
    Yes, 385 McCarthy Ave in Oceano, CA has laundry facilities.

Explore by feature - Pet Friendly

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

Apartments for Rent

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Off Market Homes Near 385 McCarthy Ave

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