Sold
Closed
1172 1186 16th Street
Los Osos CA, 93402
$1,550,000
$389.06 per sqft
Sold
Closed
10 Beds
6 Baths
3,984 sqft
Residential
Built in 1980
Listed by Jody Neal with Berkshire Hathaway HomeServices California Properties 805-252-9267
Prime Investment Opportunity in Los Osos Fully Occupied Duplexes with Strong Cap RateSeize this unique chance to acquire a pair of duplexes in the desirable community of Los Osos, featuring a total of 4 units: two spacious 3-bed/2-bath and two well-appointed 2-bed/1-bath units, all fully occupied by long-term tenants. These properties have undergone comprehensive building, pest, and sewer lateral line inspections, providing peace of mind for any discerning investor. Priced strategically to reflect market demand, this package offers a cap rate exceeding 5%, making it a standout investment.Each duplex may be purchased independently, though the seller prefers a single transaction for both. Residents enjoy the tranquil coastal lifestyle of Los Osos, with easy access to Montaa de Oro State Park, excellent schools, and a welcoming community. This is a rare opportunity to secure a high-yield investment in a thriving rental market
24429607
MLSⓇ ID
August 5, 2024
Listed
October 7, 2024
Updated
Map
1172 1186 16th Street
Los Osos CA, 93402
Interior Features
Total Stories
1
Bedrooms
10
Total Bathrooms
6
Floor Description
Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.29 Acres
Other Property Details
Area Name
OSOS - Los Osos
Days on Market
39
Garage
Yes
Garage Spaces
4
Parking
Door-Multi, Garage
Parking Total
8
View
No
County
San Luis Obispo
Pool
No
Zoning
RSF
Listing History
Date | Event | Price |
|---|---|---|
10/3/2024 | Sold | $1,550,000 |
9/13/2024 | Pending | — |
Listing Contact: 805-687-2666
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/7/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/7/2024 at 12:16 PM UTC