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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/7/2024 at 12:16 PM UTC

 

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