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1172 1186 16th ST Los Osos, CA 93402
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Key Details
Sold Price $1,550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,984 sqft
Price per Sqft $389
MLS Listing ID 24429607
Sold Date 10/03/24
Bedrooms 10
HOA Y/N No
Year Built 1980
Lot Size 0.287 Acres
Property Description
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
Location
State CA
County San Luis Obispo
Area Osos - Los Osos
Zoning RSF
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet
Fireplace No
Exterior
Garage Door-Multi, Garage
Garage Spaces 4.0
Garage Description 4.0
Parking Type Door-Multi, Garage
Total Parking Spaces 8
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 038091045
Special Listing Condition Standard
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Bought with Lorraine Sterkel • Horizon Realty & Property Mgt
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