Los Osos, CA 93402,1172 16th St
Los Osos, CA 93402,1172 16th St
Los Osos, CA 93402,1172 16th St
15
$1,550,000
$1,683,000
7.9%
Est.Price: ?

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10 BD
6 BA
3,984 SqFt

1172 16th St Los Osos, CA 93402

Est. payment /mo
SOLD DATE : 10/03/2024

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Key Details

Sold Price $1,550,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,984 sqft

Price per Sqft $389

MLS Listing ID 24-429607

Bedrooms 10

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 Los Osos

Zoning RSF

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Flooring Carpet, Mixed

Equipment Other

Exterior

Garage Garage - 2 Car

Garage Spaces 8.0

Building

Lot Description 2-4 Lots

Schools

School District San Luis Coastal Unified School District

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Berkshire Hathaway HomeServices California Propert
Bought with Horizon Realty & Property Mgt

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Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

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