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1172 16th St Los Osos, CA 93402
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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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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Horizon Realty & Property Mgt