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
Sold for $1,550,000 on 10/03/24
$1,550,000
1172-1186 16th St, Los Osos, CA 93402
10beds
6baths
3,984sqft
Multi Family
Built in 1980
-- sqft lot
$1,555,800 Zestimate®
$389/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 03, 2024 at 03:14am
Listed by:
Jody Neal DRE # 01995725 805-252-9267,
Berkshire Hathaway HomeServices California Properties 805-687-2666
Bought with:
Lorraine Sterkel, DRE # 00648760
Horizon Realty & Property Mgt
Jeff Elmerick, DRE # 01271776
Horizon Realty & Property Mgt
Source: CLAW,MLS#: 24-429607

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Heating
- Wall
Cooling
- None
Features
- Flooring: Carpet, Mixed
Interior area
- Total structure area: 3,984
- Total interior livable area: 3,984 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage - 2 Car
- Garage spaces: 4
- Uncovered spaces: 2
Features
- Levels: One
Lot
- Size: 0.29 Acres
- Features: 2-4 Lots
Details
- Additional structures: None
- Parcel number: 038091045
- Zoning: RSF
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1980
Community & neighborhood
Location
- Region: Los Osos
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,555,800
2% more+ $31,116
With Zillow Showcase(estimated)
$1,586,916