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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

    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

    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#: 24-429607MLS Logo

    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