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Sold for $1,550,000 on 10/03/24
  • $1,550,000

    1186 16th St, Los Osos, CA 93402

    10beds
    6baths
    --sqft
    Multi Family
    Built in 1980
    -- sqft lot
    $774,900 Zestimate®
    $--/sqft
    $3,448 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 Monta de Oro State Pa rk, 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: March 24, 2025 at 09:21am

    Listed by:

    Jody Neal 01995725 805-252-9267,

    Berkshire Hathaway HomeServices California Properties

    Bought with:

    Non Member Agent

    Non Member Office

    Source: SBMLS,MLS#: 24-2724MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    Features
    • Has fireplace: No

    Property

    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 038091045
    • Zoning: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1980

    Community & neighborhood

    Location
    • Region: Los Osos

    Other

    Other facts
    • Listing terms: Cash,Ctnl
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $774,900
    2% more+ $15,498
    With Zillow Showcase(estimated)
    $790,398