Los Osos, CA 93402,1172 1186 16th ST
Los Osos, CA 93402,1172 1186 16th ST
Los Osos, CA 93402,1172 1186 16th ST
Los Osos, CA 93402,1172 1186 16th ST
Los Osos, CA 93402,1172 1186 16th ST
Los Osos, CA 93402,1172 1186 16th ST
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$1,550,000

$1,683,000

7.9%
Est.Price: ?

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Est. payment /mo

10 Beds

6 Baths

3,984 SqFt


SOLD DATE : 10/03/2024

Key Details

Sold Price $1,550,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,984 sqft

Price per Sqft $389

MLS Listing ID 24429607

Sold Date 10/03/24

Bedrooms 10

HOA Y/N No

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 Osos - Los Osos

Zoning RSF

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet

Fireplace No

Exterior

Garage Door-Multi, Garage

Garage Spaces 4.0

Garage Description 4.0

Total Parking Spaces 8

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 038091045

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jody Neal • Berkshire Hathaway HomeServices California Properties
Bought with Lorraine Sterkel • Horizon Realty & Property Mgt
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4040 Barranca Pkwy, Irvine, CA, 92604

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