1172 1186 16th Street, Los Osos, CA 93402
Property
Sold October 2024
Listing Agent: Jody Neal (DRE #01995725) · Listing Office: Berkshire Hathaway HomeServices California Properties · Contact: 805-687-2666 · Bought with: Lorraine Sterkel · Horizon Realty & Property Mgt · MLS #24429607 · Source: CRMLS
About this property
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
Listing description from the October 2024 sale, as reported to CRMLS.
Sale history