Movoto Real Estate
Sold on 09/13/2024

1186 16th St, Los Osos, CA 93402

  • $1,532,000

    Last sold 09/13/2024 for $1.55M

  • 10

    bed

  • 6

    bath

Multi-family not for sale
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About 1186 16th St

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Lot size 6,098 Sqft
Movoto estimate
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 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
Listed by
Listing Agent - Jody Neal
Listing Office - Berkshire Hathaway HomeServices California Properties
Source: Santa Barbara AOR mls logo
MLS#24-2724 • last updated 1 year ago
Movoto checked Santa Barbara AOR for data 14 minutes ago
Overview
MLS # 24-2724
Status Closed
Lot Size (Acres) 0.14
Lot Size (Sqft) 6098.4
Year Built 1980
Interior
Location
Area 97 - OUT OF AREA
Elementary School Other
Middle School Other
High School Other
APN 038-091-045
Multifamily Details
Total # of Units 4
$1.53M
Range: $1.34M-$1.71M
Last 30 days 
  • Aug 2024
    mls logo MLS # 24-2724
  • Aug 19, 2024 Listed
    $1,683,000
  • 1186 16th St
    $1.55M
  • 97 - Out Of Area
  • 93402
    $995K -9% y/y
  • Los Osos
    $995K -8% y/y
No chart available
Statistics calculated by Movoto

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8/10
Source: GreatSchools.org © 2026. All rights reserved.

Around 97 - Out Of Area

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  • 1186 16th St
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