$1,200,000
$1,150,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
1259 4th ST Los Osos, CA 93402
6,250 Sqft Lot
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision ,Baywood
MLS Listing ID SC24135082
Sold Date 08/07/24
HOA Y/N No
Year Built 1981
Lot Size 6,250 Sqft
Property Description
This charming duplex property offers two fully renovated units, with Unit A rented for $2,900/month and Unit B rented for $3,200/month, generating a robust monthly income of $6,100. Both units have been extensively renovated at a cost of more than $200,000, ensuring modern and comfortable living spaces. The back unit has a nice sized backyard and patio to enjoy. Located on the picturesque Central Coast, this duplex is close to shopping, dining, and entertainment, and just minutes away from Montana de Oro State Park, Morro Bay, and numerous outdoor activities like hiking, biking, and kayaking. Nearby amenities include grocery stores, cafes, bakeries, restaurants, schools, and public transportation, ensuring convenience for tenants. With its strong rental market, low vacancy rates, and prime location, this property is a fantastic investment opportunity in a highly desirable area. Don't miss out. Call today to schedule a viewing and secure this lucrative rental property in Los Osos!
Location
State CA
County San Luis Obispo
Area Osos - Los Osos
Zoning RMF
Interior
Heating Forced Air
Flooring Vinyl
Fireplaces Type Living Room
Fireplace Yes
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
Pool None
Community Features Biking, Foothills, Fishing, Golf, Hiking, Horse Trails, Park, Preserve/Public Land, Water Sports
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 038102023
Acceptable Financing 1031 Exchange
Horse Feature Riding Trail
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Kathy Taverner • BHGRE HAVEN PROPERTIES