1244 Santa Ynez Avenue

Los Osos, CA 93402

  • beds
  • baths
  • sqft
  • ~2 acre lot
  • 1970 build
  • on site

Incredible Garden-Style Apartment Ownership opportunity with appealing income! 6% Cap Rate. 23 Units sprawled out on 2 acres. In demand rentals! Fully occupied. A collection of 11 Duplex Buildings with Unit Mix is (10) 1BDR and (12) 2BDR/1BTH. Additionally, 1 freestanding 2 BDR home and 6 Storage Units! Yard space for tenants and great location add to the appeal. Rarely do large apartment complexes become available on the Central Coast! The extremely desirable Coastal Community of Los Osos has a building moratorium in place now for 1...2...yes 3 decades now with no new housing and very limited apartment complexes built the area. Existing rents are at market rate. Cosmetic Building improvements may increase rents considerably. Current Gross Income generating over $400,000 Annual! New Roofs and Paint completed approx. 3YRs ago. Excellent long term investment opportunity in a not so sleepy Coastal town! Schedule a Private Showing

Listing courtesy of CRMLS_CA / Jay Chiasson / Navigators Real Estate

Last checked: about 1 hour ago • Last updated Aug 10, 2020 • Source: CRMLS_CA

MLS# SC20154435 — Report a problem

Amenities & Taxes

The Building

Year Built:
1970
Year Built Source:
Estimated
New Construction:
No
Common Walls:
1 Common Wall
Total Number Of Units:
23

Interior

Laundry:
Common Area
Fireplace:
No
Fireplace:
None
Levels:
One

Location

Directions:
Mountain View to Santa Ynez
Latitude:
35.31553900
Longitude:
-120.82643700

The Property

Zoning:
RMF
Lot Size Area:
89273.0000
Lot Size Acres:
2.0494
Lot Size Square Feet:
89273.00
Lot Features:
16-20 Units/Acre, Lot Over 40000 Sqft
Additional Parcels:
No

Listing Agent

Sign up to see info
No listing contact info available

Taxes

Tax Lot:
B

The Listing

Parcel Number:
074223003

Heating & Cooling

Heating:
Baseboard, Wall Furnace

Utilities

Sewer:
Public Sewer
Water Source:
Public

The Community

Subdivision:
Town of El Moro(680)
Assessments:
Sewer Assessments
Senior Community:
No
Features:
Biking, Preserve/Public Land
Pool:
None
Private Pool:
No

Parking

Parking:
Yes
Parking:
Asphalt
Parking Spaces:
6.00
Garage Spaces
6.00

!
Never miss new listings

Be the first to know about new listings between $3,000,000–the sky in this neighborhood

We’ll never spam you or sell your details. You can unsubscribe whenever you’d like.

Your commute

WalkScore®

44
Car-Dependent

Provided by WalkScore® Inc.

Soundscore™

78 Moderate

Provided by HowLoud

Loud Moderate Quiet

Max Internet Speed

Charter Spectrum

Provided by BroadbandNow®

View a full report

Sale history

DateEventSourcePrice% Change
Sold Subject To ContingenciesCRMLS_CA$4,500,000
Listed / ActiveCRMLS_CA$4,500,000

Schools

8

Los Osos Middle School

Public 6-8

6

Baywood Elementary School

Public K-5

8

Morro Bay High School

Public 9-12

6

Baywood Elementary School

Public K-5

9

Monarch Grove Elementary School

Public K-5

N/A

San Luis County Special Education

Public K-12

6

Del Mar Elementary School

Public K-5

N/A

The Laureate School

Private K-7

8

Los Osos Middle School

Public 6-8

N/A

San Luis Obispo County Community

Public 6-12

N/A

San Luis County Special Education

Public K-12

N/A

San Luis Obispo County Juvenile Court

Public 6-12

N/A

The Laureate School

Private K-7

8

Morro Bay High School

Public 9-12

N/A

San Luis Obispo County Community

Public 6-12

N/A

San Luis County Special Education

Public K-12

N/A

San Luis Obispo County Juvenile Court

Public 6-12

1

Grizzly Youth Academy

Public 10-12

N/A

The Laureate School

Private K-7

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Want a closer look?
Go see 1244 Santa Ynez Avenue
1244 Santa Ynez Avenue
Yes, in submitting this request I am asking Estately and their designated agent to contact me with more information. Estately may share my information so that I may be contacted about my real estate needs.
Or Call Toll Free 1-800-241-3327
We guarantee that we’ll never spam you.

This multifamily located in Los Osos, CA 93402 is currently for sale for $4,500,000. 1244 Santa Ynez Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 9 days. This multifamily is in the attendance area of Los Osos Middle School, Baywood Elementary School, and Morro Bay High School.

Listing Courtesy of: CRMLS_CA and Navigators Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 21:57 on Aug 10.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Copyright © 2020 Estately, Inc. Data displayed here has not been verified by Estately.