Seller's Agent in 2023
Karen Peek
Peek Realty
(805) 464-2914
7 in this area
48 Total Sales
1087 Nipomo Ave Unit A Los Osos, CA 93402
Los Osos NeighborhoodEstimated Value: $925,000 - $983,425
5
Beds
3
Baths
1,999
Sq Ft
$479/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Fishing
- Private Yard
- Baywood Elementary School Rated A-
- Midcentury Modern Architecture
- No HOA
About This Home
As of December 2023Welcome to this fantastic duplex opportunity in the charming community of Los Osos! This well-maintained duplex presents an excellent chance for both homeowners and investors alike. With a 3-bedroom unit and a 2-bedroom unit, this property offers versatile options for living and income generation.
The duplex has been lovingly cared for by the seller and is ready for its new owners. Whether you're looking to rent out one unit and live in the other, or rent out both for maximum income potential, this property has you covered. Imagine the possibilities – passive income stream, assistance with mortgage payments, or simply capitalizing on the robust rental market.
Step into the turnkey units and be impressed by their layouts and thoughtful design. The shared courtyard serves as a delightful buffer space between the units, perfect for outdoor gatherings, relaxation, or even creating your own oasis. The fenced front yard adds to the appeal, providing a safe play area for kids and pets, or an ideal spot to cultivate your own garden in the raised beds.
Each unit boasts its own detached garage, ensuring convenience and privacy for occupants. Ample parking is no issue with the wide driveway and street shoulder available. Located just minutes from Los Osos Valley Road and a short 15-minute drive from San Luis Obispo, this duplex enjoys easy access to urban amenities while maintaining a serene residential vibe.
Explore the nearby Baywood and Los Osos neighborhoods, brimming with dining options and nature-centric activities. But the true gem is the breathtaking Montana De Oro State Park, offering stunning landscapes and outdoor adventures practically at your doorstep.
Don't let this investment opportunity slip away – a turnkey duplex with income potential in such a desirable location is a rare find. Whether you're a savvy investor or a buyer looking for a smart homeownership solution, this duplex in Los Osos is a must-see. Seize the chance to own a piece of this captivating coastal community today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,445
Year Built
- Built in 1975
Lot Details
- 6,250 Sq Ft Lot
- Lot Dimensions are 60x100
- Property fronts a county road
- 1 Common Wall
- Wood Fence
- Private Yard
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Driveway Level
Home Design
- Duplex
- Midcentury Modern Architecture
- Slab Foundation
- Wood Siding
- Stucco
Interior Spaces
- 1,999 Sq Ft Home
- 1-Story Property
- Storage
- Neighborhood Views
Kitchen
- Gas Range
- Dishwasher
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Central Heating
- Wall Furnace
- Sewer Assessments
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 2
- Assessor Parcel Number 038631026
- $1 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Town Of El Moro Subdivision
- Foothills
Recreation
- Golf Course Community
- Fishing
- Water Sports
- Horse Trails
- Hiking Trails
- Bike Trail
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $58,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2023
Closed on
Nov 8, 2023
Sold by
Mccalley Kevin D and Mccalley Laura E
Bought by
Price Vance Chilcott
Seller's Agent
Karen Peek
Peek Realty
Buyer's Agent
Tim Riley
Century 21 Masters
List Price
$925,000
Sold Price
$885,000
Premium/Discount to List
-$40,000
-4.32%
Total Days on Market
15
Views
159
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,856
Avg. Annual Appreciation
1.98%
Original Mortgage
$75,000
Outstanding Balance
$74,149
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$836,338
Purchase Details
Closed on
Jul 12, 2016
Sold by
Osweiler James
Bought by
Mccalley Kevin D and Mccalley Laura E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 9, 1998
Sold by
Hollingsworth James B and Hollingsworth Jeannette M
Bought by
Hollingsworth James B and Hollingsworth Jeannette M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.17%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 10, 1996
Sold by
Hollingsworth James B and Hollingsworth Jeannette M
Bought by
Hollingsworth James B and Hollingsworth Jeannette M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Price Vance Chilcott | $885,000 | First American Title | |
| Mccalley Kevin D | $545,000 | Fidelity National Title Co | |
| Hollingsworth James B | -- | -- | |
| Hollingsworth James B | -- | -- | |
| Hollingsworth James B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Price Vance Chilcott | $75,000 | |
| Previous Owner | Mccalley Kevin D | $459,000 | |
| Previous Owner | Mccalley Kevin D | $310,000 | |
| Previous Owner | Hollingsworth James B | $200,000 | |
| Previous Owner | Hollingsworth James B | $100,000 | |
| Previous Owner | Hollingsworth James B | $83,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $885,000 | -4.3% | $443 / Sq Ft |
| 09/14/2023 09/14/23 | Pending | -- | -- | -- |
| 08/30/2023 08/30/23 | For Sale | $925,000 | -- | $463 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,445 | $620,112 | $256,008 | $364,104 |
| 2023 | $11,445 | $607,954 | $250,989 | $356,965 |
| 2022 | $10,578 | $596,034 | $246,068 | $349,966 |
| 2021 | $10,809 | $584,348 | $241,244 | $343,104 |
| 2020 | $9,662 | $578,357 | $238,771 | $339,586 |
| 2019 | $9,501 | $567,018 | $234,090 | $332,928 |
| 2018 | $9,640 | $555,900 | $229,500 | $326,400 |
| 2017 | $9,190 | $545,000 | $225,000 | $320,000 |
| 2016 | $3,445 | $180,194 | $69,866 | $110,328 |
| 2015 | $3,414 | $177,488 | $68,817 | $108,671 |
| 2014 | $3,246 | $174,012 | $67,469 | $106,543 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Peek
-
Seth Peek
Seller Co-Listing Agent in 2023
Seth Peek
Peek Realty
(805) 470-9577
6 in this area
30 Total Sales
-
Tim Riley
Buyer's Agent in 2023
Tim Riley
Century 21 Masters
(805) 748-1197
4 in this area
125 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS23161088
APN: 038-631-026
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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