Seller's Agent in 2024
Jody Neal
Berkshire Hathaway HomeServices California Properties
(805) 252-9267
3 in this area
41 Total Sales
1186 16th St Los Osos, CA 93402
Estimated Value: $749,000 - $1,534,000
5
Beds
3
Baths
1,967
Sq Ft
$493/Sq Ft
Est. Value
About This Home
As of October 2024Prime 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
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01995725 Listed on: 08/19/2024
Last Buyer's Agent
Non Member Agent
Non Member Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,440
Year Built
- Built in 1980
Lot Details
- 6,098 Sq Ft Lot
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 038-091-045
- Seller Concessions Offered
- Seller Will Consider Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2024
Closed on
Sep 24, 2024
Sold by
Starr Trust and Sherman & Katherine Starr Revocable Trus
Bought by
2019 J W Halford Separate Property Trust and Halford
Seller's Agent
Jody Neal
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,683,000
Sold Price
$1,550,000
Premium/Discount to List
-$133,000
-7.9%
Views
14
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
-$580,354
Avg. Annual Appreciation
-36.30%
Purchase Details
Closed on
Dec 27, 2018
Sold by
Starr Sherman M and Desoto Courtney
Bought by
Starr Sherman M and Desoto Courtney
Purchase Details
Closed on
Nov 22, 2002
Sold by
Starr Sherman
Bought by
Starr Sherman and Starr Katherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
5.97%
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 |
|---|---|---|---|
| 2019 J W Halford Separate Property Trust | $775,000 | First American Title | |
| Starr Sherman M | -- | None Available | |
| Starr Sherman | -- | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Starr Sherman | $175,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2024 10/03/24 | Sold | $1,550,000 | -7.9% | $788 / Sq Ft |
| 09/13/2024 09/13/24 | Pending | -- | -- | -- |
| 08/19/2024 08/19/24 | For Sale | $1,683,000 | -- | $856 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
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 |
|---|---|---|---|---|
| 2025 | $13,440 | $775,000 | $375,000 | $400,000 |
| 2024 | $6,355 | $850,000 | $450,000 | $400,000 |
| 2023 | $6,355 | $219,130 | $93,909 | $125,221 |
| 2022 | $6,646 | $214,834 | $92,068 | $122,766 |
| 2021 | $6,544 | $210,622 | $90,263 | $120,359 |
| 2020 | $6,321 | $208,463 | $89,338 | $119,125 |
| 2019 | $6,698 | $204,377 | $87,587 | $116,790 |
| 2018 | $5,963 | $200,370 | $85,870 | $114,500 |
| 2017 | $4,910 | $196,442 | $84,187 | $112,255 |
| 2016 | $3,578 | $192,591 | $82,537 | $110,054 |
| 2015 | $3,545 | $189,699 | $81,298 | $108,401 |
| 2014 | $3,366 | $185,984 | $79,706 | $106,278 |
Source: Public Records
Agents Affiliated with this Home
-
Jody Neal
-
N
Buyer's Agent in 2024
Non Member Agent
Non Member Office
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-2724
APN: 038-091-045
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