Michael Puhek
Re/Max Success
(805) 329-6189
106 Total Sales
3 in Los Osos
$249K - $2.3M Price Range
1186 16th St Los Osos, CA 93402
Los Osos AreaEstimated Value: $909,601
5
Beds
3
Baths
1,967
Sq Ft
$462/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
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
Property Details
Home Type
- Multi-Family
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2024
Closed on
Sep 24, 2024
Sold by
Bought by
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
-$640,399
Avg. Annual Appreciation
-25.27%
Purchase Details
Closed on
Dec 27, 2018
Sold by
Bought by
Purchase Details
Closed on
Nov 22, 2002
Sold by
Bought by
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%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Los Osos, CA
-
Michael Puhek
-
Courtney Huckabay
Courtney Huckabay
Comet Realty
(805) 519-8092
61 Total Sales
10 in Los Osos
$400K - $1.4M Price Range
-
Kristina Kidwell
Kristina Kidwell
San Luis Bay Realty
(833) 659-7908
28 Total Sales
6 in Los Osos
$729K - $1.3M Price Range
-
Sara Corliss
Sara Corliss
Century 21 Masters
(805) 303-7386
21 Total Sales
4 in Los Osos
$769,700 Price Range
-
Kellye Grayson
Kellye Grayson
The Avenue Central Coast Realty, Inc.
(805) 250-4808
24 Total Sales
4 in Los Osos
$765K - $1.2M Price Range
-
Jamie Speaks
Jamie Speaks
eXp Realty of California, Inc.
(805) 303-3368
63 Total Sales
2 in Los Osos
$699K - $825K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $775,000 | First American Title | ||
| -- | None Available | ||
| -- | First American Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $175,200 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $12,917 | $790,500 | $382,500 | $408,000 |
| 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
Seller's Agent in 2024
Jody Neal
Berkshire Hathaway HomeServices California Properties
(805) 252-9267
33 Total Sales
-
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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2026 Santa Barbara Multiple Listing Service. All rights reserved.
Nearby Homes
Your Personal Tour Guide
Ask me questions while you tour the home.