1250 Los Olivos Ave Los Osos, CA 93402
Los Osos NeighborhoodEstimated payment $3,206/month
Highlights
- Community Stables
- 1.23 Acre Lot
- No HOA
- Baywood Elementary School Rated A-
- View of Hills
- Property is near a preserve or public land
About This Lot
This parcel is #9 on the Los Osos RMF Building List, for 23 homes (& parcel adjacent, #8 for 20 homes). They are the BEST priced CRMLS-listed Residential Multi Family zoned (RMF), potentially developable properties in Coastal SLO County today (7.25.2025), ocean-side from Nipomo to Ragged Point.
This PRIME Coastal location is: 1) Steps from downtown shopping & restaurants in bayside Los Osos. 2) Centrally located between Los Angeles & San Francisco, & loaded with affordable housing options 3) On the same bay and adjacent to the City of Morro Bay. 4) A few minutes South from Cayucos, Cambria, & San Simeon (gateway to Big Sur), and a few minutes North of San Luis Obispo & Pismo Beach.
Since apx. 1988, most of Los Osos has been under a building moratorium. For the first time, construction is moving forward. See Tribune Article pdf (on Virtual Tour).
During the past 40 years, due to public demand, low construction costs, and reliable storage rental income, many coastal properties zoned RMF, were developed into storage complexes, contributing to current shortages in RMF Zoning for homes, County-wide. Although there are many properties zoned for multi-use, (which also allow residential) there are currently only a total of 8 other RMF zoned properties listed RMF in CRMLS, SLO Coastal County-wide as of 7/25/2025. Other zonings may require construction of commercial units, as well as residential, and may restrict financing. Lowest rates & best terms may be limited to Residential or RMF zonings.
Buyer to verify zoning development requirements & details (including building permit issuance timing) with SLO County Planning, and financing with lending institutions.
IMPORTANT NOTE to check with SLO County Planning: Due to habitat conservation & sensitive natural resources, the Los Osos Development Plan is VERY conservative. A) If a property is not on the building list yet, it may not be possible to add it to a building list. B) The number the property has on the building list will determine how soon the property may be developed. Properties with large numbers may take 10+ years.
Listing Agent
Oceanside International Real E Brokerage Email: Sandy@SandyBean.net License #00683212 Listed on: 07/26/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,345
Lot Details
- 1.23 Acre Lot
- Property fronts a county road
- Rectangular Lot
- Paved or Partially Paved Lot
- Gentle Sloping Lot
- The property's topography is gentle slope
- Density is 21-25 Units/Acre
- Property is zoned RMF, RMF
Property Views
- Hills
- Valley
- Neighborhood
Utilities
- Sewer Assessments
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot B
- Assessor Parcel Number 074293016
- $4,194 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Property is near a preserve or public land
Recreation
- Water Sports
- Community Stables
- Horse Trails
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,345 | $116,056 | $116,056 | -- |
| 2023 | $5,345 | $113,781 | $113,781 | $0 |
| 2022 | $5,248 | $111,550 | $111,550 | $0 |
| 2021 | $5,252 | $109,363 | $109,363 | $0 |
| 2020 | $5,236 | $108,242 | $108,242 | $0 |
| 2019 | $5,207 | $106,120 | $106,120 | $0 |
| 2018 | $5,670 | $104,040 | $104,040 | $0 |
| 2017 | $5,642 | $102,000 | $102,000 | $0 |
| 2016 | $5,686 | $106,103 | $106,103 | $0 |
| 2015 | $5,666 | $104,510 | $104,510 | $0 |
| 2014 | $5,558 | $102,463 | $102,463 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2025 07/26/25 | For Sale | $499,950 | +78.6% | -- |
| 06/21/2024 06/21/24 | Sold | $280,000 | -6.4% | -- |
| 05/10/2024 05/10/24 | Pending | -- | -- | -- |
| 07/12/2023 07/12/23 | Price Changed | $299,000 | -8.0% | -- |
| 04/21/2023 04/21/23 | For Sale | $325,000 | +225.0% | -- |
| 03/18/2016 03/18/16 | Sold | $100,000 | -59.7% | -- |
| 03/01/2016 03/01/16 | Pending | -- | -- | -- |
| 02/20/2016 02/20/16 | For Sale | $247,950 | +141.9% | -- |
| 10/19/2012 10/19/12 | Sold | $102,500 | -18.0% | -- |
| 08/17/2012 08/17/12 | Pending | -- | -- | -- |
| 11/20/2010 11/20/10 | For Sale | $124,950 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $280,000 | First American Title | |
| Grant Deed | $100,000 | Fidelity National Title Co | |
| Grant Deed | $102,000 | First American Title Company | |
| Deed In Lieu Of Foreclosure | $140,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | Public | |
| Grant Deed | $270,000 | Chicago Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $73,000 | Seller Take Back | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $200,000 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC25168371
APN: 074-293-016
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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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