$662,500
SOLD JUN 28, 2024
2 Beds
3 Baths
1,184 Sq Ft
6,250 Sq Ft Lot

Recently Sold

$560 Per Sq Ft

2% Above List Price

7 Days on Market

Highlights

  • No HOA
  • Shed
  • Central Heating and Cooling System
  • Monarch Grove Elementary School Rated A

About This Home

As of June 2024

Discover the ultimate opportunity in real estate investment with this fixer upper duplex OR Main home + Mother-in-law in the back. You decide! Nestled in quiet Los Osos, this property boasts two separate units, offering versatility and income potential. Several beaches, including Morro Bay and Montana Del Oro within close proximity. The front unit spans two stories, presenting a spacious layout with 1 bed, 2 baths, and multiple living spaces. Imagine the possibilities to transform these areas into contemporary living quarters for chic rental spaces. Adjacent, the back unit offers convenience with its single-story design, featuring 1 bed, 1 bath, a cozy kitchenette, and a quaint living room. Ideal for tenants seeking privacy or as a guest house for added potential rental income. Step into the courtyard between both properties. Embrace the opportunity to create a lush garden space or utilize the existing sheds for storage or creative projects. With a little vision and TLC, this investment property holds endless potential to maximize returns. Seize the chance to redefine this duplex into a potential business venture or your dream home.

Last Agent to Sell the Property

Blake Shawn

Real Brokerage Technologies License #01956562 Listed on: 05/15/2024

Real Brokerage Technologies

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office License #99999999

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,089

Year Built

  • Built in 1951

Parking

  • No Garage

Home Design

  • Duplex
  • Fixer Upper
  • Shingle Roof

Interior Spaces

  • 1,184 Sq Ft Home
  • 2-Story Property
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Additional Features

  • Shed
  • 6,250 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 038621002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,089

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Lot Size: Buyer to verify.
  • Directions: From S Bay Blvd & Los Osos Valley Rd, go North on S Bay. East on Nipomo Ave. South on Eighth St.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1951
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bedrooms: 2

Exterior Features

  • Pool Private: No
  • Other Structures: Shed(s)
  • Property Condition: Fixer
  • Roof: Shingle

Garage/Parking

  • General Information:Garage: No

Utilities

  • Laundry Features: Outside
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 6250.0
  • Additional Parcels: No
  • Parcel #: 038621002000
  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 10, 2024
Sold by
Building Better Communities Fo
Bought by
Beechwood Llc
Seller's Agent
Blake Shawn
Real Brokerage Technologies
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$649,900
Sold Price
$662,500
Premium/Discount to List
$12,600
1.94%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.16%
Original Mortgage
$690,625
Outstanding Balance
$683,032
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$477,635

Purchase Details

Closed on
Dec 4, 2023
Sold by
California Td Specialists Llc
Bought by
Building Better Communities Foundation and Gonce

Purchase Details

Closed on
Sep 23, 2004
Sold by
Rebensdorf Carol and Farley Carol
Bought by
Rebensdorf Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 1999
Sold by
Rebensdorf John P and Johnson Barbara
Bought by
Farley Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,182
Interest Rate
6.73%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $662,500 Fidelity National Title
Trustee Deed $540,100 Chicago Title
Interfamily Deed Transfer -- --
Grant Deed $86,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $690,625 New Conventional
Previous Owner $287,500 Commercial
Previous Owner $188,500 Commercial
Previous Owner $153,293 Commercial
Previous Owner $122,000 Commercial
Previous Owner $99,182 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2025 08/24/25 Price Changed $1,049,000 -4.5% $632 / Sq Ft
08/21/2025 08/21/25 Price Changed $1,099,000 -8.4% $662 / Sq Ft
08/04/2025 08/04/25 Price Changed $1,200,000 +9.1% $723 / Sq Ft
07/03/2025 07/03/25 Price Changed $1,100,000 -6.4% $663 / Sq Ft
07/01/2025 07/01/25 Price Changed $1,175,000 -1.2% $708 / Sq Ft
06/22/2025 06/22/25 Price Changed $1,189,000 -0.8% $717 / Sq Ft
06/19/2025 06/19/25 For Sale $1,199,000 0.0% $723 / Sq Ft
06/17/2025 06/17/25 Off Market $1,199,000 -- --
06/15/2025 06/15/25 Price Changed $1,199,000 -2.1% $723 / Sq Ft
06/06/2025 06/06/25 Price Changed $1,225,000 -2.0% $738 / Sq Ft
06/01/2025 06/01/25 Price Changed $1,250,000 -1.2% $753 / Sq Ft
05/18/2025 05/18/25 Price Changed $1,265,000 -0.8% $763 / Sq Ft
05/17/2025 05/17/25 For Sale $1,275,000 +92.5% $769 / Sq Ft
06/28/2024 06/28/24 Sold $662,500 +1.9% $560 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $649,900 -- $549 / Sq Ft
Source: Tulare County MLS

Tax History Compared to Growth

Source: Public Records

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 $11,089 $675,750 $382,500 $293,250
2024 $5,340 $650,000 $400,000 $250,000
2023 $5,340 $146,837 $86,752 $60,085
2022 $5,383 $143,958 $85,051 $58,907
2021 $5,225 $141,136 $83,384 $57,752
2020 $5,263 $139,689 $82,529 $57,160
2019 $4,923 $136,951 $80,911 $56,040
2018 $4,790 $134,267 $79,325 $54,942
2017 $4,515 $131,635 $77,770 $53,865
2016 $2,838 $129,055 $76,246 $52,809
2015 $2,815 $127,117 $75,101 $52,016
2014 $2,695 $124,628 $73,630 $50,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 229236

Tulare County MLS

APN: 038-621-002