$575,000
$125K PRICE DROP

Estimated payment $3,867/month

Total Views 32,410
0.44 Acre
$1,298,261 Price per Acre
19,293 Sq Ft Lot

Highlights

  • Golf Course Community
  • Bay View
  • Corner Lot
  • Monarch Grove Elementary School Rated A
  • 0.44 Acre Lot
  • 1-minute walk to Los Osos Community Park

About This Lot

Large R-2 Residential Multifamily lot- 180 x 107 / 19,440 sq.ft. with approved plans for a 4-unit Apartment Complex/Condo project "READY TO BUILD!"- Comes with an existing 575 sf Commercial Office building that is currently rented out for $ 1,500.00 per month. Buyer to pay final SLO County Permit Fee's!

Listing Agent

Leon Van Beurden

Bay Osos Brokers Brokerage Phone: 805-801-1133 License #00646313 Listed on: 12/16/2024

Co-Listing Agent

Simon Van Beurden

Bay Osos Brokers Brokerage Phone: 805-801-1133 License #01909180

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,300

Lot Details

  • 0.44 Acre Lot
  • Corner Lot
  • Density is 2-5 Units/Acre
  • Property is zoned RMF

Property Views

  • Bay
  • Rock

Utilities

  • Source of electricity is unknown
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 074371023
  • $1,200 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • Morro Palisades Subdivision
  • Foothills
  • Valley

Recreation

  • Golf Course Community
  • Dog Park
  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$8,300

Lot Details

0

Listing Details

  • Current Use: Multi-Family
  • Subdivision Name Other: Morro Palisades(620)
  • View: Yes
  • Zoning: RMF
  • Property Type: Land
  • Parcel Number: 074371023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 29.80

Exterior Features

  • View: Bay, Rocks

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Connected, Sewer Connected
  • Electric: Electricity - On Property, Electricity - Unknown
  • Water Source: Private

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Dog Park, Foothills, Golf, Hiking, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Sq Ft: 19293.00
  • Lot Size Acres: 0.4429

Multi Family

  • Lot Size Area: 19293.0000 Square Feet

Tax Info

  • Tax Annual Amount: 8300.00
  • TaxOtherAnnualAssessmentAmount: 1200.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $8,431 $334,280 $270,608 $63,672
2023 $8,431 $327,726 $265,302 $62,424
2022 $8,097 $321,300 $260,100 $61,200
2021 $6,015 $174,931 $166,613 $8,318
2020 $3,682 $173,138 $164,905 $8,233
2019 $3,660 $169,744 $161,672 $8,072
2018 $3,648 $166,416 $158,502 $7,914
2017 $3,290 $163,154 $155,395 $7,759
2016 $2,505 $159,956 $152,349 $7,607
2015 $2,480 $157,554 $150,061 $7,493
2014 $2,332 $154,469 $147,122 $7,347
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $575,000 -3.4% $1,000 / Sq Ft
06/16/2025 06/16/25 Price Changed $595,000 -8.5% $1,035 / Sq Ft
03/21/2025 03/21/25 Price Changed $650,000 -7.1% $1,130 / Sq Ft
12/17/2024 12/17/24 For Sale $700,000 -- $1,217 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity Title
Grant Deed $315,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,250 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC24250353

California Regional Multiple Listing Service (CRMLS)

APN: 074-371-011