Seller's Agent in 2020
Chris Strand
Holland Strand Real Estate
(805) 440-1799
4 in this area
51 Total Sales
951 Santa Ynez Ave Los Osos, CA 93402
Los Osos Neighborhood
4
Beds
3
Baths
4,400
Sq Ft
0.29
Acres
Highlights
- 0.29 Acre Lot
- Near a National Forest
- Neighborhood Views
- Monarch Grove Elementary School Rated A
- Corner Lot
- Hiking Trails
About This Home
As of August 2020Turn key 5 unit rental property in Los Osos. Strong rent roll with room for improvement. Each unit consists of 2 bedroom 1 bath and approximately 850 sq'. End unit on Left is slightly larger with large walk-in pantry and is approximately 1,000 sq'. Property was extensively remodeled in 2013-14 by previous owner with updated kitchens and windows. Most of the electrical was updated at that time and new baseboard heaters were installed throughout. Each unit is individually metered for water and electricity, there is no gas available. Roof was replaced in November of 2019. New washers and dryers are leased. Owner pays for trash, landscape, water and electricity to laundry room. Current rent is $7,800 per month.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 0.29 Acre Lot
- Property fronts a county road
- Two or More Common Walls
- Rural Setting
- Wood Fence
- Corner Lot
Home Design
- Property Attached
- Turnkey
- Flat Roof Shape
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 4,400 Sq Ft Home
- Double Pane Windows
- Sliding Doors
- Living Room
- Neighborhood Views
Kitchen
- Electric Oven
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Shed
- Rain Gutters
Utilities
- High Efficiency Heating System
- Baseboard Heating
- Private Water Source
- Electric Water Heater
- Sewer on Bond
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, water
- Legal Lot and Block 45 / 145
- Assessor Parcel Number 038652043
Community Details
Overview
- 5 Units
- Near a National Forest
Amenities
- Laundry Facilities
Recreation
- Hiking Trails
- Bike Trail
Building Details
- 5 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Water Meters
- Electric Expense $360
- Gardener Expense $960
- Insurance Expense $3,326
- Maintenance Expense $1,500
- Professional Management Expense $4,680
- Trash Expense $1,809
- Water Sewer Expense $912
- New Taxes Expense $16,875
- Operating Expense $28,638
- Gross Income $65,910
- Net Operating Income $65,862
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2020 08/24/20 | Sold | $1,250,000 | -7.4% | $284 / Sq Ft |
| 07/24/2020 07/24/20 | Pending | -- | -- | -- |
| 05/01/2020 05/01/20 | For Sale | $1,350,000 | +128.8% | $307 / Sq Ft |
| 08/30/2013 08/30/13 | Sold | $590,000 | -11.9% | $134 / Sq Ft |
| 07/08/2013 07/08/13 | Pending | -- | -- | -- |
| 05/07/2013 05/07/13 | For Sale | $670,000 | -- | $152 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Chris Strand
-
Alan Deckel
Buyer's Agent in 2020
Alan Deckel
RE/MAX
(805) 886-8818
21 in this area
37 Total Sales
-
Kevin King
Seller's Agent in 2013
Kevin King
King Properties
(805) 801-0176
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SP20082378
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