$590,000
SOLD AUG 30, 2013
-- Bed
-- Bath
4,400 Sq Ft
0.28 Acres

Recently Sold

$134 Per Sq Ft

12% Below List Price

62 Days on Market

About This Home

As of August 2020

Marketing Remarks: HUGE PRICE REDUCTION - Owner desires to carry the loan. 5-unit apartment building in very convenient location in Los Osos. Walking distance to all primary businesses one may need in Los Osos. 100% Occupied by very long term tenants the unit mix consists of Four 2-bedroom/1-bath units and One 2-bedroom/1.5-bath end unit. Property appears to be in good shape and just in need of some exterior paint. Good solid investment property that will always be easy to rent. Owner will carry. See attached brochure for further details.

Last Agent to Sell the Property

Kevin King

King Properties License #01013696

King Properties

Last Buyer's Agent

Chris Strand

Holland Strand Real Estate License #01406064

Property Details

Home Type

  • Multi-Family

Home Design

  • 4,400 Sq Ft Home
  • Flat Roof Shape
  • Slab Foundation
  • Tar and Gravel Roof

Additional Features

  • 0.28 Acre Lot
  • Wall Furnace

Community Details

  • 5 Units
  • Net Operating Income $37,724

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 038652043

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • CapRate: 6.10
  • Zoning: APT
  • Property Type: Residential Income
  • Parcel Number: 038652043
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 134.09

Exterior Features

  • Foundation: Slab
  • Roof: Flat, Tar/Gravel

Utilities

  • Heating Type: Wall Furnace

Lot Info

  • Lot Size Sq Ft: 12502.00
  • Lot Size Acres: 0.2800

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Multiplier: 11.17
  • Lot Size Area: 0.2800 Acres
  • Net Operating Income: 37724.00
  • Number Of Units Total: 5
  • Operating Expense: 17776.00

Map

Range of Values:

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Average Value
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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

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)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SL196395

California Regional Multiple Listing Service (CRMLS)