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Sold for $885,000
  • Listed by: Peek Realty • Karen Peek • Contact: 805-235-4180
    Bought with: Century 21 Hometown Realty, San Luis Obispo Office
    $885,000

    1087 Nipomo Ave #A, Los Osos, CA 93402

    5beds
    3baths
    1,999sqft
    Duplex
    Built in 1975
    -- sqft lot
    $945,200 Zestimate®
    $443/sqft
    $2,805 Estimated rent

    Home value

    $945,200

    $888,000 - $1.01M

    $2,805/mo

    Zestimate® history
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    What's special

    Detached garageFenced front yardStunning landscapesShared courtyardWide driveway
    Welcome to this fantastic duplex opportunity in the charming community of Los Osos! This well-maintained duplex presents an excellent chance for both homeowners and investors alike. With a 3-bedroom unit and a 2-bedroom unit, this property offers versatile options for living and income generation. The duplex has been lovingly cared for by the seller and is ready for its new owners. Whether you're looking to rent out one unit and live in the other, or rent out both for maximum income potential, this property has you covered. Imagine the possibilities – passive income stream, assistance with mortgage payments, or simply capitalizing on the robust rental market. Step into the turnkey units and be impressed by their layouts and thoughtful design. The shared courtyard serves as a delightful buffer space between the units, perfect for outdoor gatherings, relaxation, or even creating your own oasis. The fenced front yard adds to the appeal, providing a safe play area for kids and pets, or an ideal spot to cultivate your own garden in the raised beds. Each unit boasts its own detached garage, ensuring convenience and privacy for occupants. Ample parking is no issue with the wide driveway and street shoulder available. Located just minutes from Los Osos Valley Road and a short 15-minute drive from San Luis Obispo, this duplex enjoys easy access to urban amenities while maintaining a serene residential vibe. Explore the nearby Baywood and Los Osos neighborhoods, brimming with dining options and nature-centric activities. But the true gem is the breathtaking Montana De Oro State Park, offering stunning landscapes and outdoor adventures practically at your doorstep. Don't let this investment opportunity slip away – a turnkey duplex with income potential in such a desirable location is a rare find. Whether you're a savvy investor or a buyer looking for a smart homeownership solution, this duplex in Los Osos is a must-see. Seize the chance to own a piece of this captivating coastal community today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen Peek DRE #02084947 805-235-4180,

    Peek Realty,

    Seth Peek DRE #02152940 805-470-9577,

    Peek Realty

    Bought with:

    Tim Riley, DRE #01280227

    Century 21 Hometown Realty, San Luis Obispo Office

    Source: CRMLS,MLS#: NS23161088MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Rooms
    • Room types: Kitchen, Primary Bedroom
    Heating
    • Central, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Gas Range
    • Laundry: In Garage, Laundry Room
    Features
    • Storage
    • Flooring: Carpet, Laminate, Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,999
    • Total interior livable area: 1,999 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway Level, Garage
    • Garage spaces: 2
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: door
    • Pool features: None
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 6,250 Square Feet
    • Dimensions: 60 x 100
    • Features: Yard
    Details
    • Parcel number: 038631026
    • Zoning: 20
    • Special conditions: Standard
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mid-Century Modern
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Stucco, Wood Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer, Sewer Assessment(s)
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Foothills, Fishing, Golf, Hiking, Horse Trails, Water Sports
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Town Of El Moro(680)
    Location
    • Region: Los Osos

    Financial & listing details

    • Price per square foot: $443/sqft
    • Tax assessed value: $645,163
    • Date on market: 8/30/2023
    • Cumulative days on market: 15 days
    • Listing terms: Cash to New Loan,1031 Exchange
    • Total actual rent: 58200
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/1/2023Sold$885,000-4.3%$443/sqft
    Source: CRMLS #NS23161088 Report a problem
    10/3/2023Pending sale$925,000$463/sqft
    Source: CRMLS #NS23161088 Report a problem
    9/15/2023Contingent$925,000$463/sqft
    Source: CRMLS #NS23161088 Report a problem
    8/30/2023Listed for sale$925,000+69.7%$463/sqft
    Source: CRMLS #NS23161088 Report a problem
    10/14/2016Sold$545,000$273/sqft
    Source: Public Record Report a problem
    6/29/2016Listing removed$545,000$273/sqft
    Source: CCRG - San Luis Obispo Office #1068422 Report a problem
    6/27/2016Listed for sale$545,000$273/sqft
    Source: CCRG - San Luis Obispo Office #1068422 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $645,163 +2%
    2025$10,460 -1.9%$632,514 +2%
    2024$10,660 -6.9%$620,112 +2%
    2023$11,445 +8.2%$607,954 +2%
    2022$10,578 -2.1%$596,034 +2%
    2021$10,809 +11.9%$584,348 +1%
    2020$9,662 +1.7%$578,357 +2%
    2019$9,501 -1.4%$567,018 +2%
    2018$9,640 +4.9%$555,900 +2%
    2017$9,190 +166.8%$545,000 +202.5%
    2016$3,445 $180,194 +1.5%
    2015$3,445 +6.1%$177,488 +2%
    2014$3,246 $174,012 +2.5%
    2012-- $169,832 +2%
    2011-- $166,503 +0.8%
    2010-- $165,260 -0.2%
    2009-- $165,654 +2%
    2008-- $162,407 +2%
    2007-- $159,224 +2%
    2006-- $156,103 +2%
    2005-- $153,043 +2%
    2004-- $150,043 +1.9%
    2003-- $147,294 +2%
    2002-- $144,407 +2%
    2001-- $141,577
    Find assessor info on the county website

    Neighborhood: 93402

    Nearby schools

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