1230 Los Olivos, Los Osos, CA 93402

Property Description

When Coastal Land is gone, it's gone. That's why beach home prices are high. In Los Osos, Build slowly, to end up with MOST AFFORDABLE beach homes! MOTIVATED Sellers are GIVING away these 2 lots (adjacent is listed too)!!! Except 1 in Cambria & 1 in Oceano, these 2 lots are the BEST priced CRMLS-listed BUILDABLE NOW Residential Multi Family zoned (RMF) lots (9.23.26) by the beach between Sta. Barbara & Monterey County lines, AND there are only 11 CRMLS RMF ZONED COASTAL LOTS LISTED (9/23.26) TODAY!! TOO GOOD TO BE TRUE? LOOK at stats. Listed at less than 1/2 price (per acre) of ALL CRMLS SOLD or Pending COASTAL SLO land (9/23/26-last 6 mo), all zonings, -5 acres, BUT these are RARE RMF zoning AND BEST for home loans. Once these are gone, they can't be replaced at less than over $1million to $4 million per acre. And YES. YOU CAN VERIFY buildability before close of escrow. Codes show 18 homes per lot, for 36 total, and can't build all ASAP in Los Osos, perhaps 7 each year. After a nearly 40 yr Moratorium, NOW is time for these 2 Properties. Have Build Letter and Water Will-Serve Letter. This one is: A) #8 (20 homes on the LO RMF Build allocation list): Adjacent is: B) #9 (20 homes on the Build allocation list), but may be 18 homes each unless incentives for more are approved. Los Osos construction is moving FORWARD! See Tribune Article pdf (w/info links) on VIRTUAL TOUR: LosOsosLots.com . 1) If a lot isn't on the build list, it may not be possible to add it 2) The list # determines how soon a property receives a County notice to apply to build. Large# may take 10+ yrs. THESE WERE IN ESCROW. Buyer wanted 70 homes ASAP. BONUS: Possible peek of Morro Rock from 2-story on north portion of property. One Seller is RE Licensee