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Closed
- Listed price
- $4,500,000
- Listed Aug 1, 2020
- Sold price
- $4,300,000
- Sold Sep 1, 2020
89,273 sqft lot|1970 Built|7 MLS days on market
1244 Santa Ynez Ave, Los Osos, CA 93402
Property Description
Incredible Garden-Style Apartment Ownership opportunity with appealing income! 6% Cap Rate. 23 Units sprawled out on 2 acres. In demand rentals! Fully occupied. A collection of 11 Duplex Buildings with Unit Mix is (10) 1BDR and (12) 2BDR/1BTH. Additionally, 1 freestanding 2 BDR home and 6 Storage Units! Yard space for tenants and great location add to the appeal. Rarely do large apartment complexes become available on the Central Coast! The extremely desirable Coastal Community of Los Osos has a building moratorium in place now for 1...2...yes 3 decades now with no new housing and very limited apartment complexes built the area. Existing rents are at market rate. Cosmetic Building improvements may increase rents considerably. Current Gross Income generating over $400,000 Annual! New Roofs and Paint completed approx. 3YRs ago. Excellent long term investment opportunity in a not so sleepy Coastal town!
Listing agent: Jay ChiassonDRE #01836276jaymorrobay@gmail.com, Listing office: Navigators Real Estate
MLS data updated 11/2/2026, 10:42:57 AM PT
Source: CRMLSMLS #: SC20154435
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$4,300,000
Sep 1, 2020
Available records22020
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 93402 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 93402 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.