1252 5th St, Los Osos, CA 93402

Property Description

Here today, gone tomorrow. Don't miss this extremely rare opportunity to own one of the few highly sought after Triplex's located in the heart of Baywood Park, Los Osos's best keep secret! The Coastal destination of the historic Baywood Park located on the Bay and is within walking distance of a variety of new local restaurants, the Elfin forest, Sweet Springs, Sea Pines Golf course and just a short drive to Montana de Oro. One can enjoy many activities such as canoeing, hiking, bike riding, fishing, a round of golf or experiencing the colorful Coastal Sunsets on the pier! This complex had many upgrades including a newer roof, new dual glazed vinyl windows and new exterior paint. Unit A - consists of a three bedroom/ two bath/ two car garage and a private back yard, this unit has been recently upgraded with new interior paint and laminate flooring. Unit B is a two bedroom/ one bath/private back yard and a separate exterior laundry room, it will need interior painting and new flooring. Unit C is also a two bedroom/one bath with a private front yard, it can also use new interior paint and upgraded flooring. All of the tenants have been given a 90 day notice to vacate as of August 11, 2022 or sooner. The current rents are 30% below the current market rental rate. $ 48,000.00 ++ IN 2021 UPGRADES: NEW WINDOWS/DOOR= $ 14,400.00/ A -FLOORING-$ 9,400.00-NEW FRONT FENCE/GATE $ 2,500.00/ WINDOW COVERINGS- A- $ 1,500.00- INTERIOR unit A and EXTERIOR PAINT FOR COMPLEX -$ 20,000.00 +- REPAIRS= $ 2,800.00.