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Fourplex Residential Income Property
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Pending

1143 16th, Los Osos, CA 93402

Four-unit property in Los Osos with two studios and two two-bedroom homes, each featuring a full kitchen.

Property SizeContact for details
Days on Market56

Property Features for 1143 16th

General Information

Standard status Pending
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 1
Units 4
Listing Agency: Bay Osos Brokers
Listed By: Leon Van Beurden · License #00646313
Source: Crexi
Added: Jun 16 Changed: Aug 8 Last Checked: Jul 24 at 5:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bay Osos Brokers

Investment Insights

Based on property information with market context.

This fourplex residential income property features four separate units: two studio layouts and two two-bedroom residences. Each unit includes a full kitchen, supporting self-contained living arrangements for a range of tenants or household needs. The interiors are described as meticulously maintained and designed to provide ample space and natural light throughout.

Located in Los Osos near the 16th Street 1100 block, the property is positioned for convenient access to local shops and dining. The remarks also note proximity to Highway 1 for commuting and to nearby natural areas, including Elfin Forest, along with access to the area’s coastal views referenced as Morro Bay.

For buyers looking for an owner-occupied setup or an income-focused portfolio, this mix of studio and two-bedroom units offers flexibility in tenant targeting. With all four homes built around full kitchens and independent layouts, the property can accommodate longer-term rental households or provide a way for extended family to live in close proximity while maintaining separate spaces.

Key Highlights

  • Four‑plex on the 1100 block of 16th Street in Los Osos
  • Unit mix: two studios and two two‑bedroom units
  • Each unit includes a full kitchen for everyday convenience

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Spa & Massage Center Nail Salon Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby

Demographics for 93402, CA

14,500
Population
6,586
Households
2.2
Avg Household Size
49
Median Age
50%
College-Educated
94%
High-School Grad
27.7 sq mi
ZIP Area
523
Density / Sq Mi
$103,839
Median Household Income
$43,002
Median Earnings
$1,909
Median Rent
$729,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property in Los Osos with two studios and two two-bedroom homes, each featuring a full kitchen.
Where is this quadplex located?
The property is located at 1143 16th Los Osos, CA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Four‑plex on the 1100 block of 16th Street in Los Osos; Unit mix: two studios and two two‑bedroom units; Each unit includes a full kitchen for everyday convenience
More about this property
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