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Zoned Multi-Family Build Letter Lots
For Sale
$534,950

1250 Los Olivos Avenue, Los Osos, CA 93402

Two adjacent RMF-zoned lots include a received build letter and a water will-serve letter, with utilities on the street.

Property SizeContact for details
Days on Market127

Property Features for 1250 Los Olivos Avenue

General Information

Standard status Active
Property subtype Lot/Land
Zoning RMF

Additional Details

Utilities to Site Yes
Listing Agency: Oceanside International Real E
Listed By: Sandy Bean · License #00683212
Source: Compass
Added: Apr 5 Changed: Aug 8 Last Checked: Apr 7 at 8:52PM

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 Oceanside International Real E

Investment Insights

Based on property information with market context.

Two adjacent residential multifamily (RMF) lots are offered for sale, each associated with the county’s RMF build list. This lot is identified as build letter B (#9) with 23 homes on the RMF build list, and the adjacent property is identified as build letter A (#8) with 20 homes on the RMF build list.

The seller notes the build letter has been received, and a water will-serve letter is included. The utilities are on the street, and the north portion of the property may allow for a peek of Morro Rock & Bay from a potential two-story development, subject to verification.

Buyer should verify permit timing with SLO County and confirm financing requirements with their lender. The listing also highlights that construction progress in the area is moving forward, and that additional studies are in process to expedite building soon.

Key Highlights

  • Two adjacent RMF‑zoned lots with SLO County Build Letter received for lot B: #9 (23 homes on the LO RMF build list)
  • Additional adjacent RMF‑zoned lot included as A: #8 (20 homes on the build list), listed as adjacent property
  • Water will‑serve letter provided and all utilities are on the street

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

627
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent RMF-zoned lots include a received build letter and a water will-serve letter, with utilities on the street.
Where is this residential land & home lot located?
The property is located at 1250 Los Olivos Avenue Los Osos, CA.
What is the asking price?
The asking price for this property is $534,950.
What are key features of this property?
This property features: Two adjacent RMF‑zoned lots with SLO County Build Letter received for lot B: #9 (23 homes on the LO RMF build list); Additional adjacent RMF‑zoned lot included as A: #8 (20 homes on the build list), listed as adjacent property; Water will‑serve letter provided and all utilities are on the street
More about this property
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