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Investment Property for Sale in Los Osos, CA, USA

More details for 457 Piney Way, Morro Bay, CA - Multifamily for Sale

457 Piney Way

Morro Bay, CA 93442

  • Investment Property
  • Multifamily for Sale
  • $3,948,709 CAD
  • 4,474 SF
  • 24 Hour Access
  • Kitchen
  • Smoke Detector

Morro Bay Multifamily for Sale - Coastal SLO

This property offers a rare opportunity to own a brand-new, coastal multi-unit residence just moments from Main Street in the heart of beautiful Morro Bay. This newly constructed four-unit property offers exceptional flexibility for multi-generational living, investment income, or owner-occupied rental potential in one of the Central Coast’s most sought-after communities. The centerpiece of the property is a two-story duplex featuring two spacious residences, one offering 1,768 sq ft and the other 1,654 sq ft, each with 3BR/2.5BA. Thoughtfully designed with open-concept floor plans for modern coastal living, both homes provide seamless flow between the kitchen, dining, and living spaces, creating a bright and inviting atmosphere ideal for everyday living and entertaining. Each residence also features second-story balconies with partial coastline views, creating the perfect setting to enjoy ocean breezes and stunning sunsets. Inside, the homes showcase quartz countertops, Milgard dual-pane windows, soft-close cabinetry and drawers, and contemporary kitchens with clean, modern finishes throughout. Complementing the duplex are two detached ADUs, each approximately 526 sq ft with 1BR/1BA. These well-appointed units also include second-story balconies, offering additional outdoor living space and versatility for extended family, guests, or rental income. One ADU features partial ocean views from both the bedroom and deck. Built with efficiency and safety in mind, each unit is separately metered for utilities and water, includes owned solar, and is equipped with its own fire sprinkler system that reports directly to the fire department for added peace of mind. This turnkey new construction offers an exceptional opportunity to own a versatile, income-producing asset just minutes from downtown Morro Bay, local dining, shopping, and the waterfront. Estimated completion is late May to early June—don’t miss your chance to secure a modern slice of coastal living. Photos will be updated as project progresses.

Contact:

BHGRE Haven Properties

Property Subtype:

Apartment

Date on Market:

2026-05-07

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Investment Properties for Sale within 50 kilometers of Los Osos, CA, USA

More details for 3291 Rockview Pl, San Luis Obispo, CA - Multifamily for Sale

3291 Rockview Pl

San Luis Obispo, CA 93401

  • Investment Property
  • Multifamily for Sale
  • $1,911,124 CAD
  • 2,232 SF

San Luis Obispo Multifamily for Sale - South SLO

Approved plans on a separate building pad, two leased units generating ~ $70,800 annually, and elevated views in San Luis Obispo, a rare opportunity. 3291 Rockview combines income, views, and expansion momentum in one of SLO’s most convenient hillside locations. The property includes a 3-bedroom, 2-bath main residence of approximately 1,632 square feet and a separate 1-bedroom, 1-bath ADU of approximately 600 square feet. Both units are currently leased, providing immediate revenue while future plans move forward. The upper portion of the lot features an elevated build site with approved plans per seller, and water and sewer have been extended to that area. The separation between the existing improvements and the upper terrace allows flexibility for additional construction while maintaining usable yard space. The lot size and orientation support view-oriented outdoor living, private yard space, or pool design. Generate income while planning your next home. Positioned just minutes from downtown San Luis Obispo, restaurants, shopping, and major routes, the property benefits from proximity to established neighborhoods and evolving restaurant and retail corridors. In a market where properties offering existing income and approved expansion components are limited, 3291 Rockview stands apart. Both 3291 and 3281 Rockview are offered for sale, creating the potential for a larger estate footprint or expanded investment strategy.

Contact:

Eighty20 Group

Property Subtype:

Apartment

Date on Market:

2026-03-19

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More details for 2873 Studio Dr, Cayucos, CA - Multifamily for Sale

OCEAN-VIEW TRIPLEX - 2873 Studio Dr

Cayucos, CA 93430

  • Investment Property
  • Multifamily for Sale
  • $3,408,763 CAD
  • 2,772 SF
  • Private Bathroom
  • 24 Hour Access
  • Kitchen
  • Smoke Detector

Cayucos Multifamily for Sale - Coastal SLO

Welcome to 2873 and 2971 Studio Drive, a rare luxury THREE UNIT coastal property on one of Cayucos’ most coveted streets, just steps from the sand. Situated on an oversized DOUBLE LOT, this exceptional offering consists of a legal duplex with one residence thoughtfully configured into two separate living spaces, creating three distinct residences in total. The property has been meticulously renovated throughout and delivers an impressive approximate $200,000 in gross annual rental income. The main residence offers a modern four-bedroom, two-bathroom layout that is currently separated into upper and lower living areas, each with its own kitchen and private access, connected by an interior door when desired. This flexible design allows the home to function as a single expansive coastal residence or as two independent living spaces, ideal for maximizing income potential or accommodating extended family. The interiors are highlighted by fireplaces, sweeping ocean views, and an open, light-filled layout designed for both everyday comfort and refined coastal entertaining. The second residence is a beautifully remodeled two-bedroom, one bathroom home featuring a gas fireplace and a private, resort-style backyard complete with a covered patio, tranquil water feature, and outdoor kitchen. This residence is perfectly suited for guest accommodations, multigenerational living, or premium rental use. A rare THREE-CAR GARAGE provides additional parking and storage, a highly sought-after amenity in this prime beachside location. With BEACH ACCESS just steps from the front door, panoramic coastal views, turnkey condition, and exceptional layout flexibility, this property presents a unique opportunity to enjoy the ultimate California beach lifestyle while benefiting from strong, proven rental performance. Live in one residence while generating income from the others, or create a stunning multigenerational coastal compound. Opportunities like this on Studio Drive are exceptionally rare and represent a compelling offering for buyers seeking luxury, versatility, and long-term value on the Central Coast.

Contact:

Keller Williams Realty Central Coast

Property Subtype:

Multi Family

Date on Market:

2026-03-16

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More details for 1134 Atlantic City Ave, Grover Beach, CA - Multifamily for Sale

1134 Atlantic City Ave

Grover Beach, CA 93433

  • Investment Property
  • Multifamily for Sale
  • $1,277,398 CAD
  • 965 SF

Grover Beach Multifamily for Sale - South 101 Corridor

This oversized Grover Beach R1-zoned lot offers rare subdivision (3 lots) and single-family-plus-ADU development potential in one of the city’s most desirable neighborhoods. The property sits on an expansive approximately 15,000 sq ft lot—about three times the size of a standard area parcel—and includes an existing smaller single-family residence, providing a quick path to value while you plan your long-term project. **Development Potential R1 zoning with an approximately 15,000 sq ft lot allows for subdivision into THREE parcels consistent with the City’s minimum lot size standards (Buyer to verify with City of Grover Beach). The City of Grover Beach has indicated that the lot is eligible for subdivision under current code, with additional opportunities potentially available through Urban Lot Split provisions (Buyer to verify with City of Grover Beach). Each resulting lot may be eligible for a primary residence plus Accessory Dwelling Units (ADUs), Junior ADUs, or Urban Dwelling Units under current regulations, creating a path for up to 12 units across the finished subdivision (3 three lots with 4 total units per lot) (Buyer to verify with City of Grover Beach). **Location Highlights Located in North Grover, widely considered the most desirable part of Grover Beach, the property is close to beaches, dining, and major commuter routes. The surrounding area features an established neighborhood feel with strong end-user and renter demand, supporting both resale and long-term hold strategies. **Ideal Buyer Profiles **Developers seeking a small-lot subdivision project with strong ADU upside. **Investors looking to create a multi-unit rental cluster within a single, well-located project. **Owner-users who want a primary home with room for extended family, guest units, or future income-producing ADUs. ** Some images are renderings only, used as an example for future development ideas. Buyer to verify all zoning, subdivision feasibility, number and type of units allowed, and all development requirements directly with the City of Grover Beach.

Contact:

InvestSLO

Property Subtype:

Multi Family

Date on Market:

2026-03-09

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More details for 74 San Francisco St, Avila Beach, CA - Flex for Sale

Landing Passage - 74 San Francisco St

Avila Beach, CA 93424

  • Investment Property
  • Flex for Sale
  • $5,250,262 CAD
  • 3,279 SF

Avila Beach Flex for Sale - South 101 Corridor

Welcome to Landing Passage - A turn-key mixed use (residential + commercial) building located just four doors from the pristine shores of Downtown Avila Beach. This exceptional property offers a rare opportunity to own a fully licensed short term vacation rental and income-generating asset in one of the most prime coastal locations in California. The offering includes two turnkey residential units and two established commercial units. The primary residence features 2 bedrooms, 2 bathrooms, approximately 1,303 square feet of living space, Cape Cod-inspired interiors, ocean views, three balconies, rooftop access, two fireplaces, a laundry closet, and a private 2-car garage. Directly below, a commercial suite includes wood flooring, a private office, built-ins, a dry bar, and a bathroom with shower. Across the landscaped pedestrian pathway, the second commercial unit includes French doors, a fireplace, and a bathroom. Above it sits a 1-bedroom vacation rental with travertine flooring, a full kitchen, fireplace, in-unit laundry, and private deck, plus dedicated parking and a storage closet in the secure garage. Both vacation rentals are being sold fully furnished with future bookings in place, and the commercial units have strong lease history. Ideal as a long-term investment, personal retreat with income, or live-work opportunity in one of the Central Coast’s most vibrant beach communities.

Contact:

Eighty20 Group

Date on Market:

2025-06-26

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More details for 1700 Osos St, San Luis Obispo, CA - Multifamily for Sale

Allen House - 1700 Osos St

San Luis Obispo, CA 93401

  • Investment Property
  • Multifamily for Sale
  • $5,534,444 CAD
  • 4,688 SF
  • Air Conditioning
  • Kitchen

San Luis Obispo Multifamily for Sale - Downtown SLO

Welcome to the historic Allen House – an early 1900s era home built in the “railroad-vernacular” architecture and located in the beautiful Historic Downtown District of San Luis Obispo. This unique R3 zoned property was significantly renovated in 2023 from the top down, making it ready for generations to come. The property is comprised of a single structure (4,688 SF) containing two units and a total of 17 bedrooms, 2 kitchens, and 4.5 bathrooms. The smaller ADU unit contains 3 bedrooms and 2 bathrooms with it’s own private entrance and kitchen, and the primary home contains 14 bedrooms, two full bathrooms (2nd floor bathroom has two toilets and two showers), one half bathroom, living room, dining room, commercial kitchen, and a covered patio. There is also a detached garage that is ideal for storage. All renovations are fully permitted with the City of SLO and performed by the most reputable local companies in town such as: AGD Architecture + Design, Michael Kalin Structural Engineering, Ed Cuming Construction, Zara Khan Interior Design, and many more trades and subcontractors. Improvements include: New carpet and luxury vinyl plank flooring, new doors, interior and exterior painting, new aluminum clad wood frame windows by Lincoln, new drywall, new kitchen cabinets & countertops, new appliances, new lighting, remodeled bathrooms, new electrical wiring with 400 amp panel & new plumbing lines, pre-wired for EV charger in garage, new sewer lateral connection to street, new roof, new fire escape stairs, whole house fan on third floor, new skylights, Navien tankless water heaters, one inch water meter upsize from previous ? inch, new gutters and downspouts, new concrete and new decking in backyard, front and backyard artificial turf, reinforced foundation supports with new beams/posts/footings, commercial grade 4 inch fire sprinkler line from water main to house with Wilkins double check valve backflow preventer, and much more. This property is an ideal opportunity for those seeking strong rental income as an investment or simply wanting a large residence for a family or multiple families. The Downtown SLO location and R3 zoning allows for flexible alternative uses (with a permit) such as: Bed & breakfast, hostel, religious assembly, school, continuing care, elderly care, day care, fraternities or sororities, hospice, and more. The Allen House is a once in a lifetime opportunity to acquire a legacy property with over 125 years of history.

Contact:

Eighty20 Group

Property Subtype:

Apartment

Date on Market:

2025-06-19

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More details for 9333 Santa Barbara Rd, Atascadero, CA - Specialty for Sale

Religious/Redevelopment in Atascadero, CA - 9333 Santa Barbara Rd

Atascadero, CA 93422

  • Investment Property
  • Specialty for Sale
  • Price Upon Request
  • 23,944 SF
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More details for 8 Championship Ln, Templeton, CA - Land for Sale

8 Championship Ln

Templeton, CA 93465

  • Investment Property
  • Land for Sale
  • $1,177,934 CAD
  • 23.82 AC Lot
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