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1974 Nevada Court

Los Osos, CA 93402
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$1,950,000 $8,221/Mo
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Bed 9

Bed

Bath 7

Bath

SqFt11,761

Sqft(Lot)

Welcome to this beautifully UPDATED TRIPLEX, an exceptional residential income opportunity ideally situated one block off the water's edge at the end of a quiet cul-de-sac in one of Los Osos' most desirable neighborhoods. Offering a premier coastal location that supports strong long-term tenant demand, the property sits around the corner from the famous Back Bay Loop Trailhead near Sea Pines Golf Resort and just down the road from Montaña de Oro State Park. Picturesque views of iconic Morro Rock, the Morro Bay Estuary, and distant sand dunes are visible throughout the property. Offering approximately 3,662 sq. ft. of total living space, this asset features three spacious, move-in-ready units. All units are turnkey with their own unique styles, updates, fresh interior paint, updated du al-pane windows and sliders, and modern comforts. Unit A includes 4 bedrooms, 3 bathrooms, dedicated solar, an outdoor spa, and fruit trees. Unit C offers 2 bedrooms and 2 bathrooms, extensively remodeled with new flooring and updated bathrooms. Unit D features 3 bedrooms, 2 bathrooms, and all the same premier modern updates as Unit C. Each unit boasts a private yard and individual washer/dryer hookups. Parking and storage are abundant, highlighted by four garage spaces and two new storage sheds. Exterior enhancements include fresh paint and new fascia. Offering exceptional privacy and recent improvements, this property is an outstanding opportunity for an owner-occupier, multi-generational living, or an investor. This neighborhood consistently supports strong rental demand, and the rental potential here is exceptional. With the desirable location, well-maintained/updated condition, and functional floor plans, I anticipate strong interest from qualified tenants. Call today to schedule your private showing, review the local market numbers, and see firsthand everything this remarkable investment opportunity has to offer! Buyer and the buyer's agent to verify all information and coordinate their own due diligence with appropriate professionals.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,950,000

AD Id : 89825391

MLS Id : PI26181514

Beds : 9

Lot Size : 11,761 Sqft

Year Built : 1979

Garage : 4

County : San Luis Obispo

Subdivision: Phillipsons

  • Map Map

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Feature Features

  • Interior Features

    BuiltInFeatures, CeilingFans, CathedralCeilings, HighCeilings, OpenFloorplan, Pantry, TileCounters, PrimarySuite
    Laundry Features: WasherHookup, LaundryCloset

  • Heating & Cooling

    Has Heating: Yes Heating: ForcedAir Cooling: None

  • Building Information

    Year Built: 1979
    Building Area Total: 3662
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: Bay, BackBay, Hills

  • Lot Information

    Main Square Feet: 11761 Lot Size Acres: 0.27 Lot Size Source: Assessor Lot Size Square Feet: 11,761

    Property Information

    Subdivision: Sunset Terrace(660) Source Property Type: ResidentialIncome Property SubType: Triplex Levels: One Property Age: 47

  • Listing Price Information

    Listing Price: $1950000
    Cash, CashToNewLoan, Exchange1031

  • Tax Information

    Parcel Number: 074461006 Tax Lot: 6 Tax Block: 1

  • Parking Information

    Parking Total: 4

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: Heading west on Los Osos Valley Road, turn right onto Pecho Rd. Turn Left onto Skyline Dr. Turn Right onto Solano St. Turn Right onto Nevada Ct. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
701 Los Osos Valley, Los Osos, CA, 93402 $1,429,000 7 4 2,985 8,750 Sqft
701 Los Osos Valley, Los Osos, CA, 93402 $1,429,000 7 4 -- 8,750 Sqft

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/05/2026 @ 21:42

MLS: PI26181514 LISTED BY: Erik O'Sullivan, RE/MAX Success 805-481-9800 SOURCE: CRMLS

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