
Los Osos, California 93402
This Mid-Century residence represents a Strong Value Opportunity, listed at $799,000—positioned well below the $833,333 Fair Market Value by 4%. This valuation gap offers $34,333 in Instant Equity. While the home maintains a Fair Condition Rating due to original interior finishes, recent capital improvements like a new roof and carpeting provide a solid foundation. With its prime location near the Elfin Forest and unique architectural character, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build value through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1791 15th Subject | $799,000* List Price | 3 | 2 | 1,544 | $540 | - |
A 1847 8th Sold | $800,000 | 3 | 2 | 1,395 | $573 | 0.4 mi |
B 1461 18th Sold | $928,000 | 3 | 2 | 1,385 | $670 | 0.5 mi |
C 2304 Bayview Heights Dr. Sold | $757,500 | 3 | 2 | 1,323 | $573 | 0.8 mi |
D 1558 8th Sold | $875,000 | 3 | 2 | 1,858 | $471 | 0.5 mi |
E 1701 8th Street Sold | $1,035,000 | 3 | 3 | 1,939 | $534 | 0.4 mi |
F 749 Woodland Sold | $723,000 | 3 | 2 | 1,170 | $618 | 0.8 mi |
G 1223 7th Active Under Contract | $969,900 List Price | 3 | 3 | 1,524 | $636 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home features a new roof and brand-new carpeting, the kitchen and overall interior finishes are original to the 1975 build (>45 years old). The yellow laminate countertops and dark wood cabinetry are significantly dated, placing it in the 'Fair' category as it is functional but requires aesthetic and system updates.
Situated on the desirable 15th Street with direct access to the Elfin Forest and proximity to scenic trails, offering an ideal outdoor lifestyle in a sought-after community.
Features classic Mid-Century charm with soaring ceilings, abundant natural light from upper windows, and a unique modern freestanding fireplace that adds distinct style.
The property includes a brand-new roof and new carpeting, providing immediate value and reducing near-term maintenance expenses for the new owner.
The large backyard is described as awaiting the next owner's vision, suggesting it may require additional investment and labor to reach its full potential.
The architectural feature of the fireplace opening into the primary bedroom, while unique, may present privacy or noise-transfer concerns for some buyers.
Welcome to this charming Mid-Century residence located on the desirable 15th Street in the coastal community of Los Osos. Offering 3 bedrooms, 2 bathrooms, and approximately 1,554 square feet of living space, this well-maintained home blends timeless character with comfort and functionality. Surrounded by the natural beauty and outdoor lifestyle that make Los Osos so sought after, the property enjoys close, proximity to scenic hiking and biking trails, pristine coastline, protected open space, and direct street access to the beloved Elfin Forest. Inside, the open floor plan creates a warm and inviting atmosphere ideal for everyday living and entertaining. The spacious primary suite features a large ensuite bathroom and walk-in closet, offering a peaceful private retreat. At the center of the home, the living room showcases soaring ceilings, upper windows that fill the space with natural light, and a striking modern freestanding fireplace with unique metal doors opening into the primary bedroom, an architectural feature that adds both style and character. The outdoor spaces offer endless possibilities. The front yard features a welcoming brick patio perfect for relaxing or entertaining guests, while the generously sized backyard awaits the vision of its next owner. Additional highlights include brand-new carpeting and a new roof. Lovingly maintained through the years with evident pride of ownership, this special home is now ready to welcome its next chapter. A rare opportunity to enjoy coastal living, natural surroundings, and Mid-Century charm in one of the Central Coast’s most desirable communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,544 | 1,705 | 45% |
| Lot Size | 6,250 | 6,250 | 50% |
| Price | $799.0K | $950.0K | 28% |
| Price per sq ft | $517 | $600 | 17% |
| Built year | 1975 | 1977 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 169 | 4% |
May 28, 2026
$799,000
Initial Listing