347 Garden, Los Osos, California 93402, Los Osos, 93402 - 1 bed, 2 bath
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Los Osos, California 93402
This property presents a High-Potential Investment Opportunity with a List Price of $849,000—positioned above the $820,781 Fair Market Value. While the property requires a comprehensive renovation due to its Poor Condition Rating, the Prime Coastal Location across from Cuesta Inlet and the Versatile Detached Studio provide significant value-add potential. The asset offers a rare chance to build equity through cosmetic updates and personalization in a highly desirable area. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a coastal project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 347 Garden Subject | $849,000* List Price | 1 | 2 | 795 | $1,032 | - |
A 550 Mitchell Drive Active | $750,000 List Price | 2 | 1 | 888 | $845 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1968 (56 years old) with no evidence of major renovations, this property falls into the poor category based on age and condition. Interior images reveal original 1960s-style wood cabinetry, laminate countertops, wood paneling, and popcorn ceilings. The listing explicitly states the home is ready for updating and cosmetic improvements to build equity, indicating a need for a comprehensive rehab of the kitchen, baths, and likely aging systems.
Situated directly across from the Cuesta Inlet, the property offers exceptional views of the Back Bay and Morro Rock, providing a rare and highly sought-after coastal setting.
The inclusion of a separate detached studio with a 3/4 bath adds significant value, offering flexibility for use as a guest suite, home office, or potential rental unit.
As a fixer-upper in a desirable neighborhood, this property presents a prime opportunity for buyers to build equity through cosmetic updates and personalization.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4000, other record lot size in square feet = 4182.
With only 795 square feet and a single bedroom in the main house, the compact floor plan may be too restrictive for families or those requiring more interior space.
The home is in original 1968 condition and requires significant cosmetic improvements and updating, necessitating additional capital investment beyond the purchase price.
Rare opportunity to own a home in a desirable Los Osos location directly across from the Cuesta Inlet, offering scenic water views and views of iconic Morro Rock. This single-level home sits on a spacious lot with established landscaping and plenty of room to enhance and personalize. The property offers a small yet functional floor plan and solid potential but is ready for updating and cosmetic improvements, making it an excellent opportunity for buyers looking to build equity and create their own coastal retreat. Enjoy the peaceful setting, abundant wildlife, and proximity to bay access, hiking trails, beaches, and all the natural beauty the Central Coast has to offer. Whether you're seeking a primary residence, vacation getaway, or investment opportunity, this property presents a chance to transform a well-located home into something truly special. Separate detached studio with a3/4 bath .
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 795 | 1,607 |
| Lot Size | 4,000 | 6,275 |
| Price | $849.0K | $941.1K |
| Price per sq ft | $1.1K | $633 |
| Built year | 1968 | 1974 |
| HOA | $0 | $0 |
| Days on market | 30 | 39 |
Jun 22, 2026
$849,000
Initial Listing