549 Los Osos Valley Road, Los Osos, California 93402, Los Osos, 93402 - 3 bed, 2 bath
Loading property details...
549 Los Osos Valley Road
Los Osos, California 93402
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,425Sq Ft
5,500Lot Size
Property Price
LIST PRICE$639,000
EST. MARKET VALUE
$638,061
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $639,000—positioned well below the $638,061 Fair Market Value (effectively at market). While the home carries a Condition Rating of 5, the versatile floor plan and new roof provide a solid foundation for value-add renovations. Located just 0.24 miles from the highly-rated Monarch Grove Elementary School, this asset offers significant upside for Buy-and-Hold Investors or Owner-Occupants looking to customize a residence with dual-living potential and upper and lower level decks.
Estimated Market Value
$638,061
Based on Realkey algorithm analyzing recent comparable sales in Los Osos.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 549 Los Osos Valley Road Subject 3 bd · 2 ba · 1,425 sqft · $448 | $639,000* List Price | 3 | 2 | 1,425 | $448 | - |
A 1778 11th Street Sold 3 bd · 2 ba · 1,502 sqft · $483 · 0.9 mi | $725,000 | 3 | 2 | 1,502 | $483 | 0.9 mi |
B 1687 9th Active Under Contract 3 bd · 2 ba · 1,543 sqft · $517 · 0.8 mi | $798,000 List Price | 3 | 2 | 1,543 | $517 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1972, this 50+ year old property is described as a renovation opportunity. While it features a new roof, the kitchen and bathrooms are significantly dated with original-style cabinetry and fixtures. The exterior siding and decks show noticeable wear, and the listing explicitly targets investors or buyers looking to 'transform' the residence, indicating a need for a full interior and exterior rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The property features a flexible layout that can be utilized as a single large residence or two separate living spaces, offering excellent potential for multi-generational living or rental income.
- Recent Capital Improvement
A brand-new roof has been recently installed, providing immediate value and reducing the burden of major maintenance costs for the incoming buyer.
- Prime Educational Proximity
Located just 0.24 miles from the highly-rated Monarch Grove Elementary School (Rating 8), this home is perfectly positioned for families prioritizing quality education.
CONSRISKS & DEFICIENCIES
- Renovation Required
The property is positioned as a fixer-upper, meaning buyers will need to budget for significant cosmetic or structural updates to modernize the 1972 interior.
- Limited Parking and Storage
For a three-bedroom home with multi-unit potential, the single-car garage may be insufficient for modern parking needs and additional storage requirements.
About 549 Los Osos Valley Road
Opportunity awaits in Los Osos! Versatile and flexible floor plan - this approximate 1,425 SF home offers an exciting opportunity for buyers looking to renovate, customize, or invest. The property can be utilized as either one larger home or two separate spaces, featuring 3 bedrooms, 2 bathrooms, an interior laundry, a fireplace, NEW roof, and a 1-car garage. The large backyard includes upper and lower level decks, as well as mature coastal trees. Situated in the heart of Los Osos, this is a home ready for a buyer with vision to transform it into a personalized residence or explore its potential as an investment property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 5,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Osos Unified Schools
Monarch Grove Elementary School
Grades K-5 • 0.2 mi
8/10
Los Osos Middle School
Grades 6-8 • 1.6 mi
7/10
Morro Bay High School
Grades 9-12 • 4.7 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.8 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,425 | 1,493.5 |
| Lot Size | 5,500 | 6,331.944 |
| Price | $639.0K | $925.8K |
| Price per sq ft | $448 | $645 |
| Built year | 1972 | 1976 |
| HOA | $0 | $0 |
| Days on market | 17 | 43 |
Pricing History
Listed for Sale
Oct 7, 2026
$639,000
Initial Listing
Sold
Oct 24, 1997
$153,000
Public Record