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  • 1230 Los Olivos

1230 Los Olivos, Los Osos, CA 93402

$499,950 Approx. USD 0 beds, 0 baths

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The Keaty Team REALTORĀ® - Sales Associate 714-608-3298 m
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Lic#: 01276603
NRDS ID: 187514104
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Lic#: 01276603
NRDS ID: 187514104
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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700
Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Sandy Bean | Sandy@SandyBean.net
Lic#: 00683212
Broker: Courtesy of Oceanside International Real E
Phone: 805-528-3475

Agent Remarks

When Coastal Land is gone, it's gone. That's why beach home prices are sky high. Build slowly, and end up with a FREE Coastal Home or more. MOTIVATED Sellers are GIVING away these 2 lots (adjacent is listed too)!!! Except 1 in Cambria & 1 in Oceano, these 2 lots are the BEST priced CRMLS-listed BUILDABLE NOW Residential Multi Family zoned (RMF) lots (9.23.26) by the beach between Sta. Barbara & Monterey County lines, AND there are only 11 CRMLS RMF ZONED COASTAL LOTS LISTED (9/23.26) TODAY!! TOO GOOD TO BE TRUE? It's true! LOOK at all stats. Listed at less than 1/2 price (per acre) of ALL CRMLS SOLD or Pending COASTAL SLO land (6/26-last 6 mo), all zonings, -5 acres, BUT these are RMF. RARE zoning today, AND the BEST for home construction, and loans. Once these are gone, they can't be replaced at less than over $1 million to $4 million each acre. And YES. YOU CAN VERIFY buildability before close of escrow. NOT all 43 homes ASAP, but perhaps 7 each year. After a nearly 40 yr Moratorium, NOW is time for these 2 Properties. Have Build Letter and Water Will-Serve Letter. This one is: A) #8 (23 homes on the LO RMF Build list): The Adjacent is: B) #9 (20 homes on the Build list). Los Osos construction is moving forward, SLOWLY. See Tribune Article pdf (w/info links) on VirtualTour: LosOsosLots.com . A) If a lot isn't on the build list, it may not be possible to add it. B) The list number determines how soon a property can build. Large # may take 10+ yrs. THESE WERE IN ESCROW. Buyer wanted 70 homes ASAP. BONUS: Possible peek of Morro Rock from 2-story on north portion of property. One Seller is RE Licensee.

Listing Details

Trust & Probate
Property type: (Lots/Land)
Status: Active
MLS# SC26072912
List price is $499,950 Reduced by $35,000 on 9/24/2026
Price: $499,950
HOA Fee is $0.00
Beds: 0
Baths: 0
1.18 acres
Lot size: 1.1800
Subdivision: Central Business District
County: San Luis Obispo
Zoning: RMF
Lot description: SixteenToTwentyUnitsAcre,Corner Lot,Gentle Sloping,Lot Over 40000 Sqft,No Landscaping,Near Park,Near Public Transit,Paved,Rectangular Lot
MLS area: OSOS - Los Osos

Last Updated: 9/24/2026

 Days On Market (DOM): 184

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This listing belongs to the OSOS - Los Osos MLS area

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Lat/Long: 35.313567, -120.827722.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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