Los Osos, California

NOW is the time for this oceanside housing opportunity!!!

After nearly 40 years — NOW IS THE TIME FOR THESE 2 PROPERTIES

Irreplaceable today at this price! Priced below ALL (except 1 in Cambria) CRMLS listed RMF ocean-side properties in SLO County — that includes ALL beach-side properties between Monterey and Santa Barbara County lines.

Build Status

BUILD letter from SLO County came January 2026! New WATER WILL SERVE letter was received, and some of the Coastal Building requirements are DONE. Verify building before close of escrow.

Aerial view of parcels A & B with Downtown and arrow to Montana de Oro State Park

Parcels A & B — Downtown & Montana de Oro

Aerial view of parcels B & A with San Luis Obispo and Downtown Los Osos labeled

Parcels B & A — San Luis Obispo Direction

Close aerial view of parcels B & A with Downtown Los Osos labeled

Parcels B & A — Downtown Los Osos Close

Aerial view of parcels A & B with Hollister Peak in background

Parcels A & B — Hollister Peak View

1230 and 1250 Los Olivos parcels A & B with Ocean and Bay labeled

1230 & 1250 Los Olivos — Ocean & Bay Views

Aerial view of parcels A & B with Cayucos and Morro Bay labeled

Parcels A & B — Cayucos & Morro Bay

Aerial view of parcels A & B with BackBay Marina & Golf labeled

Parcels A & B — BackBay Marina & Golf

Los Osos sunset over coastal wetlands and bay

Los Osos Sunset

Morro Bay harbor with Morro Rock — Oceanside International Real Estate

Morro Bay Harbor

Baywood Oaks — little Carmel By The Sea — waterfront village with rolling hills

Baywood Oaks — Little Carmel By The Sea

Aerial drone sunset over Los Osos bay with Morro Rock in the distance

Los Osos Sunset

Baywood Park Pier with calm bay water and blue sky

Baywood Park Pier

Assessor's map 074-29 showing parcels A and B at 1230 and 1250 Los Olivos, Los Osos CA

Assessor's Map — Parcels A & B (074-29)

Aerial view of Morro Rock with Morro Bay and Los Osos labeled

Morro Rock — Morro Bay & Los Osos

MLS Listing

Property Details

Price

$499,950

MLS #

SC26072930

Square Feet

53,573

Lot Size

1.23 acres

You CAN afford a California home by the beach! There are TWO parcels adjacent to each other, practically GIVEN away!

  • Excepting 1 in Cambria & 1 in Oceano, these Parcels are the BEST priced CRMLS-Listed RMF Coastal Residential Multi-Family in Coastal San Luis Obispo County today — 9.23.2026

  • RMF zoning is hard to find, and w/Residential/RSF zoning, BEST for home bank loans.

  • Parcel A) 1230 is #8 on Los Osos RMF Building List (for 20 homes) & Parcel B) 1250 is #9 (for 23 homes) after a moratorium since 1988!!

  • The number on the building list is VERY important. Some may need to wait 10+ yrs. Check details with SLO County.

  • Ask about the Telegram Tribune News Article, which gives live links to more detailed information. Information is wealth!

  • Los Osos is in a PRIME Central California Coast Location between Sta. Barbara & Monterey Counties!

Why Los Osos?

1

Rare Building Opportunity

Los Osos is a unique community where low housing density and wildlife habitat is prioritized. After a building moratorium since approximately 1988, there is now a build list to allow very few properties for development. These parcels are #8 & #9 on the Residential Multi-Family Building List!

2

Central Location

These parcels are within walking distance to stores, shopping and restaurants, in a prized location on the Central Coast where locals treasure a temperate climate all year long. Enjoy fresh air from the Pacific ocean, sailing and canoeing on the bay, and adventuring in protected habitats or secluded beaches.

3

Montana de Oro State Park

The 8,000 acres of Montana de Oro State Park is a fairytale retreat with the west side of the park on the Pacific ocean — full of uncrowded beaches, rocky coves and hiking trails. It has interesting places to visit and secret places to surf.

4

Restaurants, Shopping & Schools

Los Osos has many nice restaurants, shopping, schools, a community park, church — all just a few steps from these properties.

5

Morro Bay

Morro Bay shares the Bay. It has many seaside restaurants and attractions at the Embarcadero with charter fishing and whale watching boats. Rent a bicycle built for two, or a family sized surrey, to pedal bayside to Morro Rock to see furry sea otters sunning on their backs.

6

Golf & Lodging

The Inn at Morro Bay and the Bay View Morro Bay Golf Course remind visitors of Monterey's Pebble Beach.

7

SLO Regional Airport

San Luis Obispo's Regional Airport has connection flights to LA, SFO, Las Vegas and other major US cities — only 25 minutes away.

Opportunity to SAVE hundreds of thousands of Dollars or make millions of Dollars on high demand Coastal Housing!!!

View MLS Details