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633 Ramona Avenue 147, Unit 147Los Osos, CA 93402Price: $279,000

  • Price: $279,000
  • Est. Mortgage of $/month
  • 172 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $279,000List Price
  • 2Bedrooms
  • 2Bathrooms
  • 1,248Square Feet
Come live in Morro Shores, one of the most sought after mobile home parks in Los Osos and the Central Coast,  just a short distance from Sweet Springs Preserve and the bay! Enjoy the view of Hollister Peak from the front porch! The kitchen has an island, newer refrigerator, gas stove, attractive cabinets and opens to the living rm and dining area. Enjoy the natural light from the corner windows at the sink and the skylight. There is an additional room that could be used as a den, office, or whatever you choose! The owner's suite has ample closet space, ceiling fan, deep tub, a separate shower, and 2 sinks! The hall bath has a shower tub combo. Washer and dryer in the Laundry room are included! 2 car carport and huge shed, easy care yard allowing  time to enjoy the community amenities and activities in the very large clubhouse with a full kitchen, a card room, an exercise room with billiards and ping pong, a spa, Hobby House with a library, a laundry, bocce ball ct., and  dog park. Two pets are allowed with manager's approval of the size and breed. The seller has just authorized a HUGE PRICE IMPROVEMENT!  You may be asking why it is such an affordable price when it is such a nice 2004 manufactured home? It is not due to the condition. This is a MOVE-IN READY home, with updated vinyl plank flooring! The current market price for this home, in the desirable Morro Shores would be in the low $400,000's. This price reduction balances the higher lease cost. The lease would be $1950 a month for the new owner, which is equal to the current market lease for Morro Shores. Any homeowners in Morro Shores that own their home as a second home, will pay the same current market rate. However, some owners in Morro Shores have a lower space lease because it is their primary residence, and they are able to take advantage of the local area rent control. Leases under rent control vary due to when and how often the home has changed ownership. If the buyer makes this their primary residence, then they also will have the advantage of rent control. This new price reduction allows the buyer to purchase it WAY BELOW market. It is enough below market to compensate for about 8 YEARS worth of difference between its lease cost and the average lease costs of recent sales in Morro Shores on rent control! What a deal for the person who has been dreaming of owning a second home in Morro Shores! If you are making this your permanent residence, this is an even better deal! Easy to show!
Listed by Jane L'Heureux of Lighthouse Realty

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Based on information submitted to CRMLS as of December 5, 2023 3:24 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 633 Ramona Avenue 147, Unit 147

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