701 Los Osos Valley Rare Multi-Family Opportunity in the Heart of Los Osos Discover a unique and versatile multi-family property offering three separate residences on an approximately 8, 500-square-foot lot. The secluded 3-bedroom, 2-bath main residence features an attached two-car garage, while the adjacent duplex offers two 2-bedroom, 1-bath units, each with its own private outdoor patio. New roofs were installed on both the duplex and single-family residence in August 2026, providing an important recent improvement for the next owner. Ideally located just 0.5 miles from downtown Los Osos, this property is close to the library, tennis courts, skate park, Monarch Elementary School, and scenic hiking trails. Whether you're looking for a multi-generational living arrangement, an investment opportunity, or a way to offset your housing costs, this property offers exceptional flexibility.