Property
Beds
3
Full Baths
2
1/2 Baths
1
Year Built
1950
Sq.Footage
1,500
Rare opportunity to obtain an income property located just five minutes’ walking distance to Cal Poly University! The property includes two units: a 2-bedroom (ability to create a 3rd bedroom), 1.5-bath main residence with indoor laundry, plus a detached turnkey studio. The premium location delivers breathtaking views of Madonna Mountain and Bishop Peak, making it highly desirable for tenants and future growth. A huge bonus is the detached 2 car garage and large driveways for on site parking in addition to the street side parking. Cash flow potential from dual units, plus potential opportunities for additional unit development on the large lot. Situated in the heart of San Luis Obispo, you’re only a short drive to pristine Central Coast beaches and less than 30 minutes to the award-winning Paso Robles wine country. A unique chance to secure rental income and strong potential appreciation in one of California’s most sought-after university towns.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
YES
-
Main Level Bedrooms
3
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Parking
Driveway, Garage, Off Site, Permit Required
-
Pool
Yes
-
Pool Features
None
-
View
City Lights, Hills, Mountain(s)
Area & Lot
-
Lot Features
Back Yard, Front Yard
-
Lot Size(acres)
0.1961
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$1,425,000
-
Sq. Footage
1, 500
-
Price/SqFt
$950
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
San Luis Obispo
Property Features
-
Stories
1
-
Foundation Details
Raised
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
3
-
Water Source
Public
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Location
County
San Luis Obispo
Elementary School
Middle School
High School
San Luis Obispo
Listing Courtesy of Robert Mcconaghy , LPT Realty, Inc.
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