1417 Carmel Street Active

San Luis Obispo,CA 93401

$ 1000000

2 Beds

2 Baths

1144 SqFt


Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 1,144 sqft

Price per Sqft $874

MLS Listing ID SC24126796

Style Townhome

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1950

Lot Size 3,200 Sqft

Acres 0.0735

Lot Dimensions 3200

Property Description

Rare chance to purchase an income property at 1417 Pismo Street, conveniently located in downtown San Luis Obispo! Each unit has a full kitchen, 1 bedroom and full bathroom. Unit B, offering 494 sq ft of living space with laminate flooring, is currently leased month to month. It includes a range and fridge in the kitchen, and an indoor laundry closet with washer and dryer. Unit A, larger at 650 sq ft, with brand new carpeting and water heater, is ready for your thoughtful upgrades in order to maximize rent income and increase equity. This property also offers a great opportunity to live in one unit while earning passive income from the other. Situated on a 3200 sq ft lot zoned R-3, there is additional potential for creative investors; check with the City of SLO for possibilities.
Rare chance to purchase an income property at 1417 Pismo Street, conveniently located in downtown San Luis Obispo! Each unit has a full kitchen, 1 bedroom and full bathroom. Unit B, offering 494 sq ft of living space with laminate flooring, is currently leased month to month. It includes a range and fridge in the kitchen, and an indoor laundry closet with washer and dryer. Unit A, larger at 650 sq ft, with brand new carpeting and water heater, is ready for your thoughtful upgrades in order to maximize rent income and increase equity. This property also offers a great opportunity to live in one unit while earning passive income from the other. Situated on a 3200 sq ft lot zoned R-3, there is additional potential for creative investors; check with the City of SLO for possibilities.

Location

State CA

County San Luis Obispo

Area San Luis Obispo (93401)

Zoning R3

Interior

Laundry Other/Remarks

Exterior

View Neighborhood

Building

Story 1

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Acceptable Financing Cash,Cash To New Loan

Listing Terms Cash,Cash To New Loan

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