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San Luis Obispo,CA 93405
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,622 sqft
Price per Sqft $858
MLS Listing ID SC24198502
Style Detached
Bedrooms 7
Full Baths 3
HOA Y/N No
Year Built 1947
Lot Size 7,861 Sqft
Acres 0.1805
Property Description
Located just two blocks from Cal Poly, this property offers an exceptional investment opportunity for homeowners, investors, and Cal Poly parents alike. The main house features 5 bedrooms and 2 bathrooms, approx 1571 sq ft, while a separate guest house includes 2 bedrooms, 1 bathroom, and a loft, approx 1051 sq ftideal for generating additional rental income. With the garage offering the potential to be converted into another ADU, the propertys value could increase even further. The front house is currently leased at $6,100 per month, and the back house brings in $3,100 per month, with tenants covering all utilities. Situated close to Cal Poly, parks, dining, and public transport, this versatile property provides both residential comfort and significant income potential in a highly sought-after location.
Located just two blocks from Cal Poly, this property offers an exceptional investment opportunity for homeowners, investors, and Cal Poly parents alike. The main house features 5 bedrooms and 2 bathrooms, approx 1571 sq ft, while a separate guest house includes 2 bedrooms, 1 bathroom, and a loft, approx 1051 sq ftideal for generating additional rental income. With the garage offering the potential to be converted into another ADU, the propertys value could increase even further. The front house is currently leased at $6,100 per month, and the back house brings in $3,100 per month, with tenants covering all utilities. Situated close to Cal Poly, parks, dining, and public transport, this versatile property provides both residential comfort and significant income potential in a highly sought-after location.
Location
State CA
County San Luis Obispo
Area San Luis Obispo (93405)
Interior
Cooling Other/Remarks
Laundry Inside
Exterior
Garage Spaces 1.0
View Mountains/Hills,Neighborhood
Total Parking Spaces 1
Building
Lot Description Curbs,Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Miscellaneous Gutters
Acceptable Financing Cash,Cash To New Loan
Listing Terms Cash,Cash To New Loan
Special Listing Condition Standard