San Luis Obispo, CA 93401,1118 Palm Street
San Luis Obispo, CA 93401,1118 Palm Street
San Luis Obispo, CA 93401,1118 Palm Street
43
See all 43 photos
$1,350,000
Est. payment /mo
4 BD
2 BA
2,068 SqFt
Price Dropped by $100K

1118 Palm Street San Luis Obispo, CA 93401

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UPDATED:

10/30/2024 03:32 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,068 sqft

Price per Sqft $652

MLS Listing ID SC24187371

Style Detached

Bedrooms 4

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1898

Lot Size 0.275 Acres

Acres 0.2755

Property Description

Welcome to 1118 Palm Street in San Luis Obispo, CA! This exceptional property offers a rare opportunity to own a prime piece of downtown real estate, set on an expansive 12,000 square-foot lot. Situated in the versatile Office Zone, this property is ideal for a variety of uses, from a sophisticated office space to a charming residence, or even a combination of both. You may also explore the development of additional homes or apartments in the large area behind the existing home. The property boasts elegant architectural features including large windows, soaring 11-foot ceilings, and distinctive rooflines that enhance its functionality and historic charm. Brass door handles, Douglas Fir floors, artistic lighting fixtures, and a grand fireplace add a touch of quality and uniqueness you wont find in newer construction. The property includes a kitchen area, two bathrooms, and a separate walk in shower room. Elevated above street level, the property provides stunning views of the surrounding mountains and downtown San Luis Obispo. At the rear, youll find a serene sitting area and a large parking lot with 8 onsite spaces. The expansive attic, accessible via staircase, offers ample storage space with the potential to convert into additional office or living areas. Whether you envision creating a Downtown SLO estate with gardens, guest units, and a detached garage/shop, or improving a premium office space, this property presents a unique opportunity. The seller has developed conceptual plans for additional housing units - please inquire for more information. Discover the potential
Welcome to 1118 Palm Street in San Luis Obispo, CA! This exceptional property offers a rare opportunity to own a prime piece of downtown real estate, set on an expansive 12,000 square-foot lot. Situated in the versatile Office Zone, this property is ideal for a variety of uses, from a sophisticated office space to a charming residence, or even a combination of both. You may also explore the development of additional homes or apartments in the large area behind the existing home. The property boasts elegant architectural features including large windows, soaring 11-foot ceilings, and distinctive rooflines that enhance its functionality and historic charm. Brass door handles, Douglas Fir floors, artistic lighting fixtures, and a grand fireplace add a touch of quality and uniqueness you wont find in newer construction. The property includes a kitchen area, two bathrooms, and a separate walk in shower room. Elevated above street level, the property provides stunning views of the surrounding mountains and downtown San Luis Obispo. At the rear, youll find a serene sitting area and a large parking lot with 8 onsite spaces. The expansive attic, accessible via staircase, offers ample storage space with the potential to convert into additional office or living areas. Whether you envision creating a Downtown SLO estate with gardens, guest units, and a detached garage/shop, or improving a premium office space, this property presents a unique opportunity. The seller has developed conceptual plans for additional housing units - please inquire for more information. Discover the potential of Palm Street and imagine the possibilities for this remarkable property in the heart of San Luis Obispo.

Location

State CA

County San Luis Obispo

Area San Luis Obispo (93401)

Zoning O

Interior

Cooling Central Forced Air

Flooring Carpet, Wood

Fireplaces Type FP in Family Room

Equipment Refrigerator

Appliance Refrigerator

Exterior

Fence Average Condition

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Mountains/Hills

Roof Type Composition

Building

Lot Description Sidewalks

Story 2

Sewer Public Sewer

Water Public

Architectural Style Victorian

Level or Stories 2 Story

Others

Acceptable Financing Cash To New Loan

Listing Terms Cash To New Loan

Special Listing Condition Standard


San Diego Regional MLS (SDMLS)
Listed by Erik Berg-Johansen • Richardson Sotheby's International Realty

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Jeehyun Hoke

Agent | License ID: 02222705

+1(913) 624-4768

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1118 Palm Street