Address
1130 Olive St San Luis Obispo, CA
Price
$ 1,455,000
Property Attributes
  • MLS#SP20210325
  • TypeIncome
  • CountySAN LUIS OBISPO
  • CitySan Luis Obispo
  • AreaSan Luis Obispo
  • NeighborhoodSan Luis Obispo
  • Zip93405
  • Style
  • Price$ 1,455,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2701
  • Lot Size7,501 SqFt
Listing Provided Courtesy Of:
Ryan Benson with Peak Properties.
Property Description

One of the newest investment opportunities with an excellent rate of return! For sale near Cal Poly and consisting of two very well maintained, updated and permitted single family homes totaling 2700sf of living space. Very strong rental history with a waitlist for residency, as this is the home of the local Cal Poly surf team. The front home consists of 3-bedrooms/2 bathrooms with a recent exterior paintjob, fully rented for over $2,300 per month. The rear home is a LARGE 5-bedroom/3-bathroom home with a single car garage, and is fully rented for just over $4,600. Both homes share the middle courtyard and backyard. Both homes are separately metered, with tenants paying ALL utilities. Quick access to HWY 101, Cal Poly and downtown San Luis Obispo.

Price History
10/7/2020 Listed $1,499,000
12/1/2020 1% - $1,494,000
12/8/2020 4% - $1,449,000
12/23/2020 1% - $1,448,000

General Features

Accessibility 2+ Access Exits, Parking, Ramp - Main Level
Attached Structure Detached
Community Features Curbs, Dog Park, Foothills, Park, Sidewalks
Directions 1130 Olive St, San Luis Obsipo
Flooring Stone
Garage Spaces 1.00
HOA Fee 0.00
Heating Central
Interior Features Storage
Levels Two
Listagentaor San Luis Obispo
Listing Agent Ryan Benson - BRE#01949307
Listing Agent State License 01949307
MLS Area SLO - San Luis Obispo
Other Structures Shed(s), Storage
Parking Features Driveway, Asphalt, Garage
Pool Features None
Price Per Square Foot 538.69
PropertyCondition Additions/Alterations, Turnkey
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Subdivision Name San Luis Obispo(380)
Subdivision Name San Luis Obispo(380)
Total Units 2
Utilities Electricity Available, Sewer Connected, Water Connected
Zoning CT

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Heating Y/N Yes
Laundry Features Inside
Laundry Y/N Yes
Room Type Family Room, Jack & Jill, Kitchen, Laundry, Living Room
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Building Area Total 2701.00
Foundation Details Combination, Raised
Lot Features 0-1 Unit/Acre
Lot Size Acres 0.1722
Lot Size Area 7500.0000
Lot Size Source Assessor
Lot Size Square Feet 7500.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 2
Number of Separate Gas Meters 2
Number of Separate Water Meters 2
Parking Y/N Yes
Total Parking 5.00
Uncovered Spaces 4.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93405

Price
AVG $1.48M
$1.46M
Visits
AVG 13
29
Year Built
AVG 1975
2003

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