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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.
Last Updated | 8/22/2024 | Year Built | 1950 |
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Community | San Luis Obispo | County | San Luis Obispo |
SCHOOLS
School District | San Luis Coastal Unified |
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Price History
Prior to Aug 22, '24 | $1,100,000 |
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Aug 22, '24 - Today | $1,000,000 |
Additional Details
AIR | None |
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AREA | San Luis Obispo |
HOA DUES | 0 |
INTERIOR | All Bedrooms Down |
LOT | 3200 sq ft |
LOT DESCRIPTION | 16-20 Units/Acre |
LOT DIMENSIONS | 3200 |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
VIEW | Yes |
VIEW DESCRIPTION | Neighborhood |
WATER | Public |
ZONING | R3 |
Location
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