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This property presents an outstanding investment opportunity near Cal Poly, offering versatile R4 zoning for a range of development options. The existing 2-bedroom, 1-bath, 826 sq. ft. home, originally built in 1915, boasts charming hardwood floors and updated electrical as of last year. Development possibilities include retaining the current home and demolishing the garage to create space for one or two additional dwellings, or possibly redeveloping the entire lot. The zoning could allow for up to four 2-bedroom units or three larger units with four or more bedrooms. Ideally located near downtown San Luis Obispo, with easy access to transportation, dining, and shopping and within walking distance to Cal Poly. Buyers should verify all possibilities with the City to fully capitalize on this property's potential!
Property Type(s):
Single Family
| Last Updated | 3/5/2025 | Tract | San Luis Obispo(380) |
|---|---|---|---|
| Year Built | 1915 | Community | San Luis Obispo |
| Garage Spaces | 1.0 | County | San Luis Obispo |
SCHOOLS
| School District | San Luis Coastal Unified |
|---|
Additional Details
| AIR | None |
|---|---|
| AREA | San Luis Obispo |
| GARAGE | Yes |
| HOA DUES | 0 |
| INTERIOR | Bedroom on Main Level, Eat-in Kitchen |
| LOT | 4531 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | San Luis Obispo(380) |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills,Neighborhood |
| WATER | Public |
Location
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Listed with Keller Williams Realty Central Coast
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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