Listing Agent: Graham Updegrove      Broker/Office: California Coastal Real Estate
1719-1721 Chorro San Luis Obispo CA 93401
$ 1,395,000
  3   |    3   |    1930 Sq Feet

Listing ID

#SC26100392

Status

Pending

Property Type

Triplex

County

San Luis Obispo

Neighborhood

San Luis Obispo(380)

Year Built

1910

Days on website

13

Description
Exceptional investment opportunity near downtown San Luis Obispo featuring three income-producing units. This versatile multi-family property offers a desirable mix of classic charm and newer construction, ideal for seasoned investors or owner-occupants. The front residence is an updated 2-bedroom, 2-bath single family home built circa 1910, offering 1,066 square feet of living space. Beyond the front door, an entry foyer leads past a front bedroom to the living room, dining room and galley style kitchen. A nicely sized primary suite is accessed off the living room with a walk-in closet, plus large en-suite bath featuring dual sink vanities and stand up shower. The well-adorned kitchen offers white cabinetry, granite tile counters and pantry space. A second full bathroom and dedicated laundry room with built in desk and storage are at the rear of the house with a door leading to the backyard. House features include tiled flooring throughout, dual pane windows, and neutral paint colors. The home is currently leased for $2,850/month. Situated at the rear of the property is two-story duplex built in 1949, totaling approximately ±864 square feet. Each unit is a 1-Bed, 1-Bath providing efficient and flexible living space and each with their own laundry hookups. These units are currently leased for $1,545/month and $1,570/month + a combined $350/mo utility reimbursement. There are (2) electric meters, (2) gas meters and (2) water meters. With strong in-place rental income and its highly desired location, this property presents excellent prospects for long-term appreciation or multi-generational living.
Location
Financial Information
List Price:  $ 1395000
Property Features
Appliances:  Dishwasher, Disposal, Microwave, Refrigerator
Community Features:  Curbs, Sidewalks
Flooring:  Tile
Foundation Details:  Raised, Slab
High School District:  San Luis Coastal Unified
Levels:  One, Two
Parking Features:  Driveway
Senior Community YN:  false
Structure Type:  Triplex
View:  Neighborhood
Water Source:  Public
High School District:  San Luis Coastal Unified
Senior Community YN:  false
MLS Area Major:  SLO - San Luis Obispo
City:  San Luis Obispo
Listed By:   Graham Updegrove   California Coastal Real Estate 
CA Lic#