Listing Agent: Amy Daane      Broker/Office: The Avenue Central Coast Realty, Inc.
241 Henderson San Luis Obispo CA 93405
$ 1,498,000
  3   |    2   |    1471 Sq Feet

Listing ID

#SC26077014

Status

Active

Property Type

Single Family Residence

County

San Luis Obispo

Neighborhood

San Luis Obispo(380)

Year Built

1953

Days on website

36

Description
Prime investment opportunity in the highly sought-after “Golden Zone” just steps from California Polytechnic State University. This charming property offers an ideal blend of location, flexibility, and future development potential.
The existing home features 3 bedrooms and 2 bathrooms, thoughtfully updated with a newer kitchen and somewhat remodeled bathrooms, creating a comfortable and move-in ready living space. An indoor laundry room adds everyday convenience, while the flexible floor plan offers the potential to convert the dining room or kitchen area into a fourth bedroom—maximizing use and versatility.
From the street, the home boasts darling curb appeal with low-maintenance, drought-resistant landscaping, a turf lawn, and a welcoming front deck—perfect for enjoying the Central Coast lifestyle without the upkeep.
What truly sets this property apart are the City-approved plans for a 4-bedroom ADU, presenting a rare and valuable opportunity to significantly increase long-term value in one of the most desirable locations in San Luis Obispo.
The current lease is in place through 6/30/2026, offering a clear timeline for future planning.
Whether you're looking to expand your portfolio, secure a prime location near campus, or capitalize on development potential, this is an exceptional opportunity you won’t want to miss.
Location
Financial Information
List Price:  $ 1498000
Property Features
Appliances:  Dishwasher, Disposal, Dryer, Microwave, Washer
Community Features:  Curbs, Suburban
Fireplace Features:  Gas, Kitchen
Flooring:  Carpet, Laminate
Heating:  Central
High School:  San Luis Obispo
High School District:  San Luis Coastal Unified
Laundry Features:  Inside
Levels:  One
Lot Features:  Walkstreet, Yard
Patio And Porch Features:  Deck, Stone, Wood
Road Surface Type:  Paved
Roof:  Composition
Senior Community YN:  false
Structure Type:  House
View:  Hills, Neighborhood
Water Source:  Public
Window Features:  Blinds
High School:  San Luis Obispo
High School District:  San Luis Coastal Unified
Senior Community YN:  false
MLS Area Major:  SLO - San Luis Obispo
City:  San Luis Obispo
Listed By:   Amy Daane   The Avenue Central Coast Realty, Inc. 
CA Lic#