Listing Agent: Amy Daane      Broker/Office: The Avenue Central Coast Realty, Inc.
241 Henderson San Luis Obispo CA 93405
$ 1,575,000
  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

2

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:  $ 1575000
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#