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Listed by Ellie Washington, DRE #02079797 • Compass
$799,000
Est. payment /mo
4 Beds
4 Baths
1,334 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,334 sqft
Price per Sqft $598
MLS Listing ID CRSC26051750
Style Craftsman
Bedrooms 4
Full Baths 4
Year Built 1920
Lot Size 5,000 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
This 1920s triplex property offers potential for renovation, investment and development, nestled in vibrant downtown San Luis Obispo with views of Cerro San Luis peak. Triplex includes: attached 2 BED/2 BA unit with attached 1-car garage, attached studio/1 BA unit, and a small detached rear studio/1 BA unit. Zoned Office (Residential on Commercial RES-NEC) and situated on a spacious 5,000 square foot lot. The backyard offers ample space and convenient additional access via an easement off Walnut St. Per the City of SLO Planning, the lot has a density allowance of at least 2.00 density units, opening the door to possibilities for expansion or redevelopment. Buyer to verify development potential with the City of SLO. While this property requires major repairs and renovations, it's priced to reflect its as-is sale condition, making this a rare opportunity in downtown San Luis Obispo.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning O
Rooms
Kitchen Oven Range - Gas
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplaces Type None
Laundry None
Exterior
Parking Features Garage
Garage Spaces 1.0
Pool 31, None
View Hills
Building
Story One Story
Foundation Raised
Water Hot Water, District - Public
Architectural Style Craftsman
Others
Tax ID 002313003
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