1771 Johnson Avenue, San Luis Obispo, CA 93401

List Price
$4,000,000
Status
ACTIVE
MLS#
SC25199710
Year Built
2010
Lot Size
13,065
Acres
0.30
Lot Location
6-10 Units/Acre, Back Yard, Drip Irrigation/Bubblers, Landscaped
Days on Market
4
Property Type
Single Family Residential
Style
Cottage
Property Sub Type
Single Family Residence
Stories
Three Or More Levels
Neighborhood
San Luis Obispo(380)

Property Description

Price Improvement! One-of-a-kind investment opportunity in downtown San Luis Obispo. This property includes nine incredibly well built, standalone, single-family cottages all with attached single car garages. The nine cottages consist of three 2 bed/1.5 bath, two studio/1 bath and four 1 bed/1.5 bath. Each cottage has its own personal backyard and additional off street parking space. All units boast an abundance of natural light, steel roofing, dual pane encased windows, original bamboo flooring, high ceilings and Rinnai tankless water heaters. Washer and dryer hook ups located in each garage. Entry and driveways consist of cobble pavers and lined with mature landscaping. Property includes a quaint and maintained common area seating area. This property is centrally located, minutes from the famous downtown area, Cal Poly Campus, SLO High campus, 101 access, local wineries and hiking trails. It sits in the beautiful banana belt weather area. This property is highly desirable to renters and has historically low vacancies.

Additional Information

Appliances
Dishwasher, Electric Water Heater, Freezer, Disposal, Gas Oven, Microwave, Refrigerator, Range Hood, Tankless Water Heater
Pool Description
None
Heat
Electric, Forced Air
Cooling Description
None
View
City Lights, Hills, Mountain(s), Neighborhood
Exterior Construction
Drywall, Fiberglass Siding, Wood Siding
Roof
Metal
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Interior Features
High Ceilings, Multiple Staircases, Stone Counters, All Bedrooms Up
Attached Structure
Detached
Number Of Units Total
9
Operating Expense
85000

Listing courtesy of Listing Agent: Elizabeth Lee (liz@lizleeproperties.com) from Listing Office: Triad Real Estate Group.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.