1719 Chorro

San Luis Obispo, CA 93401
  • $1,395,000

    Price
  • 4

    Bed
  • 4

    Bath
  • 1,930

    SqFt

About the Listing SL528 - SL01873454

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.

Listing Highlights

Status Pending
Days on Site 8
Property Type Multi-Family
MLS ® SC26102619
Year Built 1910
Total Square Footage 1,930
Lot/Acreage 0.11

Interior Details

  • Bedrooms: 4
  • Bathrooms: 4 Full
  • Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor: Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: All Bedrooms Down,Galley Kitchen,Main Level Primary
  • Water: Public

Exterior Details

  • Lot Description: Back Yard,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 003636006
  • Tax Year: N/A

Payment Calculator

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1719 Chorro San Luis Obispo, CA 93401

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Originating MLS: CRMLS

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