$ 3,900,000
-
$3,900,000
Price -
9
Bed -
9
Bath -
5,888
SqFt
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About the Listing SL836 - SL1045160,SL1753340
Built in 1895, this iconic Historic Victorian residence sits on one of downtown San Luis Obispo’s most prominent properties. Restored over the past 50 years, the residence is set on nearly a half-acre of usable land and currently features nine residential units, including three one-bedroom residences and six studio units with lofts. The property also includes nine outbuildings used as garages, storage, a bicycle garage, social room, and laundry facility. Historic character is preserved through ornate Victorian detailing, original redwood built with Douglas fir accents, soaring 12-foot ceilings, and expansive windows, while offering modern conveniences throughout. A large basement, park-like grounds, patio areas, and barbecue space enhance the property’s appeal. In addition to its existing income-producing layout, the property offers potential for future expansion and increased density, subject to local zoning and planning approvals. Development flexibility may allow for additional units or alternative configurations, presenting a rare opportunity for investors and owner-users alike.
Listing Highlights
Status
Active
Days on Site
48
Property Type
Multi-Family
MLS ®
SC26013167
Year Built
1895
Total Square Footage
5,888
Lot/Acreage
0.48
Interior Details
- Bedrooms: 9
- Bathrooms: 9 Full
- Appliances: Dishwasher, Gas Range, Refrigerator, Water Heater
- Air Cond:
- Heating: Fireplace(s),Natural Gas,Wood Stove
- Fireplaces: Free Standing,Gas
- Floor: Carpet,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Built-in Features,Ceiling Fan(s),High Ceilings,Laminate Counters,Paneling/Wainscoting,Storage,Attic,Entrance Foyer
- Water: Public
Exterior Details
- Lot Description: Item610UnitsAcre,Back Yard,Corner Lot,Front Yard,Garden,Lawn,Street Level,Walkstreet,Yard,No Land Lease
- Garage Capacity: 6 car
- Parking Spaces: 15
- Roof: Composition,Shingle
- Others: Lighting,Lap Siding,Redwood Siding,Wood Siding,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Driveway Level,Door-Single,Driveway,Garage,Off Site,On Site,Garage Faces Side,Side By Side,Unassigned,Unpaved
Financial Details
- Tax Amount: $3,306
- Taxes w/Assessments: N/A
- Tax/Property ID: 003631006
- Tax Year: N/A
Payment Calculator
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Questions About..
687 Islay 1-9 San Luis Obispo, CA 93401
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