$1,628,000
$1,699,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
2,358 SqFt
SOLD DATE : 08/28/2024
Key Details
Sold Price $1,628,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,358 sqft
Price per Sqft $690
MLS Listing ID SC24122184
Sold Date 08/28/24
Bedrooms 6
Full Baths 3
Construction Status Repairs Cosmetic,Updated/Remodeled
HOA Y/N No
Year Built 1880
Lot Size 8,398 Sqft
Acres 0.1928
Property Description
SELLER PAID BUY DOWN or CREDIT available. Historic Gem with Modern Upgrades in Downtown San Luis Obispo. Nestled adjacent to the vibrant downtown historic district, this charming property offers a perfect blend of vintage elegance and contemporary comfort. Built in the late 1800s, this home has been thoughtfully updated over the years, with an extensive remodel by the current owner bringing it to the pinnacle of modern living. Located within walking distance to SLO's main streets, you'll have easy access to the best restaurants, shopping, and entertainment the Central Coast has to offer. This property features two distinct separately metered units (390 Islay and 1545 Carmel), each offering significant income potential. One unit is occupied by full-time tenants paying top-of-market rent, while the other is a furnished rental. Income has averaged over $10,000 monthly. The R3 zoning and existing (original!) carriage house site provide an exciting opportunity for further income by building an ADU. The spacious interiors are designed to cater to today's lifestyle while preserving the unique character of the property. Modern finishes and materials are juxtaposed against gorgeous wide plank old growth redwood walls, creating an ambiance that is both stylish and warm. Upgraded features include central air and heat, brand new roof, new electrical and plumbing, and freshly redesigned tile and cabinetry in kitchens and baths. Situated on a large corner lot, the oversized property boasts multiple outdoor spaces surrounded by lush hedges that create a private, secret garden feel. Two beautifully designed backyard decks offer the perfect locations to relax and enjoy breathtaking views of the Cerro San Luis Mountains. Don't miss out on this unique chance to own a historic gem with contemporary conveniences and outstanding income potential in the heart of San Luis Obispo. Contact us today to schedule a private viewing and experience the magic of this exceptional property!
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning R3
Rooms
Other Rooms Shed(s)
Main Level Bedrooms 1
Interior
Interior Features Beamed Ceilings, Built-in Features, Chair Rail, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Furnished, High Ceilings, Living Room Deck Attached, Multiple Staircases, Paneling/Wainscoting, Quartz Counters, Two Story Ceilings, Wood Product Walls
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance 6 Burner Stove, Dishwasher, ENERGY STAR Qualified Water Heater, Electric Range, Disposal, Gas Range, High Efficiency Water Heater, Range Hood, Water Heater, Dryer, Washer
Exterior
Garage Off Street
Pool None
Community Features Curbs, Foothills, Golf, Hiking, Horse Trails, Mountainous, Park, Preserve/Public Land
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Shingle
Porch Deck
Parking Type Off Street
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Foundation Concrete Perimeter, Raised
Sewer Public Sewer
Water Public
Architectural Style Victorian
Level or Stories Two
Additional Building Shed(s)
New Construction No
Construction Status Repairs Cosmetic,Updated/Remodeled
Schools
School District San Luis Coastal Unified
Others
Senior Community No
Tax ID 003612013
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Horse Feature Riding Trail
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Tim Riley • Century 21 Hometown Realty, San Luis Obispo Office
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "