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$1,000,000

Est. payment - /mo

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1,144 SqFt

Active

1417 Carmel St. San Luis Obispo, CA 93401

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/31/2024 11:05 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,144 sqft

Price per Sqft $874

MLS Listing ID SC24125940

HOA Y/N No

Year Built 1950

Lot Size 3,201 Sqft

Property Description

Rare chance to purchase an income property at 1417 Pismo Street, conveniently located in downtown San Luis Obispo! Each unit has a full kitchen, 1 bedroom and full bathroom. Unit B, offering 494 sq ft of living space with laminate flooring, is currently leased month to month. It includes a range and fridge in the kitchen, and an indoor laundry closet with washer and dryer. Unit A, larger at 650 sq ft, is ready for your thoughtful upgrades in order to maximize rent income and increase equity. This property also offers a great opportunity to live in one unit while earning passive income from the other. Both units have off street parking spaces, while the street offers unmetered parking options. Situated on a 3200 sq ft lot zoned R-3, there is additional potential for creative investors; check with the City of SLO for possibilities.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Rooms

Other Rooms Shed(s)

Ensuite Laundry See Remarks

Interior

Laundry Location See Remarks

Heating Wall Furnace

Cooling None

Fireplaces Type None

Inclusions washer/dryer (unit B)

Fireplace No

Laundry See Remarks

Exterior

Garage Off Street

Pool None

Community Features Biking, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Parking Type Off Street

Total Parking Spaces 2

Private Pool No

Building

Lot Description 16-20 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 003611020

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Trust

Listed by Layne Smith • Link Real Estate Group, Inc. • 805-704-5476

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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