See all 16 photos
$3,900,000
Est. payment /mo
12 Beds
0.3 Acres Lot
Price Dropped by $100K
1771 Johnson Avenue San Luis Obispo, CA 93401
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision San Luis Obispo(380)
MLS Listing ID SC25199710
Bedrooms 12
Lot Size 0.300 Acres
Property Sub-Type Res Income 2-4 Units
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.
Location
State CA
County San Luis Obispo
Zoning Assessor
Direction Take California Exit to Johnson Avenue, enter property going South on Johnson
Interior
Heating Forced Air Unit
Fireplace No
Exterior
View Y/N No
Roof Type Metal
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 003563025
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange

Listed by Elizabeth Lee Triad Real Estate Group
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