Active
1042 Olive Street
San Luis Obispo CA, 93405
$1,650,000
$189.39 per sqft
Active
8,712 sqft
Commercial
Listed by Matt Sansone with Compass [email protected]
Shovel ready and entitled mixed use development project in the heart of San Luis Obispo! This half acre lot will be host to 15 residential units and 3 commercial condominiums. The site is centrally located approximately one half mile to Downtown and one mile to the Cal Poly campus. This project could be a great fit for a developer looking to build and sell or an investor looking for long-term hold. In addition to the three commercial units at the ground floor, the plans call for 3 income restricted studio units, 10 open market two bedroom, two bath units and 2 penthouse units featuring two beds, two and a half bathrooms and generous living spaces. The final map is under review and then permits are ready to be pulled - what are you waiting for?
SC24148702
MLSⓇ ID
July 19, 2024
Listed
August 30, 2024
Updated
Map
1042 Olive Street
San Luis Obispo CA, 93405
Interior Features
Total Stories
4
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.52 Acres
Lot Features
31-35 Units/Acre
Other Property Details
Area Name
699 - Not Defined
Garage
No
View
No
County
San Luis Obispo
Water Source
See Remarks
Pool
No
Listing Contact: 805-782-6000
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/30/2024 at 8:08 PM UTC